Does Medical Marijuana Use Affect Your Life Insurance Premium

In recent years, the use of marijuana has become a lot more widely accepted due to its potential therapeutic benefits. With more and more states legalizing its use for medicinal purposes, many people are considering cannabis as an alternative treatment option for health conditions. However, a common question often arises regarding the impact of marijuana on life insurance premiums. This article aims to answer this question by exploring whether using marijuana has any influence on your life insurance rates.

Understanding Life Insurance

Before we delve into how medical marijuana use may affect your life insurance premiums, it’s important to understand the factors that insurance companies consider when determining insurance rates. Generally, life insurance providers take into account an individual’s age, overall health, lifestyle choices (such as smoking or alcohol consumption), and any pre-existing medical conditions that may be present. These factors help insurers assess the level of risk involved in providing coverage to each individual.

Medical Marijuana Insurability

When it comes to medical marijuana use, insurers approach it differently compared to other kinds of drug use. For example, individuals who engage in drug consumption like cocaine or heroin may face higher premiums or even denial of coverage due to the associated health risks and potential for abuse. When it comes to using marijuana, insurance companies consider its relevance in the medical context. This means that if someone is using cannabis as part of their treatment plan for a medical condition and is otherwise healthy, some insurers may be more understanding when assessing their insurability.

Factors to Consider

Several factors are taken into account when determining premium rates for individuals who use marijuana:

  1. Medical Condition: The specific condition being treated with cannabis can affect both insurability and premium rates.
  2. Dosage: Insurers will consider the amount and frequency of marijuana used when assessing risk.
  3. Method of Consumption: The way in which medical marijuana is consumed—whether through smoking, vaping, or edibles—may also be considered by insurers.
  4. Self Disclosure: It is crucial to provide honest information about the use of marijuana during the underwriting process in order to accurately evaluate risk.

Insurance Underwriting Process

During the insurance underwriting process, insurance companies are likely to ask questions to assess how the use of marijuana may impact your coverage. These questions may inquire about the condition being treated, how long it has been used, and any specific recommendations from healthcare professionals regarding its safe and effective usage.

It’s important to note that different insurance companies have varying guidelines for insurance underwriting when it comes to the use of marijuana. When it comes to life insurance, some insurance companies may offer lower rates to individuals who effectively manage their conditions with cannabis treatment. However, there are still insurers who consider people using marijuana as “smokers” for rating purposes, resulting in higher premiums.


While perceptions of marijuana are rapidly changing worldwide, its impact on life insurance premiums is a topic of debate. Insurers are adjusting their underwriting processes to adapt to this evolving landscape. If you use medical cannabis and are considering obtaining a life insurance policy, it’s important to work with an agent who can navigate the complexities of finding the right policy for your needs. Remember that each person’s situation varies depending on factors such as conditions, dosage levels, method of consumption, and insurer preferences. Being transparent during the underwriting process ensures that you receive fair rates based on your specific circumstances. If you’re considering getting life insurance coverage while using marijuana, it’s advisable to seek guidance from an insurance expert. They can provide insights and help you make a well-informed decision by taking into account all the relevant factors.