Why life insurance could go up in smoke for vapers

Your life insurance could be about to go up in smoke - if you like vaping, that is.

Global reinsurers have stepped up warnings to clients over the dangers of the cigarette alternatives.

That after U.S. authorities said 47 deaths this year were linked to the products.

Companies like Hannover RE and Swiss Re are the people who insure the insurers.

They can refuse to provide cover or raise premiums if their guidance is ignored.

Hannover RE had already told its clients to treat vapers just the same as smokers.

Now it has advised them to take special caution with vapers under 25, after what it called an 'epidemic' of lung injuries.

Swiss Re has told insurers to conduct extra checks on whether vapers are using cannabis products.

The news is another blow to the vaping industry, which has marketed its product as a healthier alternative, and a good way to quit regular cigarettes.

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