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 Elidel or its generic form, Pimecrolimus, to treat one’s atopic dermatitis.

Questions that will be directly addressed will include:

• Can I qualify for life insurance after I’ve been prescribed Elidel?
• 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 Elidel?

Yes, individuals who have been prescribed Eidel in the past or who are currently taking Elidel can and often will be able to qualify for a traditional term or whole life insurance policy because Elidel isn’t a medication that is used to treat a pre-existing medical condition that most (if any) life insurance companies will consider when determining who they will and won’t insure.

This is why we here at IBUSA will often encourage clients who aren’t taking any other prescription medications other than Elidel to first consider applying for a simplified issue life insurance policy so that they can avoid having to take a medical exam prior to getting approved for coverage.

Now our rationale for…

This line of thinking is pretty simple and centers around two main advantages a simplified issue life insurance policy will have over a traditional term or whole life insurance policy.  The first advantage is that by applying for a simplified issue life insurance policy, there is a pretty good chance that you will be approved and fully insured in as little as 24 hours.

The second major advantage of…

Applying for a simplified issue life insurance policy over a traditional life insurance policy is that with a simplified issue life insurance policy, you don’t have to worry about being “diagnosed” with some kind of common pre-existing medical condition by the life insurance company themselves. And before you say…

“I have no problem taking a medical exam; I’m in perfect health!”

We would just ask you, when was the last time you actually had a full physical?  Because we here at IBUSA can tell you firsthand that it is amazing how often folks learn for the first time that they actually do have:

• High blood pressure (hypertension),
• High cholesterol

And/or elevated blood sugar (AKA Type 2 Diabetes) during a life insurance application!

This is very unfortunate because now the price that they are going to have to pay in order to become insured is going to reflect this discovery made during the application process. A discovery that could have been avoided had they simply chosen to apply for a life insurance policy that didn’t require one to have to take a medical exam to be insured.

But…

Don’t think for a second that the insurance companies aren’t going to know a lot about you without actually requiring an individual to take a medical exam.  You see, even if you’re applying for a simplified issue life insurance policy that won’t require a medical exam, there are lots of ways a life insurance company can determine if you’re going to be an acceptable risk or not. Things such as:

• Ordering a prescription medication database check,
• Reviewing your driving record,
• Possibly running a credit check,
• Ordering a criminal background check,

And asking a whole bunch of questions on the actual application itself!

What kind of information will the insurance companies ask me or be interested in?

Common questions you’ll likely be asked regardless of what “kind” of life insurance policy you apply for (traditional vs simplified) will typically look something like the following:

• Gender?
• How old are you?
• What is your current height and weight?
• Have you ever been diagnosed with any pre-existing medical conditions?
• Have you ever suffered from a heart attack or stroke?
• Have you ever been diagnosed with cancer or diabetes?
• Have any of your immediate family members (mother, father, brother, or sister) ever been diagnosed with cancer, heart disease, stroke, or diabetes?
• Aside from Ditropan, what other prescription medications are you taking (if any)?
• Do you have any issues with your driver’s license?
• Do you have any set plans to travel outside of the United States within the next year?
• In the past 12 months, have you used any tobacco or nicotine products?
• Have you ever been convicted of a felony or misdemeanor?
• Do you currently participate in or plan to participate in any dangerous activities or hobbies, such as skydiving, hang gliding, or rock climbing?
• In the past 2 years, have you declared bankruptcy?
• 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?

What you’re generally going to find is that whatever “rate” you would have been able to qualify for PRIOR to having been prescribed Ditropan will be the same “rate” that you ought to be able to qualify for AFTER having been prescribed Ditropan because, for the most part, medications like Detropan which don’t really treat any kind of serious/life-threatening medical conditions will often be ignored during the underwriting process. This segues very nicely into our next topic, 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.

This 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?

So, what are you waiting for?  Give us a call today, and let us earn the right to protect your family today!