Life Insurance for Imdur 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 Imdur or its generic form Isosorbide Mononitrate to help prevent chest pain (angina) in patients who have been previously diagnosed with certain pre-existing heart conditions.
Imdur may also be prescribed to some individuals to help them deal with esophageal spasms.
Questions that will be directly addressed will include:
- Can I qualify for life insurance after I’ve been prescribed Imdur?
- Why do life insurance companies care if I’ve been prescribed Imdur?
- 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 Imdur?
Yes, some individuals who have been prescribed Imdur can often qualify for a traditional term or whole life insurance policy. However, we should note that because Imdur is not a medication that is commonly prescribed to folks who don’t suffer from some serious pre-existing medical conditions which most life insurance companies are going to be really concerned about it’s presence is certainly going to sound off a few “alarm bells” during the underwriting process of your life insurance application.
Why do life insurance companies care if I’ve been prescribed Imdur?
Insurance companies “care” if you’ve been prescribed Imdur because it is a prescription medication that is primarily used to help folks avoid suffering from chest pain or angina. Which is certainly a condition which will peak the interest of any life insurance underwriter however when it comes to Imdur specifically, most life insurance underwriters will be even more intrigued because Imdur is typically reserved for patients that are suffering from angina in addition to having been previously diagnosed with some other kind of heart disease such as coronary artery disease or heart failure.
We should also…
Note that Imdur is also used to help some folks who suffer from esophageal spasms as well. This will be something that a life insurance underwriter will want to know about because if this is the only reason why you have been prescribed Imdur and you don’t also suffer from angina or other heart related condition, there is a good chance that you Imdur prescription won’t play such a deciding factor in the outcome of your life insurance application.
Which is why…
Most life insurance underwriters won’t make an immediate judgement about your life insurance application solely based on the fact that you’ve been prescribed Imdur without first asking you a series of questions about your prescription and the underlying medical condition which it is being used to treat.
What kind of information will the insurance companies ask me or be interested in?
Common questions you’ll likely be asked may include:
- When were you first prescribed Imdur?
- Who prescribed your Imdur? A general practitioner or a specialist?
- Why have you been prescribed Imdur? Was it to treat angina, or was it to treat for a spasmatic esophagus?
- Have you ever been diagnosed with heart disease?
- Have you ever suffered from a heart attack or stroke?
- In the past 2 years have you been hospitalized for any reason?
- Are you taking any other prescription medications?
- Have any of your prescription medications changed in any ways within the past 12 months?
- What is your current height and weight?
- Have you used any tobacco or nicotine products in the past 12 months?
- 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?
This is a really tricky question to try an answer because individuals who have been prescribed Imdur can often qualify for such a wide range of possibilities. For example, for those who are using their Imdur to treat a spasmatic esophagus, there’s a really good that their Imdur isn’t going to play a role in the outcome of their life insurance application.
If they were able to qualify for a Preferred rate for their life insurance PRIOR to being prescribed Imdur chances are they’ll be able to qualify for a Preferred rate AFTER having been prescribed Imdur. Which certainly makes like a whole lot easier for everyone involved.
Where we run…
Into trouble is when an individual is using their Imdur to treat a case of angina because most of the time when a doctor chooses this medication over another that can be used to treat angina it’s usually because of some additional cardiac complication. In cases like these, it may still be possible to qualify for a traditional life insurance policy only now we probably only going to be able to qualify for a “higher risk” rate.
The good news is…
That here at IBUSA, we have a ton of experience helping folks with all sorts of pre-existing medical conditions qualify for quality, affordable term and whole life insurance policies and aren’t afraid to take on a challenge when it looks like an individual has a “reasonable” chance at being able to qualify for coverage with a certain life insurance company! Which brings us to the last topic that we wanted to take a moment and discuss here today 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!