Good Idea for Smokers Get 1.27 Crores - Bajaj Allianz

Smokers have not only been edged out of public spaces, they losing out heavily on insurance premium as well.

Smoker miss out on huge incentive - ranging from 15-50% - because of their cancer-causing habit of smoking, says insurance experts. " A person who smokes an average of 8 cigarettes a day would spend an average of Rs. 23,360 per year (on his addiction). With this amount, a 35 year-old smoker could get a life insurance cover policy around Rs. 1.27crores for 15 years" said Rituraj Bhattacharya, who heads market management for Bajaj Allianz Life Insurance. But a non smoker of the same age would get a cover of Rs. 1.96 crores, a massive difference almost 55%, he added.

Let you stop smoking and be healthy and get an insurance policy with bajaj allianz or form others for 1.26 crores from this day.

Source : TOI 31 May 13