Smokers could save thousands on life cover by quitting cigarettes
Tue, 04 Jan 2011
It seems that many people in Britain who are already struggling with debts may be adding to their problems through poor lifestyle choices, such as failing to give up smoking .

According to new research by Moneysupermarket.com, those who kick the habit will see many financial as well as health benefits. The study found smokers could save more than £9,000 on life cover by quitting cigarettes and the price comparison website is urging people to stop buying the products as part of their New Year resolutions.

It revealed adults in the UK can put aside £9,225 on combined critical illness cover and life cover, or up to £1,725 on a single life insurance policy. Further, an individual could save around £1,547 every year if they decide to go smoke-free, as the average price for a packet of 20 cigarettes is currently £6.29.

Protection expert at Moneysupermarket.com Emma Walker said: "New Year is often the time when people make promises to themselves to be healthier, but kicking the habit would benefit your wallet too."
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