An online survey by the Research Unit on the Economics of Excisable products at UCT found that an estimated 800,000 to a million smokers had chosen to end the habit after the ban on the sale of cigarettes during lockdown dragged on for months.
If you gave up smoking when lockdown started and can maintain that until the end of September and beyond, you could save significantly on your life insurance premiums.
To be considered a non-smoker you have to have given up smoking for at least six months and you would have to pass a cotinine test, Lisa Gibbon, divisional executive of onboarding at Liberty, says. Only 9.3% of Old Mutual’s underwritten lives for the first half of this year were smokers. Over the past three years, there has been a reduction of 0.4% in the number of smokers on average per year, he says.
Over the past 10 years, the proportion of smokers has reduced somewhat and in the past few months the company saw an increase in alterations where policyholders changed from smokers to non-smokers, she says.Dr Friedel Kerchhoff, the chief medical adviser at Sanlam, says smoking is the leading preventable cause of death across the world. “Tobacco-related deaths annually number up to six million .
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BOOK REVIEW: ‘Inge’s War’ — collateral damage and silence amid traumaA poignant family history sheds light on the lives of the Germans who fled the Red Army
Read more »
Cape Town gets strict on public smokingCape Town is planning to introduce stricter rules on public smoking to promote a smoke-free lifestyle and workplace.
Read more »
Shared value and premium sustainability: meeting the challenges of a long, healthy lifeSPONSORED | Discovery_SA Vitality Gold and Diamond members live to age 87 on average, which is well above the SA average of 63.5, and among the highest life expectancies in the world. These members are 15 times more likely to live past the age of 100.
Read more »
Rate of STDs in older adults is rising - studySexual intercourse has its ups but beware of diseases like syphilis, gonorrhea and genital herpes.
Read more »
WATCH: Covid-19 business interruption precedent awaitedMichael Avery talks to a panel about the ongoing legal battle for business interruption insurance payouts
Read more »
UIF commissioner placed on precautionary suspensionUnemployment Insurance Fund Commissioner Teboho Maruping has been placed on precautionary suspension.
Read more »