Buspar, like many other anti-anxiety medications is used to treat symptoms of anxiety such as fear, tension, irritability, dizziness, increased heart rate as well as other physical symptoms, all of which are not necessarily life threatening.
That being said however, insurance companies are going to take an active interest in the severity of the anxiety being treated because any time an insurance company is considering insuring someone with a so called “mental illness” but hey let’s face it anxiety as defined by Mirriam-Webster is pretty broad.
Full Definition of anxiety
- 1a: painful or apprehensive uneasiness of mind usually over an impending or anticipated illb : fearful concern or interestc : a cause of anxiety
- 2: an abnormal and overwhelming sense of apprehension and fear often marked by physiological signs (as sweating, tension, and increased pulse), by doubt concerning the reality and nature of the threat, and by self-doubt about one’s capacity to cope with it
This is why you’re going to find that that during your life insurance application, the insurance companies are going to ask a lot of specific question designed to learn more about the severity of your condition.
Question such as:
- When were your first diagnosed?
- In general, the long you’ve been successfully treating your anxiety the better.
- Where you originally prescribed your Buspar by your primary care physician?
- Being referred and receiving follow up care for a psychiatrist could be indicative a more serious anxiety disorder.
- Do you have any other pre-existing medical conditions?
- If so, we’re going to need to disclose them and try to determine what effects they may have on your application as well.
- Do you have any history of drug or alcohol abuse?
- Having a history of drug or alcohol abuse will certainly complicate matters, especially if you have less than 2 years of sobriety.
- Do you have any DUI’s on your driving record?
- May be indicative of a substance abuse problem.
- Have you ever been convicted of a felony or misdemeanor?
- May be indicative of behavior issues.
- Have you ever been hospitalized for your condtion?
- Do you ever have thoughts of suicide or ever attempted suicide?
- Are you currently working now?
- In the past 12 months have you received or applied for any form of disability benefits?
Now for those of you who are saying:
“This is crazy, I just get a little nervous sometimes!”
Don’t worry, life insurance companies aren’t going to immediately deny your application or make you pay some outrageous price for your insurance simply because you’ve been prescribed Buspar.
After all, insurance companies are in the business of insuring people which means that unless they’re able to earn your business, they’re not going to make any money. The trick for them is:
- First, try to determine who will be an acceptable risk.
- Second, if an applicant represents an increased risk of a financial loss, what price point in the form of a higher premium would justify taking such as risk.
And that in a nutshell, describes the entire underwriting process.
Now the way it works for us is like this…
Here at TermLife2Go work as an independent life insurance brokerage able to work with dozens of highly rated life insurance companies which means that even if we encounter one or two different life insurance companies that aren’t particularly thrilled with how well your anxiety is “presenting” itself, we’ll typically have another option or two to consider.
So what are you waiting for? Give us a call today and see what we can do for you!
Lastly, because you may be eligible for a life insurance policy that will not require you to take a medical exam, we would encourage you to take a look at our Compare Medical Exam Required and No Medical Exam Life Insurance Quotes page.