This Wednesday, October 17, 2018, recreational use of cannabis became legal in Canada. We are the second country in the world to legalize marijuana and insurance companies have been preparing for this day by adjusting their underwriting guidelines to adapt to these new changes.

Do you know how your use of marijuana will affect your insurance application? Read below for some guidelines!

If you are an occasional marijuana smoker, most insurers will consider you a non-smoker for insurance purposes. This is a big change from previous guidelines, where usually any amount of marijuana consumption/use would result in a decline. Under the new rules, depending on the insurance company, the amounts and frequency allowed in order to qualify as a non-smoker will differ.

It’s important to note that if the frequency and amount of marijuana are above the non-smoking thresholds set by the company you may be rated, which means your premium will increase. If the amount and use is excessive, you may still result in a decline of your application.

Remember, when it comes to insurance, it doesn’t just depend on whether you are a marijuana smoker or not, it depends on your health, so if your health doesn’t qualify for the coverage, it won’t matter whether you use cannabis or not!

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