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Buprenorphine is one of those medications which when discovered on a prescription medication database check during a routine life insurance application, most if not all fully underwritten term or whole life insurance policies will consider its CURRENT use as a “disqualifying” event for coverage if it is being used to help treat an opioid addiction problem (or in other words, your life insurance application will be immediately denied).
That being said however, because Buprenorphine can also be used to manage pain, those who are using Buprenorphine for these reasons may still be eligible for coverage, they should just be prepared to answer a series of questions about their Buprenorphine usage.
Buprenorphine is a semisynthetic opioid derivative of thebaine that is used to treat opioid addiction and to control moderate acute pain in non-opioid-tolerate individuals as well as to control moderate chronic pain in even smaller dosages.
National Opioid Overdose Epidemic.
According to the American Society of Addiction medicine, drug overdose is one of the leading causes of accidental death in the US, with just over 47,000 deaths in 2014 alone!
Which is why…
You’re going to find that most (if not all) life insurance companies are going to immediately deny anyone coverage who is currently using Bupreorphine or has been recently prescribed Buprenorphine to treat either an addiction to opioids or treat an accidental overdose.
What if I’m not using Buprenorphine anymore or I’m simply using it to manage pain, not addiction?
Now if you’re no longer taking Buprenorphine (and are no longer using or abusing any illegal or prescription medications) or you’ve been prescribed Buprenorphine to treat for pain, you may now be eligible for a traditional term or whole life insurance policy, however, the insurance companies are going to want to ask a lot of questions about your previous drug use prior to offering you coverage.
Questions insurance companies will ask to learn more about your addiction problems/drug use and/or pain issues.
- When were you first prescribed Buprenorphine?
- How long did you take Buprenorphine?
- Who prescribed your Buprenorphine?
- Over the past 12 months has your Buprenorphine prescription changed (pain management)?
- What types of drugs/medications (if any) were you addicted to?
- Did you attend a rehab center?
- Were you ever hospitalized due to your drug use or pain issues?
- Do you have any residual medical issues due to your drug use?
- Have you suffered from any relapses?
- Are you currently working now?
- In the past 12 months have you applied for or received any form of disability benefits?
- Do you have any issues with your driver’s license?
- Have you ever been convicted of a felony or misdemeanor?
Now with these answers in hand, the insurance companies will generally have a pretty good idea about what type of life insurance policies you will and won’t be eligible for.
Now it should be noted…
That not everyone is really looking to purchase a large life insurance policy. Many folks would simply like to purchase a small policy that would be able to coverage the cost of their final expenses.
The good news is that…
For these folks who aren’t looking for a larger life insurance policy and would be completely satisfied with about $25,000 dollars in coverage, assuming that they are over the age of 45, there should be plenty of options for them to choose from that won’t require them to answer any questions about their current state of health or their current or prior drug use.
Now these policies…
Will have certain “clauses” and “exceptions” that you should become aware of (please see Top 10 Best Burial Life Insurance Companies) but the important take away should be this….
“If you’re over the age of 45 and you only want about $25,000 in coverage, you should have plenty of options.”
So, what are you waiting for? Give us a call today and see what we can do for you!