Tobacco.org

Smoking: Costs will vanish in a puff of smoke  

Wednesday's No Smoking Day is the first since the ban in public places came in, and 2.25 million people are expected to try to quit this week. Anyone who succeeds will find their bank balance improves, as well as their health.

Being classed as a non-smoker means premiums can become about 50 per cent cheaper for many types of insurance, such as life cover and critical illness policies.

Research by broker Lifesearch shows that a non-smoking 40-year-old female taking out £100,000 of level term assurance over 30 years with insurer Aegon would pay almost half the monthly premiums of a smoker (£12.61 against £24.98) and save £4,453.20 over the term.

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