The use or abuse of drugs and other illegal substances will have an impact on your ability to get life insurance, especially if you are currently using drugs at the point that you are applying for cover. Drug abuse life insurance will generally require that you have not actively taken any substances for around 2 years apart from Cannabis which falls under slightly different rules.
Types of substances that will be classified as Drug abuse for life insurance:
There are many other types of drugs that will be classified as high risk for life insurance such as legal highs and any other substances that cause similar affects. Clearly there are additional risks relating to a Drug abuse life insurance applications which is why cover and/or premiums will generally be impacted.
Can a Recovering Drug User Get Life Insurance?
Insurance underwriters will want to see a period without drug use for life insurance which will give them some reassurance that you are not still dependant on illegal substances or still using drugs. The use of drugs in itself is not the main issue when applying for life insurance, the more important factors are the impact that drugs can have on your health, potential for becoming dependant on drugs and possible development of mental illness.
If you have applied for Drug abuse life insurance in the past and cover has been accepted with non-standard terms or you were declined, especially if you are no longer using drugs then you should consider speaking to one of our experts.