Life Insurance for Avalide users.
In this article, we wanted to take a moment to answer some of the most common questions we get from folks applying for life insurance after they have been prescribed Avalide (or its generic form Hydrochlorothiazide/Irbesartan) to treat help treat their blood pressure levels.
Questions that will be directly addressed will include:
- Can I qualify for life insurance after I’ve been prescribed Avalide?
- Why do life insurance companies care if I’ve been prescribed Avalide?
- 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’s dive right in!
Can I qualify for life insurance after I’ve been prescribed Avalide?
While most life insurance underwriters will take “notice” of the fact that you have been prescribed a prescription medication like Avalide to help you maintain healthy blood pressure, having been prescribed it should not necessarily have any effect whatsoever with the “outcome” of your life insurance application.
This is because…
Assuming that Avalide is doing its job and your blood pressure is under control, most life insurance companies will still consider you “potentially” eligible for a Preferred rate when applying for a traditional term or whole life insurance policy.
Why do life insurance companies care if I’ve been prescribed Avalide?
Since we just stated that most life insurance companies will still consider an individual taking a medication to control their blood pressure levels eligible for a Preferred rate, the obvious question would be then…
“Why do life insurance companies care if I’m using Avalide if it’s not going to affect the outcome of my life insurance application?”
This is a question that makes total sense to have, but one must remember that having been prescribed Avalide probably won’t affect the outcome of your life insurance application. But having been diagnosed with high blood pressure might!
This is why…
Life insurance companies will be interested in the fact that you’ve been prescribed Avalide because it will give them a “clue” as to what questions they may or may not want to ask you about your general health and your elevated blood pressure specifically.
What kind of information will the insurance companies ask me or be interested in?
Many of the questions that an insurance underwriter might ask an individual who has been prescribed Avalide will typically look a lot like questions they would likely ask of anyone applying for a traditional term or whole life insurance policy only this time they’ll focus a bit more about “why” you’ve been prescribed Avalide and whether or not it’s working!
Common questions you’ll likely be asked may include:
- When where you first prescribed Avalide?
- Who prescribed your Avalide? A general practitioner or a cardiologist?
- Are you taking any other prescription medications?
- In the past 12 months, has your Avalide prescription changed in any way?
- Have you ever suffered from a heart attack or stroke?
- Have any of your immediate family members (mother, father, brother, or sister) suffered from a heart attack or stroke?
- What are height and weight?
- In the past 12 months, have you used any products containing tobacco or nicotine in them?
- 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?
You’re generally going to find that if you’ve been taking your Avalide for at least six months, and it’s working, in “theory”, you should be considered eligible for a Preferred rate. Now you’re still going to need to meet all of the minimum requirements to qualify for such a rate. But at the end of the day, having been diagnosed with hypertension and having been prescribed Avalide to treat it shouldn’t factor into the ultimate decision.
If you’re taking Avalide and you’re still struggling to maintain “optimum” blood pressure levels, you should still be considered eligible only now; you may only be able to qualify for a Standard or “sub-standard” rate depending on the circumstances.
Even those with very poorly managed hypertension can and often will be able to qualify for coverage only now they will be considered a “high risk” applicant and will, therefore, be expected to pay quite a bit more for their coverage. And while this is never fun to do, it is still better to pay too much for your insurance than not to be able to qualify for any at all.
For folks who…
Fall into this category, we’ll often advise them to purchase insurance now and then “reapply” once they have their blood pressure under control because at the end of the day, maintaining a healthy body really is the best thing a person can do for their family!
This brings us to the last topic that we wanted to discuss here in this article, 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 can 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.
Now, will we be able to help out everyone who has been prescribed Avalide?
No, probably not. But what we can tell you is that in addition to offering a wide variety of different term and whole life insurance policies, IBUSA has also worked very hard to establish relationships with many of the Best Final Expense Insurance Companies as well.
If someone isn’t able to qualify for a traditional life insurance policy, chances are there may be some other “type” of product that you CAN qualify for.
So, if you’re ready to see what options might be available to you, just give us a call!