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On the Money: The improbable is more likely than you think

How you could save €60,000 if you quit smoking today

How you could save €60,000 if you quit smoking today Reporter: );   ); A smoker could pay anywhere from €6,000 to €60,000 than their non-smoking counterpart for life assurance according to figures released today by Royal London. Experts at the leading protection specialist say that many policyholders are unaware of the significant cost savings that can be made on their life insurance premiums if they have given up smoking – with non-smokers benefiting from a reduction in premiums of up to around 50%. Royal London is highlighting the issue now as this is a time when many smokers make it their New Year’s resolution to give up smoking once and for all and, after the expense of Christmas, they believe it comes as welcome news to anyone who has successfully managed to quit since January 2020 or before, that this year their life insurance premiums may be reduced dramatically.

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