The reason people need life insurance is the same regardless of whether they use marijuana or not.
Fort Collins, CO (PRWEB) June 03, 2013
420 Life Insurance has released a new guide to help marijuana users get life insurance to cover their family. Representative Tim Holt specializes in finding life insurance companies willing to cover marijuana users. Despite growing acceptance and legalization of marijuana use, Holt finds that many fear revealing pot use and doubt coverage is available to them.
Holt says, “The reason people need life insurance is the same regardless of whether they use marijuana or not. Unfortunately, many families that may someday need life insurance to maintain their quality of lifestyle go without due to the mistaken belief that insurance companies will not insure a marijuana user.”
While most insurance carriers will deny an applicant that uses marijuana, Holt knows life insurance companies that provide 10, 15, 20 or 30-year policies to occasional marijuana users. Rates are higher than for non-users, but rates may not be as high as those charged to tobacco users.
When medical marijuana use is an issue, the underlying medical condition may influence the insurance company’s decision more than the frequency of pot use. That’s why Holt personally works with those seeking coverage. The personal contact helps maintain confidentiality, and Holt can draw on his experience regarding which insurers are more likely to accept certain medical problems and which insurers are more likely to issue coverage without a medical exam.
Regardless of health problems, misrepresentations on an application can result in coverage being voided at a later date. Rather than risk not having coverage when needed, Holt encourages marijuana users to get the facts before applying. The 420 Life Insurance guide is available for free downloading at http://www.420lifeinsurance.com/download-report.htm.
Marijuana users may also get confidential coverage quotes on the 420LifeInsurance website or email Tim(at)420LifeInsurance(dot)com or call 1-866-429-5991 to request personal consultations to discuss their questions.
About 420 Life Insurance:
As an independent broker connecting people with financially-sound life insurance companies, 420 Life Insurance is based in Colorado. To protect the confidentiality of the public, personal advisor Tim Holt works directly with customers rather than channel them through a phone bank of operators.
Clients may visit 420 Life Insurance online at 420LifeInsurance.com for instant confidential quotes, email Tim(at)420LifeInsurance(dot)com or call 866-429-5991 for further information.