Smoking expensive for many reasons, Life Insurance Rates

- http://www.cincinnati.com/story/money/2014/08/08/smoking-expensive-many-reasons/13815579/ -

It may be hard to believe, but life-insurance companies did not always charge extra for smoking. It was around 1980 that we started seeing smoker rates. Now, though, every insurer has established this rating classification. Modern science and medical research have convinced the industry that life expectancy of smokers as a class is shorter than that of nonsmokers. Now many insurers charge as much a four times the premium for smokers as for nonsmokers.