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 Cosopt (or its generic form, which consists of Dorzolamide and Timolol) to help reduce ones internal eye pressure caused by either glaucoma or ocular hypertension.
Questions that will be directly addressed will include:
- Can I qualify for life insurance after I’ve been prescribed Cosopt?
- 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 Cosopt?
Yes, individuals who have been prescribed Cosopt in the past can and often will be able to qualify for a traditional term or whole life insurance policy. In fact, having been prescribed Cosopt really shouldn’t play a role in the outcome of your life insurance application. This is why many Cosopt users may be able to qualify for a no-medical exam term life insurance policy at a Preferred rate!
That is, of course…
That you’re not actually suffering from any “serious” impairment as a result of the underlying medical condition that has caused you to be prescribed Cosopt in the first place. You see, while being diagnosed with glaucoma or ocular hypertension on it’s own isn’t something that most life insurance underwriters are going to spend a HUGE time worrying about. Having an “insured” slowly go blind due to not properly treating their ocular hypertension or glaucoma is certainly not something they will be concerned about.
This is why, some insurance underwriters (but not all) might want to ask you a few questions about your Cosopt prescription before making any definitive decision about the outcome of your life insurance application.
What kind of information will the insurance companies ask me or be interested in?
Common questions you might be asked about your Cosopt prescription may include:
- When were you first prescribed Cosopt?
- What symptoms (if any) have you experienced as a result of having increased ocular pressure?
- How often do you see your optometrist?
- Has your underlying medical condition caused you to suffer from any vision loss?
- 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?
Typically, what you’re going to find is that unless you’re suffering from some serious consequences of increased ocular pressure, most life insurance companies are not going to consider having been prescribed Cosopt as a factor in the outcome of your life insurance application. Or, in other words, if you were able to qualify for a Preferred Plus rate class PRIOR to being prescribed Cosopt, you should still be able to qualify for a Preferred Plus rate class AFTER having been prescribed Cosopt. This brings us to the last topic that we wanted to take a moment and 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 they 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.
You see, 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 families.
Now, will we be able to help out everyone who has been prescribed Cosopt?
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. This way 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!