Prudential to Increase Life Insurance Rates for People Who Vape

Insurance company Prudential announced it will classify people who use e-cigarettes as smokers when calculating life insurance rates, CBS News reports. Previously, the company charged smokers more than people who used e-cigarettes, the article notes.

“Increased attention on vaping over the past few months and linkages to a few deaths and multiple illnesses, have resulted in warnings from the FDA, federal government and some states banning the use of flavored e-cigarettes,” a company spokesman told CNBC.

Other life insurance companies that provide a discount to people who vape include Global Atlantic Life, MassMutual and United of Omaha, according to CBS News.