Looks like dope smokers are going to pay sharply higher premiums for life insurance, with some issuers categorizing it as being just as risky as cigarette smoking. For example, the cost for a 20-year, $1 million life insurance policy can be as much as five times greater than for a similar policy issued to a non-cigarette, non-pot smoking individual. Ouch!
"There are no consistent industry mandates, or best practices, as marijuana comes out of the shadows and is legal in eight US states and the District of Columbia. â€śWe donâ€™t get into that side of things, that is something for individual company operations,â€ť Jack Dolan of the American Council of Life Insurance told The Post, referring to insurance companiesâ€™ marijuana rules."
Pot smokersâ€™ insurance premiums to get high | New York Post