Male   Female
  • How heavy drinking impacts life insurance premiums
  • March 26, 2014
  • How heavy drinking impacts life insurance premiums

    By LifeQuotes.com

    From a life insurance perspective, alcohol consumption can have both its good and bad points with the key being moderation.

    On one hand, researchers have found that having a glass of wine or beer on a regular basis can help lower one’s risk for a number of serious medical conditions.

    Conversely, heavy drinking can significantly impair one’s health and life expectancy, while also potentially increasing their chances of being involved in a significant car crash.

    A recent Gallup poll concluded that American’s drinking habits held steady in the past year, with 66 percent saying they consume alcohol and drinkers consuming just over four alcoholic beverages per week, on average. Beer continues to be American’s preferred drink, although wine remains a close second, with liquor favored by 22 percent.

    While only 12 percent of drinkers reported consuming eight or more drinks during the week – averaging more than one per day – Gallup finds 22 percent of all drinkers say they sometimes drink too much. This is up from 17 percent last year.

    Those who believe their alcohol consumption could be undermining their health have numerous reasons to try to cut back as long-term alcohol abuse can lead to serious liver damage.

    Eventually, excessive alcohol use will not only harm one’s liver but could lead to a number of other chronic medical conditions.

    Individuals with a history of alcohol abuse will be forced to pay higher medical and life insurance premiums, as they are categorized ‘high risk’. So, if you are considering purchasing a life insurance policy, it is advisable to cut back on your alcohol consumption.

  • Category: Articles Library, Life Insurance, More news, Videos

Leave a Reply

Archives

Please Add Footer Left widgets
About Us  |   Contact Us  |   Press Releases  |   The Best Privacy Policy  |   Life Insurance  |   Careers
For Agents & Brokers  |   Site Map  |  


Copyright ©1984-2018 Life Quotes, Inc., 8205 South Cass Avenue, Suite 102, Darien, Illinois. Life Quotes, Inc. and certain of its personnel are licensed as insurance agents, brokers or producers in all states. CA agent #0A13858, LA agent #200696, MA agent #333509159. dba Life Quotes Insurance Services in CA under agent #0827712, in LA under agent #205078. dba Life Quotes Insurance Services, Inc. in UT under agent #90093. All rights reserved. Telephone (630) 515-0170. Founded 1984.
10.1.1.93