Given the fact that vapers have been facing many challenges, with many having to pay the same life and health insurance rates as smokers, the Independent British Vape Trade Association (IBVTA) is thrilled to welcome insurance company Lifeguarded, as an Associate Member.
Despite the fact that most e-cigarette users have turned to vaping in order to quit smoking, in the US they are being lumped in with smokers when it comes to health insurance policies.
Normally non-smokers including vapers, are charged up to 50% less a year on their life insurance. This could equate to paying between $350 to $800 less a year, depending on other health related factors. However, health insurers in the United States, tend to not consider e-cigarettes or vapes as cessation or harm-reduction tools, and insure vapers as they would smokers.
“If you have any belief, even given all the uncertainties, that vaping can be a form of harm reduction, from a public-health and ethical standpoint, the answer to this question is obvious,” said Ronald Bayer, a professor of sociomedical sciences at Columbia. “People should be encouraged to go from one to the other, not discouraged.”
Diane Caruana – VapingPost – 2022-07-20