Smokers pay higher premiums for a reason

Even for non smokers, the chance of living up until age 75 is higher for every age group than living to age 75 without a life threatening critical illness.

Notice that these data are not about the chances of critical illness or death in the next 5 or 10 years at various ages. The chances are higher at younger ages because those people have to live for longer time period without a critical illness before age 75 than those who have been fortunate enough to live, for example, to age 65.

Smokers have worse chance to live long than non smokers, but the difference between smokers and nonsmokers is even bigger if you look at the different probabilities for living without a critical illness.


Top page (on personal financial planning)

Key areas:

Life and health insurance (including disability, critical illness, and long-term care protection)

If you are / have ...

These web pages are for information purposes only. The information contained and presented, while based on and obtained from sources we believe to be reliable, is not guaranteed either as to its accuracy or completeness. The content of these web pages is solely the work of the author, Laszlo Kramar.

The views (including any recommendations) expressed on these pages are those of the author alone, and they have not been approved by anybody. Neither the information nor any opinion expressed herein constitutes an offer, or an invitation to make an offer, to buy or sell any product discussed or referred to in these web sites. These web pages are for educational purposes only and are not intended for use by residents of the United Sates; nor are they intended as an offer or solicitation in any jurisdiction outside of Ontario, Canada. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

(c) Copyright 1997-2006 László Kramár. All Rights Reserved.