Life insurance for Alphagan users.
In this article, we wanted to take a moment and try and answer some of the most common questions we get from folks applying for life insurance after they have been prescribed Alphagan or its generic form Brimonidine to treat one of either two conditions including:
- Topical redness caused by rosacea,
- Or increased eye pressured caused by either open-angle glaucoma or ocular hypertension.
Questions that will be directly addressed will include:
- Can I qualify for life insurance after I’ve been prescribed Alphagan?
- Why do life insurance companies care if I’ve been prescribed Alphagan?
- What kind of information will the insurance companies ask me or be interested in?
- What rate (or price) can I qualify for?
- What can I do to help ensure that I get the “best life insurance” for me?
So, without further ado, let’ dive right in!
Can I qualify for life insurance after I’ve been prescribed Alphagan?
For most individuals, the fact that you have been prescribed Alphagan should play no role in the outcome of your life insurance application. This is because unlike many other “modern” medications, Alphagan is typically only prescribed to treat one or two different medical conditions, neither or which are considered much of a risk to most life insurance underwriters.
Why do life insurance companies care if I’ve been prescribed Alphagan?
In general, most life insurance underwriters aren’t really going to be all that concerned with the fact that you have been prescribed Alphagan. Sure, they will take notice of it when it appears on one’s prescription medication report that is commonly ordered when someone applies for a traditional life insurance policy, but other than that, they’re really not going to be too concerned about it.
What they will do however…
Is ask you a series of questions to see if there might be some “other reason” why you may not be a good risk for them to insure. And in some cases, these “questions” may lead them back into wanting to know a little be more about why you have been prescribed Alphagan.
What kind of information will the insurance companies ask me or be interested in?
Questions that most life insurance companies may ask that could make them wonder a little bit more about your Alphagan prescription would most likely center around whether or not your open-angle glaucoma or ocular hypertension has caused any significant damage to your vision.
Most life insurance companies won’t just come out and ask an individual about their vision in cases like these, instead, they’ll look for signs that your vision may be impaired. Signs such as:
- Do you currently hold a valid driver’s license?
- Do you currently drive?
- In the past 12 months have you had any issues with your driver’s license? Issues such as multiple moving violations, a DUI or a suspended license?
- Are you currently working now?
- In the past 12 months, have you applied for or received any form of disability benefits?
What rate (or price) can I qualify for?
Now assuming that you’re not currently going blind as a result of your pre-existing medical condition and that you’re not currently receiving any kind of disability benefits as a result of your condition, in general, what we have found is that assuming you would otherwise be eligible, you should still be considered eligible for either a Preferred or Preferred Plus rate!
“Which is great!”
We should point out that there are a lot of factors that come into play when determining what “kind” of “rate” an individual may or may not be able to qualify for. And while it may seem like one’s Alphagan may be the only “issue” you might have on your life insurance application, the truth is something that you never even considered may be the TRUE determinant of what rate you ultimately end up qualifying for.
Which leads us to the next topic that we wanted to take a moment and discuss here today which is…
What can I do to help ensure that I get the “best life insurance” for me?
Because life insurance companies tend to use a lot of “random” factors in determining who the will and won’t insure, and at what price, we here at IBUSA have found that the “best” way for us to be able to ensure that our clients are able to find the “best” life insurance policy that they can qualify for is to be sure to know our STUFF and offer a TON of options.
By only employing true life insurance professionals who have tons of experience helping folks with all sorts of pre-existing medical conditions and then providing them with tons of options to offer their clients, we here at IBUSA truly do offer a one stop shop for folks looking to protect their family.
Which is why…
Our advice to anyone looking to purchase a life insurance policy is to be sure that the insurance agent that they choose to work with is truly an expert and that he or she has dozens of options for you to consider, because even if they are the greatest life insurance agent in the world, if they don’t have access to the “best” life insurance policy for you what good is that going to do you?
What are you waiting for? Give us a call today and let us earn the right to protect your family today!