| When you take into account the extra costs of your | | | | This found that the average smoker paid 56% more |
| life insurances, smoking costs more than you think. | | | | for life insurance than a non-smoker. Therefore, |
| This article spells out the costs and what the money | | | | giving up could easily save you £50 per month on |
| could achieve if invested
.. or what it could | | | | your various insurance premiums. |
| buy! | | | | So as a non-smoker you could be £2,400 per year |
| Sorry to remind all you died in the wool smokers but | | | | better off. Wearing a financial hat I can show you |
| November was Lung Cancer Awareness month. But | | | | that if a 40 year old man put those savings into a |
| no don't click away — spare a few moments | | | | personal pension plan with NFU, then at 5% per |
| of your time, please
.. | | | | annum growth, he'll have a healthy retirement fund |
| If hard words on packets wash over you, let me put | | | | of £97,860. On retirement that could give an in the |
| the financial case to you for quitting. As well as | | | | pocket tax-free sum of £24,465, plus an annual |
| feeling healthier I can offer you a holiday for two on | | | | lifetime income of £3,830 (or £5,100 per year if |
| Paradise Island in the Maldives, for two, for every | | | | the tax-free cash was left in the pension). |
| year of your longer life!! | | | | On the other hand let's have more fun! |
| OK, I know you don't believe me. Let's explain. | | | | For £2,400 you can have a 5 star 10 day holiday |
| Say the average smoker is 40 and smokes 20 a day. | | | | for two on Paradise Island in the Maldives. Give up |
| With cigarettes at £5 a packet that's £1,800 a | | | | smoking forever and you could afford to go back to |
| year. Then you'll save loads on the cost of your your | | | | Paradise Island every year! |
| life, critical illness and medical insurance. Just how | | | | QED — makes you think doesn't it? |
| much was highlighted in a recent snapshot study by | | | | |