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 Rozerem or its generic form, Ramelton to treat one’s insomnia

Questions that will be directly addressed will include:

• Can I qualify for a traditional life insurance policy after I’ve been prescribed Rozerem?
• Why do life insurance companies care if I’ve been prescribed Rozerem?
• 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’s dive right in!

Can I qualify for a traditional life insurance policy after I’ve been prescribed Rozerem?

Because Rozerem is only used to help folks who have been diagnosed with insomnia, what you’re typically going to find is that its prescription shouldn’t have any kind of “negative” effect on your life insurance application. This means that, in theory, you should still be able to qualify for a Preferred or Preferred Plus rate.  That is, of course, assuming that you would otherwise be able to qualify for such a rate despite having been diagnosed with insomnia and despite being prescribed Rozerem.  This begs the question…

“If having been diagnosed with insomnia isn’t going to affect the outcome of my life insurance application, and having been prescribed Rozerem isn’t going to affect my application either, why do insurance companies care about it?”

Why do life insurance companies care if I’ve been prescribed Rozerem?

At the end of the day, insurance companies aren’t really worried about the fact that you’ve been prescribed Rozerem.  In fact, because Rozerem is one of the few “non-addictive” prescription medications one can use to treat insomnia, using it can actually be viewed as a “positive,” especially given what some of the alternatives might be.

But this is also why…

Seeing Rozerem “pop up” on one’s life insurance application can and often will make a life insurance underwriter wonder about how “serious” your insomnia is and whether or not you may one day need or be prescribed one of these “other” prescription medications, which can on occasion be abused by some. For this reason, if you have been prescribed Rozerem, don’t be surprised if you find that your life insurance underwriter might want to ask you a few questions about your Rozerem prescription and your insomnia diagnosis.

What kind of information will the insurance companies ask me or be interested in?

Common questions that you might be asked about your insomnia and Rozerem prescription might include:

• When were you first diagnosed with insomnia?
• How long have you been “treating” your insomnia with prescription medications?
• Is Rozerem the only prescription medication that you’re using to treat your insomnia?
• When were you first prescribed Rozerem?
• Were you taking any other prescription medications to treat your insomnia prior to using Rozerem?
• How often do you take your Rozerem?
• Is your Rozerem prescription effective?
• In the past 12 months, has your Rozerem prescription changed in any way?
• Do you have any history of drug or alcohol abuse?
• 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?

As we’ve stated before, because insomnia isn’t really a medical condition that most (if not all) life insurance companies are going to be all that worried about, and because Rozerem is one of the “safest” medications to use to treat it, in theory, you should still be considered eligible for a Preferred or Preferred Plus rate.

“Which is great!”

And you may be thinking, then, why all the fuss, IBUSA? This is a good question and one that we’ll simply answer by saying the “fuss” is because we here at IBUSA always want our clients to be fully aware of how “applying” for life insurance “works” and why it’s important to take your time when applying for coverage. Sometimes, little things like taking Rozerem for one life insurance company could be an “issue” while for another insurance company, it might not.

And by issue…

We just mean that it could mean only qualifying for a Preferred rate vs a Preferred Plus!  This brings us to the next topic that we want to cover here in this article, which is…

What can I do to help ensure that I get the “best life insurance” for me?

Probably the most important thing you can do on your end is first to make sure that you’re working with a true-life insurance professional who will advocate for you.  Agents like this will not only help guide you through the application process but also check with a few life insurance companies prior to applying for coverage just to make sure that something as “insignificant” as a prescription for Rozerem won’t “automatically” prevent you from being able to qualify for the absolute best rate available.

From there…

You’ll also want to make sure that he or she 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?

Now, if your agent does…

Have access to dozens of different life insurance companies, you’ll be able to “shop” your options with multiple insurance companies which in our experiences usually helps increase one’s chances for success.

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” for you as well as helping him or her determine “which” life insurance company will most likely provide you with the best opportunity for success!

So, what are you waiting for?  Give us a call today and see what we can do for you!