When it comes time to qualifying for a traditional term or whole life insurance while taking Aggrenox, we wish we had a simple answer for you, but we don’t.
And this is because…
Aggrenox is in a group of drugs called salicylates which is used to reduce the risk of stroke in people who have had blood clots and/or a “mini-stroke” (transient ischemic attack or TIA).
Which means, knowing why you’ve been prescribed Aggrenox is really going to decide:
- Whether or not you’ll be eligibility for a fully underwritten term or whole life insurance policy.
- What rate class you may or may not qualify for.
- And which life insurance company might be best for you.
Often times the most difficult part of working with “Aggrenox clients” is in determining what the “official” diagnosis is. Now we say this not because our “Aggrenox client’s” are difficult to work with, because that simply isn’t the case.
The difficulty lies in the nature of “strokes” in general!
Did you suffer from a:
- Major stroke?
- Was it in fact a stroke at all?
- Or are you simply taking Aggrenox in an effort to avoid possibly having a stroke in the future?
These are the types of questions that an insurance underwriter is going to ask, which is why, these are the types of questions that we’ll want to determine before we make any type of determination about which type of life insurance policy is going to be best for you (term life insurance vs whole life insurance vs a guaranteed life insurance policy).
So how do we make these types of determinations?
We’ve found that rather than focus on the “Name” given to your condition, its often better to focus on how the “stroke” has affected the daily life of our Aggrenox client and the time frame upon which Aggrenox was first prescribed.
Questions such as:
- How long ago did you start taking Aggrenox?
- What was the reason that caused you to start taking Aggrenox?
- Was Aggrenox prescribed as a preventive measure?
- How long do you anticipate taking Aggrenox?
- Are you currently working?
- Are you receiving any type of disability benefits?
- Do you suffer from any symptoms associated with a stroke?
- Do you need any assistance when walking?
These and many more questions will generally play a key role in determining what options the Aggrenox client will have when it comes time to purchasing their life insurance.
It should be noted that not all life insurance carriers will look at clients who are buying life insurance while taking Aggrenox in the same manner.
Folks who are using Aggrenox to maintain healthy blood clotting levels (without a history of stokes or with only one TIA), applicants may be able to receive a “preferred” or better rate for their life insurance.
While folks who have had a true, diagnosed “Stroke” or multiple TIA’s in the past, the main struggle will focus on finding a life insurance carrier that is willing to take you on as a risk, rather than fight to earn a “preferred” or “preferred plus” rate!
For these folks, it’s going to be very important for to choose an agent that is not only very familiar with working with “High Risk” applicants, but also one who has the ability to work with dozens of different life insurance companies so that they will have the opportunity to find a company that will be willing to accept your application at a reasonable price!
Don’t be, this is where TermLife2Go steps in, and as an independent insurance brokerage, our agents have the experience and expertise to sort through dozens of different underwriting guidelines from some of the best life insurance companies in the industry, all in the effort to best serve you and your family!
So what are you waiting for? Just give us a call and see just what we can do for you!
Lastly, for those who would like to get an idea about how much their life insurance might cost before speaking with an agent, we would recommend that they check out our Term Life Insurance Quotes page when you have a few moments to spare.