Life Insurance for Lescol 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 Lescol or its generic form Fluvastatin to lower one’s cholesterol and triglyceride levels. Lescol has also been found to be helpful in preventing or minimizing the hardening of arteries commonly associated with atherosclerosis.
Questions that will be directly addressed will include:
- Can I qualify for life insurance after I’ve been prescribed Lescol?
- Why do life insurance companies care if I’ve been prescribed Lescol?
- 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 Lescol?
Yes, individuals who have been prescribed Lescol 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 rating! That said however, because Lescol is a prescription medication that is used to treat folks who have been diagnosed with high cholesterol, most life insurance companies are going to want to know more about “when” you were first prescribed Lescol and if there were any signs or symptoms of a larger cardiovascular issue as well.
Why do life insurance companies care if I’ve been prescribed Lescol?
For the most part, any time an individual is prescribed a medication most life insurance companies are going to take at least a “passing interest” in why it has been prescribed. Now take that fact and add to it that Lescol is a prescription medication used to help folks lower their cholesterol and triglyceride levels and you’re sure to attract a “bit” more attention.
That not the “main” reason why a life insurance company is really going to be interested in the fact that you’ve been prescribed Lescol. What’s really going to attract the attention of most life insurance underwriters about the fact that you have been prescribed Lescol is the fact that in addition to lowering one’s cholesterol and triglyceride levels, it can also be used to folks who have been diagnosed with atherosclerosis improve their situation.
This is why…
Prior to being approved for a traditional term or whole life insurance policy, what you’re likely going to find is that most life insurance underwriters are going to want to know a little bit more about your Lescol prescription and whether or not you’ve also been diagnosed with atherosclerosis.
What kind of information will the insurance companies ask me or be interested in?
Common questions you’ll likely be asked during the underwriting process may include:
- When were you first prescribed Lescol?
- Who prescribed your Lescol? A general practitioner or a cardiologist?
- Why were you prescribed Lescol?
- Have you been diagnosed with atherosclerosis?
- Aside from being diagnosed with high cholesterol, have you been diagnosed with any other “kind” of cardiovascular disease?
- Have you ever suffered from a heart attack or stroke?
- How often do you see your primary care physician?
- Are you taking any other prescription medications?
- In the past 12 months, have any of your prescription medications changed in any way?
- 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?
The good news about most prescription medications that are used to help an individual lower their cholesterol or triglyceride levels is that when used purely for this purpose most will not affect your chances at being able to qualify for a Preferred rate.
Which means that…
If you are a healthy individual who has simply been diagnosed with high cholesterol in the past but are now using a prescription medication like Lescol to help manage this pre-existing medical condition you still ought to be able to qualify for a Preferred rate assuming that your cholesterol levels are safe and healthy now and you don’t suffer from any other pre-existing medical conditions.
That said however…
Once you add a few other conditions such as:
- High blood pressure,
- A previous heart attack or stroke,
- An unhealthy height to weight ratio,
Or tobacco use, all bets are off with regards to what “kind” of rate an individual will be able to qualify for. But in truth, in cases like these, one’s Lescol prescription isn’t going to be what determines one’s rate, it’s going to be a combination all of all these other “health factors” that will ultimately decide the outcome of your life insurance application.
The good news is…
That we at IBUSA, we have plenty of experience helping folks with all sorts of pre-existing medical conditions find quality life insurance policies at an affordable price mainly due to the fact that we choose to work with so many different life insurance companies!
Which brings us to the last topic that we wanted to take a moment and discuss with you 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!