From Insurance Lounge

Most experts say it’s not advisable to simply shop for the policy with the lowest premium. Before worrying about saving a few bucks, you’ll want to look closely at the features it offers.

Be sure that the policy is guaranteed renewable – that is, you can renew your policy without a physical exam.  Also be sure it contains a conversion privilege.

Together, these two features offer protection of your future insurability. For many years, insurers have offered a lower cost premium to non-smokers. Recently, some companies have added an additional standard premium class for individuals who smoke, but are otherwise in good health, and non-smokers with minor medical impairments. If one ofthese situations applies to you, it could save you money. Be sure to purchase a policy that’s backed by a company with financial strength, a reputation for integrity, and dedication to its clients.