Life Insurance for Zofran 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 Ondansetron or one of the common brand names that it is sold under including Zofran ODT or Zuplenz to help prevent nausea and/or vomiting.
Questions that will be directly addressed will include:
- Can I qualify for life insurance after I’ve been prescribed Ondansetron?
- Why do life insurance companies care if I’ve been prescribed Ondansetron?
- 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 Ondansetron?
Yes, individuals can and often will be able to qualify for a traditional term or whole life insurance policy after having been prescribed Ondansetron. In fact, some may even be able to qualify for a Preferred Plus!
The only problem is…
That while a lot of folks will be able to qualify for traditional life insurance coverage, having been prescribed Ondansetron in the past will also be a potential “red flag” for a lot of life insurance underwriters which is why you may find yourself being asked a lot of questions about “why” you have been prescribed Ondansetron particularly if you have just recently been prescribed Ondansetron.
Why do life insurance companies care if I’ve been prescribed Ondansetron?
The main reason why life insurance companies are going to “care” if you’ve been prescribed Ondansetron isn’t because it’s a medication that is designed to help folks avoid becoming nauseous or vomiting, it’s because it’s a prescription medication that is often prescribed to folks who are suffering from medical conditions or medical treatments which may cause them to become nauseous!
Conditions such as…
Those that may require one to have to receive chemotherapy or radiation therapy or some kind of surgical procedure which might cause one to feel nauseous immediately following. And as one can imagine, these would all be “issues” that could certainly have an impact on the outcome of one’s life insurance application.
Which is why…
Prior to being approved for a traditional term or whole life insurance policy, it shouldn’t come as a huge surprise that most (if not all) life insurance companies are going to want to know “why” you have been prescribed Ondansetron in the past and just how “serious” your pre-existing medical condition is or was.
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 Ondansetron?
- Who prescribed your Ondansetron?
- Why were you prescribed Ondansetron?
- Are you still taking your Ondansetron?
- What pre-existing medical condition was being treated that warranted your Ondansetron prescription?
- When was the last date of treatment for this underlying condition? If it is still being treated, when do you anticipate no longer needing to receive treatment?
- In the past 2 years, have you been admitted into a hospital for any reasons?
- Are you currently taking any other prescription medications?
- 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?
Basically, what we have found is that in most cases, having been prescribed Ondansetron in the past really isn’t going to affect the outcome of one’s life insurance application because it’s either not going to play a significant role in ones application or in cases where it is being used to help mitigate the negative side affects of chemotherapy or radiation, the underlying pre-existing medical condition is what a life insurance underwriter is really going to care about and not really worry about the fact that you have been prescribed Ondansetron.
So…
If you’ve been diagnosed with cancer or suffer from so other “serious” kind of pre-existing medical condition, that condition will ultimately be what determines what kind of “rate” an individual might be able to qualify for.
And…
For those who have simply been prescribed Ondansetron after having received some kind of surgical procedure which has since been resolved and is not a symptom of some “type” on ongoing chronic medical condition, there is a really good chance that your Ondansetron prescription isn’t going to be a factor in the outcome of your application.
Which brings us to the last topic that we wanted to take a moment and discuss with you 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.
From there…
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?
Lastly…
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!