Life Insurance for Estradiol users.
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 Estradiol or one of the common name brands that it is sold under including:
And Yuvafem to help treat symptoms caused by menopause or the removal of the ovaries. Estradiol has also been found to be useful in treating prostate and breast cancer as well as prevent osteoporosis as well.
Questions that will be directly addressed will include:
- Can I qualify for life insurance after I’ve been prescribed Estradiol?
- Why do life insurance companies care if I’ve been prescribed Estradiol?
- 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 Estradiol?
Yes, individuals who have been prescribed Estradiol in the past 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 Preferred rate. The problem is that because Estradiol is a prescription medication that can be used to treat a wide variety of pre-existing medical conditions, most (if not all) life insurance companies are going to want to know a little bit more about “why” you’ve been prescribed Estradiol prior to making any kind of decisions about the outcome of your life insurance application.
Why do life insurance companies care if I’ve been prescribed Estradiol?
Life insurance companies “care” if an individual has been prescribed Estradiol because aside from just helping some women cope with normal changes associated with menopause, it can also be used to help treat/combat certain types of cancers.
Depending on when an individual has been prescribed Estradiol (think younger folks), it’s presence on a life insurance application could be signs of some other “type” of pre-existing medical condition which a life insurance company will certainly want to fully understand prior to making any kind of decisions about the outcome of your life insurance application. This is why, even though an insurance company may not actually “outright ask” you about your Estradiol prescription, they will ask most certainly ask you a series of questions designed to learn more about your current health and medical history which will likely explain “why” you’ve been prescribed Estradiol and let them (the life insurance underwriter) know if they need to ask additional questions prior to approving (or denying) your life insurance application.
What kind of information will the insurance companies ask me or be interested in?
- How old were you when you were first prescribed Estradiol?
- Who prescribed your Estradiol? A general practitioner or a specialist?
- Why have you been prescribed Estradiol?
- Have you ever been diagnosed with cancer?
- Is Estradiol the only prescription medication that you’re currently taking now?
- Has your doctor recommended any additional treatments or surgical procedures to help you treat your condition?
- Are you currently working now?
- Have you applied for or received any form of disability benefits?
What rate (or price) can I qualify for?
Knowing what kind of “rate” you might be able to qualify for after having been prescribed Estradiol can be a pretty tricky question to answer because the truth is, if you’ve simply been prescribed Estradiol to help you manage common symptoms associated with normal menopause, chances are, most life insurance companies aren’t going to take any notice in the fact that you have been prescribed Estradiol.
Or in other words…
The “rate” that you would have been able to qualify for PRIOR to being prescribed Estradiol would be the same “rate” that you would be able to qualify for AFTER having been prescribed Estradiol. Which is great!
Where we can run into issues is when an individual has either been prescribed Estradiol because they have had their ovaries removed (why?) or when an individual has been diagnosed with either breast or prostate cancer in which case the fact that one has been prescribed Estradiol really won’t be all that important in the big picture simply because it will be the pre-existing medical condition rather than the treatment option which will ultimately dictate the outcome of one’s life insurance application.
Which 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?
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”
So, what are you waiting for? Give us a call today and see what we can do for you!