1. 10968 POINTS
    Tim Wilhoit
    Owner, Your Friend 4 Life, Brentwood TN
    Life insurance companies do not usually test for rag weed, chick weed or dandelions. However, they do test for THC which is the active ingredient in marijuana. I cannot speak to new underwriting stipulations in states like CO where recreational use is now legal, but in TN where it is illegal a person will have some issues.
    It is tested through a paramed exam with blood and urine samples taken.
    Answered on June 12, 2014
  2. 5082 POINTS
    J Paul Wilson CFP, CHFC
    Certified Financial Planner, JPW Insurance Retirement Investments, Halifax, Nova Scotia, Canada
    In Canada, they do test for the active ingredient in marijuana. Typically through bodily fluids such as blood and urine.

    Any presence used to be a decline. Now recreational marijuana users are considered at the same rate as cigarette smokers by many companies. Heavy users are often rated or declined.

    It is very important that you are truthful when you complete your application for insurance to avoid problems at claim time.

    An independent life insurance broker, who represents several companies, can help you find the right policy at the right price.

    If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.

    If you would like to work with a local life insurance broker, you could start with a Google search. For example, if you search for: life insurance broker Halifax or life insurance agent Halifax, my name, along with several others, will come up. You can use the same method to find a life insurance broker in your community.
    Answered on June 12, 2014
  3. 21750 POINTS
    Jim Winkler
    CEO/Owner, Winkler Financial Group, Houston, Texas
    That is an excellent question! It will be interesting to see how the life insurance companies treat the drug use now that it is becoming legalized. I'd guess that they won't move much on the issue, since impairment increases risk, whether it is pot or prescription pain killers. But yes they test, on larger policies, and on the smaller policies there is a question or two usually about drug use. If your demise comes as a result of smoking, and you'd checked the boxes no, I'd expect your claim to be denied, especially if it is illegal where you live. Most companies will deny the payout if your untimely demise is a result of the commission of a crime. Thanks for asking!
    Answered on June 12, 2014
  4. 4249 POINTS
    Gary Lane
    President, Lane Independent Agency, Southern California
    Absolutely. Yes, they test your blood and check for all medications you may be on, even if they are prescribed. They do this to verify the status of your health. If you are taking the drug for an ailment, they want to know about that ailment. If you take it for no such ailment, even where the drug may be legal over the counter, they want to know about it. Thank you. GARY LANE.
    Answered on June 12, 2014
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