Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

How to get life insurance if you use marijuana

Rates and coverage depend on why and how often you partake.

Updated

Fact checked

Get life insurance today

Compare your custom life insurance policies starting at $16/month.

Your information is secure.

With legalization of marijuana sweeping the nation, life insurance companies are looking more closely at why you’re using cannabis to determine coverage and premiums. Insurance companies are cautious about coverage and may consider any chronic medical conditions when they determine coverage.

Can I get life insurance if I use cannabis?

Yes. Many top life insurance companies insure cannabis users, but they tend to be cautious about coverage. Insurance providers care about how frequently you smoke and whether you use cannabis for an underlying health problem, which may indicate a more serious risk than casual cannabis use.

As the legal framework for marijuana evolves, so will life insurance underwriting.

Protect your loved ones
Compare affordable quotes from 12+ A-rated life insurance companies side-by-side.

Need help? Talk to a customer specialist

X

How do life insurers classify cannabis use?

How insurers classify cannabis use depends on how often you use it and what you use it for. Similar to tobacco use, it’s classified as a higher risk the more often you use it.

Medical cannabis use is likely to be scrutinized for what it’s treating. If it’s used for chronic medical conditions including long-term pain, anxiety and Crohn’s Disease, coverage is determined based on your conditions, rather than the use of cannabis to treat them. Those who use it medically are less likely to be classified as smokers.

Recreational cannabis use could classify you as a smoker if you use it often. Underwriters consider the frequency — the more you smoke cannabis, the more likely an insurer will consider you a smoker.

Does my state affect my chances of getting approved?

The life insurance industry has eased up on marijuana use in recent years as states across the country have legalized or decriminalized it.

How do I get approved for life insurance if I use marijuana?

You can improve your chances of approval and potentially cut your premiums by doing the following:

  • Find a company that considers you a nonsmoker. Some insurance companies will raise the premiums of smokers to over two times that of nonsmokers. Others won’t consider you a smoker if you occasionally and recreationally use marijuana. During your research, look at more lenient providers like Lincoln National.
  • Don’t lie on your application. Lying on your application can deny your beneficiaries a payout. Plus, if you take a medical exam, the blood and urine tests will pick up on any marijuana in your system. To avoid being denied coverage, be upfront about your marijuana use from the start.
  • Consider no-exam policies. You might find slightly higher rates for life insurance policies without a medical exam, but you won’t have to worry as much about being rejected.
  • Compare providers. Think about using a broker to help you find an insurer that will accept your marijuana use. Since brokers aren’t tied to a particular provider, they may be able to offer more options.

The best life insurance companies for marijuana users

While applications are assessed on a case-by-case basis, these insurers are known to have more relaxed underwriting standards for marijuana users:

  • AIG
  • Lincoln Financial
  • Mutual of Omaha
  • Pacific Life
  • Prudential

Compare life insurance for cannabis users

Name Product Issue age Minimum Coverage Maximum Coverage Term Lengths Medical Exam Required
Sproutt
18 - 60 years old
$50,000
$10,000,000
5, 10, 15, 20, 25 and 30 years
No
This life insurance broker combines technology and the human touch to match you with a policy tailored to your needs.
Bestow
21 - 54 years old
$50,000
$1,000,000
10 or 20 years
No
Affordable 10- and 20-year term life insurance policies with instant quotes and no medical exams.
Policygenius
18 - 85 years old
$50,000
$10,000,000
10, 15, 20, 25, 30 years
Depends on provider and policy
Compare affordable quotes from 12+ A-rated life insurance companies side-by-side.
Everyday Life
20 - 75 years old
$100,000
$10,000,000
10, 15, 20, 25 or 30 years
No
Build a customized laddering strategy to target specific financial responsibilities and save on term life.
Fabric
25 - 60 years old
$100,000
$5,000,000
10, 15, or 20 years
Depends on policy
Get affordable term life insurance with accelerated underwriting or no-exam coverage up to $1,000,000. Available in all states except CA, NY and MT.
loading

Compare up to 4 providers

How will cannabis use affect my premiums?

Luckily, cannabis doesn’t always heavily affect your risk profile. Your premiums rise or fall based on your overall insurance rating, determined by your risk profile.

Ratings won’t be the same across every insurance provider. One insurer may classify the use of more than once a week with smoker rates, while another may approve up to two times a week as a nonsmoker.

Here are a few ways using cannabis may affect your premiums:

  • How often you use cannabis. Frequency can be a huge determining factor, especially for recreational use. Heavy use will likely increase your premiums more than occasional or experimental use.
  • Why you use it. Medical use is considered to be less of a risky behavior overall by several providers, but calls into question what it’s treating. A mix of prescription cannabis paired with opioids is likely going to be evaluated more harshly than just the medicinal cannabis.
  • Any conditions you’re treating with cannabis. Cancer or multiple sclerosis will be weighed more seriously than appetite loss on the scale of conditions cannabis is used to treat.
  • How you consume cannabis. Smoking will likely be evaluated more harshly than edibles or vaporizers by some providers.
  • Other risk profile factors. DUI and DWI offenses on your record along with frequent alcohol use, substance abuse and psychiatric conditions affect how your cannabis use is seen by some insurers.

Do edibles count?

Yes, most life insurers will require you to note any use of products containing THC on your application, even if you don’t smoke it. Life insurers still consider any marijuana consumption a slight risk, but you might see lower rates than smokers.

Bottom line

Use of cannabis won’t get your application dismissed out of hand with several providers. Make the effort to compare insurers carefully to get the best premiums and reduce the chance of being considered a smoker. You may not be able to get a nonsmoker rate, but that doesn’t mean you’ll be denied altogether.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site