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 Crestor or its generic form Rosuvastatin which is most commonly used to help folks reduce their cholesterol and triglyceride levels.
Questions that will be directly addressed will include:
- Can I qualify for life insurance after I’ve been prescribed Crestor?
- Why do life insurance companies care if I’ve been prescribed Crestor?
- 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 Crestor?
Yes, individuals who have been prescribed Crestor can and often will be able to qualify for a traditional term or whole life insurance policy. In fact, they may even be able to qualify for a no medical exam life insurance policy at a Preferred rating!
Where things can get…
A bit tricky is when an individual is using Crestor to lower their cholesterol and/or triglyceride levels while also having been diagnosed with some other kind of pre-existing medical condition such as having suffered from a previous heart attack and/or stroke. This is why, prior to being approved for a traditional term or whole life insurance policy, most (if not all) life insurance underwriters are going to want to know a little bit more about “why” you’ve been prescribed Crestor as well as how well it is working to help you manage your symptoms.
What kind of information will the insurance companies ask me or be interested in?
Common questions you’ll likely be asked by a life insurance underwriter about your Crestor prescription may include:
- When were you first prescribed Crestor?
- Who prescribed your Crestor? A general practitioner or a cardiologist?
- Have you ever suffered from a heart attack, stroke or blood clot?
- If so, when?
- Are you taking any additional prescription medications?
- Have any of your prescription medications changed in the past 12 months?
- How well has Crestor been working for you?
- What is your current height and weight?
- In the past 12 months, have you used any tobacco or nicotine products?
- 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 basically, what the above questions are designed to do is help separate those folks who are using Crestor simply to reduce their cholesterol and triglyceride levels absent any other pre-existing medical conditions from those who use their Crestor for the same reasons only with the added complication of having suffered from some other “kind” of medical condition.
They are able to separate those whose Crestor prescription probably isn’t going to make a HUGE difference in the outcome of their life insurance application from those whose Crestor is simply going to be an additional factor that will be taken into consideration when reviewing the underlying cause of why they have been prescribed Crestor.
If you’ve experienced a heart attack or stroke in the past, or your doctor feels that your currently at risk of potentially suffering from a heart attack or stroke, these factors are going to play a much greater role in the outcome of your life insurance application. Which is why we would encourage you to check out one of our articles that specifically focuses on these pre-existing medical conditions so that you get a better idea of what kind of “rate” you might be able to qualify for.
As for those using Crestor for simply lowering their cholesterol and triglyceride levels, what we here at IBUSA have found is that most of the time, if an individual would have been considered eligible for a Preferred rate PRIOR to being prescribed Crestor, chances are they would still be considered eligible for AFTER taking Crestor.
Which leaves us with the last topic that we wanted to take a moment and discuss which is…
What can I do to help ensure that I get the “best life insurance” for me?
In our experience here at IBUSA, what we have found that works best for folks who have been diagnosed with a pre-existing medical condition where the “severity” of the condition is often “subjective” is for the applicant to make sure that they first find a true-life insurance profession who will work as an advocate for you.
Such an agent…
Will not only help guide you through the application process but also be perfectly “frank” with you about what options may or may not be possible for you.
You’ll also want to make sure that the very same agent you have chosen has access to dozens of different life insurance companies because after all, it really doesn’t matter how “great” of a life insurance agent you might have if they don’t have access to the “best” life insurance policy for you! Now does it?
You’ll want to make sure that you’re completely honest with your life insurance agent prior to applying for coverage. By doing so, you will be helping him or her narrow down what options might be the “best”
Now, will we be able to help out everyone who has been prescribed Crestor?
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!