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Whenever we get a call from a potential client that is asking us about whether or not their Neulasta prescription will have a negative effect on their life insurance application we’ll typically need to know 2 things first.
- How much life insurance are they looking for?
- And, are they currently using Neulasta now?
Neulasta (pegfilgrastim) is a man-made prescription drug form of a protein that is used to stimulate the growth of white blood cells in your body, and is primarily prescribed to prevent neutropenia in those who are receiving chemotherapy.
According to the CDC, each year, about 650,000 cancer patients receive chemotherapy in an outpatient oncology clinic in the United States. Each of which are at risk for developing infections that may lead to hospitalization, disruptions in chemotherapy schedules, and even death. Additionally, neutropenia is recognized as the most serious hematologic toxicity during cancer treatment with chemotherapy.
Which is why…
We actually do get quite a few call from folks that have been prescribed Neulasta, and in our experiences most, if not all, fully underwritten life insurance policies will view Neulasta as a “disqualifying Medication” on a life insurance application.
Which brings us back to our initial 2 questions.
For clients who are looking for $25,000 dollars in coverage or less, there are those policies that won’t ask any medical questions or require one to take a medical exam to qualify for. These types of policies are called Guaranteed issue life insurance policies.
(For additional information regarding Guaranteed Issue life insurance policies please visit our Top 10 Best Final Expense Life Insurance Companies article).
Now if you’re no longer using Neulasta…
And your currently in remission, Congratulations! That’s Great!
Which means that we’re also going to need to shift gears from “automatically” looking at a Guaranteed Issue life insurance policy too “potentially” being able to find a fully underwritten term or whole life insurance policy that will be willing to approve you!
Which means that we’re now going to need to learn a little bit more about the “type” of cancer that you beat and what “stage” you beat your cancer at prior to being able to determine if you’ll be eligible for a traditional term or whole life insurance policy yet.
Common questions that insurance companies will ask regarding your cancer treatment.
- What type of cancer where you diagnosed with?
- What stage was the cancer classified at?
- How old were you when you were first diagnosed?
- How long ago was your last date of treatment?
- What treatment types did you receive?
- How often do you visit your oncologist for a routine checkup?
We’ll generally have a pretty good idea about what type of life insurance you may or may not be eligible for right.
Unfortunately, due to the complexity of the topic, it’s pretty much impossible to give any general “rules of thumb” advice when it comes to where or not someone will be eligible for a traditional term or whole life insurance policy without knowing all the specifics of their medical situation.
That being said however, in general, your chances for being approved will increase exponentially as more time passes from your last date of treatment and the day that you decide to apply for coverage. Additionally, those who “caught” their cancer at an earlier stage will generally have an easier time finding coverage.
The good news…
Is that we here at TermLife2Go have a ton of experience working with folks who have been prescribed Neulasta and we’re not afraid to take on a “challenging” application if it means that we’ll be able to help you get the best life insurance policy that you can qualify for.
So what are you waiting for? Give us a call today and see what we can do for you!
Ok now that you’ve got a basic idea about “how’ you’ll be able to get insured, are you ready to take a look at some quotes from the companies that we feel are currently the “best” in the industry?
Well if so, just click on our Best Life Insurance Quotes page and give us a call once you are ready to move forward!