- Feb 2, 2021
Greeetings all, I was asked what happens when a pipe smoker passes away with a sizable life insurance policy that was written when they were a non-smoker? Are the beneficiaries penalized by receiving less of the payout? Can the insurance company even find out if the policy holder was a smoker? I wasn't sure how to answer this one. If any of you have ever heard of this happening I would appreciate your thoughts.