Don’t Shoot the Messenger but know the Facts

Marijuana is considered an illegal drug in most countries and has a strange relationship with life insurance providers.  The health ministry in Canada, Health Canada, allows approved patients to use marijuana to alleviate their symptoms. Though the use of marijuana has received medical credence, insurance companies have shown differing ways in handling a life insurance applicant who uses it. Life insurance companies will approve an occasional marijuana user, but the policyholder will be given a smoker status. Most users have reservations about their marijuana use and opt out of buying life insurance completely, leaving their loved ones in the dark.  Jack Bendahan your Toronto Life Insurance Advisor explains that his approach is to make people feel comfortable by creating a very open environment and relationship that allows his clients open up and allow for the best education possible. He creates this relationship by providing informative articles and videos via his YOUTUBE Channel.He really puts himself out there and steps across the typical stereotyped insurance advisor. By the time they meet with him they feel like they know him personally.

A lot of marijuana smokers get totally offended when it comes to knowing the facts about life insurance and they tend to shoot the messenger. While I don’t necessarily have an opinion on smoking marijuana. Its important to know how the insurance company deal with pot smokers or users and how it can effect you. The amount of marijuana you will use determines how they react to your policy. Most believe that the worse case is that of a smoking status but if you don’t have a broker who can guide you through the whole process you can actually end up with a rated policy based on marijuana use that the insurance company deems excessive. Smoking one or two times a week should be ok although smoking weed 1-2 times a month almost guarantees you a standard rate. It’s worthwhile to speak to a reputable life insurance advisor who know underwriting practices and can steer you from making a huge mistake that would show up  the medical information bureau of Canada. Feel free to contact the Life Insurance Broker known as the Lifeman from www.lifeman.ca who is a known and proven expert in the industry being featured on Rogers Live TV Show ” In The Know” discussing complex issues that many fear to talk about such as life insurance and marijuana use.