Rs.52 Lakh is What You Will Burn Up by Smoking

If this was not enough, the insurance companies keep a track of this and they hike their insurance premiums accordingly. You will have to pay 40-60 percent higher premium for your life insurance if you are a chain smoker. For example, if a 30-year-old non-smoker pays Rs.4,100 a year for an insurance cover of Rs.50 lakh for 30 years, he will have to pay 40 percent extra which will be Rs.5,800 if he smokes. The medical insurance premium is also lower if one does not make a claim.

Other than serious diseases like heart attacks, strokes, chronic obstructive pulmonary disease (COPD) and cancer, smoking will lengthen your bill with problems related teeth and other psychological problems. Dentist and psychologists are the most expensive professions in India.