How to control Passive Smokers?

Should Health Insurance Premium be adjusted?

Sometimes you come across interesting facts in publications. Economics Times Wealth August 18-24, 2013 has carried the following information

56% is the difference between the premium of a smoker and a non-smoker for a life insurance policy. The question before us is:

If Life Insurance Industry penalizes a person by 56% then what is the figure for Health Insurance? Why not penalize family members / colleagues who are passive smokers and are being compelled to smoke? May be this will result in reduction of smokers in our country.

25.46% Growth in New Business of Life insurance industry during 2009-10

25.46% Growth in New Business of Life insurance industry during 2009-10.

The life insurance industry recorded 25.46 per cent increase to touch Rs 1,09,290 crores during the year 2009-10


Private players registered 12.43 per cent growth in the new business premium while state-owned Life Insurance Corporation of India (LIC) posted 33.87 per cent increase in new business income during the year.


SBI Life has emerged the largest private sector insurer in terms of new business premium by overtaking ICICI Prudential.Incidentally this was the year when Shika Sharma left ICICI Pru.