Whenever we receive a call from a prospective client that is using Fosamax, or Fosamax Plus D, the first thing that we’re going to want to do is, try to determine why they were prescribed Fosamax in the first place.
Fosamax (alendronate) is used to treat and/or prevent osteoporosis in post-menopausal women, or men over the age of 60 who are experiencing normal bone loss. Lastly, Fosamax is also used to treat men and women who are experiencing osteoporosis as a result of taking steroids as well as to treat Paget’s disease.
So which is it?
If, we’re just talking about preventing osteoporosis in post-menopausal women, were generally not going to have much to worry about. In fact, these clients will often times have a pretty good chance at qualifying for a Preferred or Preferred Plus rate, which is why we’ll often times take a look at some “no medical exam” life insurance options first to see if we might have an opportunity to eliminate the need to actually have to take a medical exam.
This type of osteoporosis is generally referred to as primary type 1 and is the most common form of osteoporosiis.
Primary type 2 osteoporosis:
Can be seen in both men and women over the age of 60 and is associated with the normal aging process, and will generally not negatively affect one’s life insurance application. These clients will also generally be eligible to receive both a Preferred or Preferred Plus rate.
Secondary osteoporosis and Paget’s disease:
Secondary osteoporosis may arise at any age and affect men and women equally. This form results from chronic predisposing medical problems or diseases, or from prolonged used of medications such as glucocorticoids.
Paget’s disease of the bone on the other hand is a chronic disorder that can result in enlarged and misshapen bones. The excessive breakdown and formation of bone tissues causes the affected bones to weaken resulting in pain, misshapen bones, fractures, and arthritis in the joints.
How these conditions will ultimately affect one’s life insurance application will generally depend on the severity of the condition which will typically be determine by questions such as:
- Why were your first prescribed Fosamax?
- When were you first prescribed Fosamax?
- How long have you been taking Fosamax?
- Are you currently working now?
- In the past 12 months have you received or applied for any type of disability benefits?
From there, insurance companies will begin to get a better idea about the severity of your condition and determine whether or not they would like to request additional information and/or medical records from your primary care physician.
At this point it’s important to note that not all carriers will look at taking Fosamax (alendronate) the same. If used as a preventive precaution against osteoporosis, most carriers will not consider your use of Fosamax as potential “risk”.
However, if your Fosamax (alendronate) is used to treat for more advanced stages of osteoporosis and or Paget’s disease certain carriers may view your application differently.
Don’t be, this is where TermLife2Go steps in, as an independent agency our agents are committed only to you and your family. Our sole purpose here is to help guide you through the process of:
- First, choosing the right type of policy, whether it be Term, Whole Life, and Universal Life etc..
- Second, determining the appropriate coverage amount.
- And lastly, determining which carrier will most likely give you the best rate available
Here at TermLife2Go, we have chosen to remain an independent life insurance brokerage that is able to work with dozens of highly rated life insurance companies which means that when we’re confronted with a more “challenging” applicant, we’re going to have many dozens of options to consider in an effort to find that “perfect” life insurance policy.
So what are you waiting for? Give us a call today and see 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 Instant Life Insurance Quotes page when you have a few moments to spare.