In this article, we wanted to take a moment and answer some of the most common questions we get from folks applying for life insurance after they have been prescribed Celebrex (or its generic form Celecoxib) to treat mild to moderate pain commonly caused by:
- Acute pain,
- Menstrual pain,
As well as what one might consider “normal” aches and pains.
Questions that will be directly addressed will include:
- Can I qualify for life insurance after I’ve been prescribed Celebrex?
- Why do life insurance companies care if I’ve been prescribed Celebrex?
- 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 Celebrex?
Yes, individuals who have been prescribed Celebrex in the past or are currently taking Celebrex can and often be able to qualify for a traditional term or whole life insurance policy. In fact, it may even be possible for someone who is currently taking Celebrex to be able to qualify for a no medical exam life insurance policy at a Preferred rate!
Why do life insurance companies care if I’ve been prescribed Celebrex?
Life insurance companies “care” if an individual has been prescribed Celebrex because it is their “job” to do their due diligence during the life insurance application process. And while most (if not all) life insurance companies will become quite nervous anytime someone has been prescribed a prescription pain medication, Celebrex is not one of those “kinds” of pain medications that one would normally consider addictive.
Because Celebrex is considered a nonsteroidal anti-inflammatory drug (NSAID), it’s also a medication that isn’t likely to make most life insurance companies all that worried that it’s being used to treat a “super” serious medical condition. That said, however, because it is a prescription medication, and because it is a medication that is used to help one manage pain, most (if not all) life insurance companies are going to want to know a little bit more about “why” you’ve been prescribed Celebrex before them being willing to decide the outcome of your life insurance application.
What kind of information will the insurance companies ask me or be interested in?
Mainly all a life insurance underwriter is really going to want to know is, if the underlying pre-existing medical condition that is causing you to suffer from pain, one that could worsen in the future and “could” one day become a real concern.
This is why…
Before being approved for a traditional term or whole life insurance policy, you’re likely going to have to answer a series of questions which will probably look something like this:
- Why were you prescribed Celebrex?
- Who prescribed your Celebrex? A general practitioner or a specialist?
- How long have you been taking your Celebrex? How long do you anticipate needing to take your Celebrex?
- Are you taking any other prescription pain medications?
- Do you have a history of drug or alcohol abuse?
- 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?
While it’s true that the pain that an individual may be suffering from may have been severe enough to have required a Celebrex prescription, in general, it’s not generally going to be considered “serious” enough for most life insurance underwriters to get too worried about.
For this reason…
What you’re generally going to find is that unless there is a real concern that you’re current pre-existing medical condition may worsen to the point that it may need additional “types” of pain medications, most life insurance companies will view your current situation as one that would warrant any particular discrimination.
Or, in other words…
If you’ve been prescribed Celebrex in the past or are currently taking Celebrex now, most life insurance companies aren’t going to take it into account when determining what “rate” you might be eligible for.
If you were eligible for a Preferred Plus rate before being prescribed Celebrex chances are, you’d still be eligible for a Preferred Plus rate after having been prescribed Celebrex.
This brings us to the last topic that we wanted to talk about 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 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.
Now, will we be able to help out everyone who has been prescribed Celebrex?
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!