Life Insurance for Mesalamine users.
In this article, we wanted to take a moment to answer some of the most common questions we get from folks applying for life insurance after they have been prescribed Mesalamine or one of the following brand names:
- Asacol HD,
To treat and/or prevent possible flare-ups associated with ulcerative colitis.
Questions that will be directly addressed will include:
- Can I qualify for life insurance after I’ve been prescribed Mesalamine?
- Why do life insurance companies care if I’ve been prescribed Mesalamine?
- 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 Mesalamine?
We’ll we’ve got to be honest with you here in that this is a “bit” of a loaded question because the truth is, helping folks who have been prescribed Mesalamine to help treat their ulcerative colitis can certainly be a bit of a mixed bag!
The “severity” of one’s disorder can vary significantly from one patient to another. Now what we can tell you for certain is that if you have been prescribed Mesalamine to treat your ulcerative colitis, you’re not going to be “automatically” denied insurance.
You may even be able to qualify for a no medical exam life insurance policy at a Preferred rate! But before that ever happens, the insurance companies are going to want to learn a lot more about your situation before they make “any” kind of decisions about your life insurance application.
Why do life insurance companies care if I’ve been prescribed Apriso?
Insurance companies “care” if you’ve been prescribed Apriso because, unlike may other “modern” types of medications, Mesalamine is primarily only used to treat ulcerative colitis. And because ulcerative colitis is a pre-existing medical condition, some of the best life insurance companies are going to become a little bit “nervous,” which is why you should be prepared to answer a few questions about your ulcerative colitis during the application process.
What kind of information will the insurance companies ask me or be interested in?
Most of the questions that an insurance company is going to ask you about your Mesalamine prescription and your subsequent ulcerative colitis diagnosis will primarily be designed to learn more about:
- How “serious” your ulcerative colitis is?
- How well is it currently being managed?
- And are you at an increased risk of developing colon cancer in the future?
Common questions you’ll likely be asked to determine the answers to these and other concerns a life insurance company may have can and often will include:
- How old were you when you were first diagnosed with ulcerative colitis?
- Who diagnosed your ulcerative colitis? A general practitioner or a specialist?
- What led you to believe you might have ulcerative colitis?
- What symptoms do you currently suffer from as a result of your ulcerative colitis?
- Is Mesalamine the only medication that you’re currently using to treat your ulcerative colitis?
- Over the past 12 months, have any of the medications that you use to treat your ulcerative colitis changed in anyways?
- Have you ever needed to be hospitalized as a result of your ulcerative colitis?
- Have you been screened or when was the last time you were screened for colon cancer?
- 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?
Here at IBUSA, what we have found is that unless an individual has suffered from really severe symptoms possibly resulting in them having to go to the hospital, most cases will ultimately be labeled either “mild” or “moderate” in which case an individual should be able to qualify for a traditional term or whole life insurance policy.
And in the case…
Of those being labeled “mild”, it may be possible to qualify for a Preferred rate. That said, however, we should warn anyone that has been diagnosed with a “mild” case ulcerative colitis that the most likely outcome will be that scenario will be that they will either qualify for a Standard or Standard Plus rate.
Is by no means the end of the world when you consider the fact that a “Standard” rate is considered “Normal” so, being able to qualify for a “normal” rate after being diagnosed with a pre-existing medical condition like ulcerative colitis isn’t all that bad!
As for those…
Who are clearly suffering from a more severe case of ulcerative colitis, not all hope is lost as you too may still be able to qualify for a traditional term or whole life insurance policy, only now you will need to be much more “selective” with which life insurance company that you choose.
Which brings us to the last topic that we wanted to discuss 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 professional 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 Mesalamine?
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!