Let’s be honest, cannabis consumers have spent years hiding. The stigma, the fear of judgment, the outdated policies, it all taught us to keep quiet. The phrase, “coming out of the green closet” is pretty popular these days. But when it comes to insurance, lying about cannabis use can cost you more than you realize.
The Real Problem With Lying.
When you apply for life insurance (or any type of policy that asks about your health and lifestyle), you’re entering into a legal agreement based on what’s called utmost good faith. Both you and the insurance company agree to tell the truth.
If you answer “No” when asked about cannabis use, but your records or test results show otherwise, that’s called material misrepresentation. And it gives the insurer the right to:
Imagine your family discovering your policy won’t pay out because you weren’t upfront about something as common as cannabis use. That’s not a small mistake. That’s a loss of financial protection and legacy.
You Don’t Need to Hide Anymore.
The good news? The insurance landscape has evolved. There are cannabis-friendly insurance companies that understand the difference between responsible use and risk.
Some carriers now treat cannabis use similarly to alcohol or nicotine, depending on your health and lifestyle. Admitting that you consume doesn’t automatically mean higher premiums or a declined policy. In fact, honesty helps your advisor connect you with companies that align with your reality, not the old stigma.
Honesty Gets You Better Coverage.
Being open about cannabis use allows your broker or agent to:
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Match you with insurers who don’t discriminate against cannabis consumers.
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Help you qualify for living benefits and cash value policies that build long-term wealth.
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Protect your family, your business, and your peace of mind.
You deserve coverage that reflects who you are today, not who you had to pretend to be.
The Bottom Line.
Lying on your insurance application isn’t just risky, it’s unnecessary. The industry is catching up with the times, and more companies are ready to work with responsible cannabis users.
If you’re serious about protecting your future, do it the right way, honestly and strategically. Work with a licensed professional who understands the cannabis industry and knows which companies are truly cannabis-friendly.
Originally published on UpInYears.life.
