Marijuana users, who can now buy the drug without fear of arrest in some U.S. states, can also get life insurance without facing a smoker penalty -- if they shop carefully.
Among insurers with policies in place for marijuana users, 29 percent classify them as nonsmokers, according to a survey by a U.S. unit of Munich Re. One-fifth of life-insurance companies don't have official policies in place, the reinsurer found.
Marijuana has long been treated by authorities as more dangerous than tobacco. That has been changing, with more than 20 U.S. states allowing the drug for medicinal purposes. Voters in Alaska, Colorado, Oregon and Washington state approved recreational use. Although the science is conclusive on cigarettes shortening life expectancies, underwriters don't have as much to go on when assessing the risks of covering marijuana users. Read more at the Northwest Arkansas Democrat-Gazette....
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