For those who are currently having a difficult time getting approved for life insurance, you may want to read the following articles which focus on difficult to place insurance policies: 10 Best Life Insurance Companies, Top No Medical Exam Companies as well as our Best Final Expense Insurance companies
We know that when we answer the question,
“Will taking Lamictal affect my life insurance application?”
With “it depends” we’re not making a ton of friends, but the truth is, it’s hard to say whether or not your Lamictal prescription is going to affect your life insurance application.
This is because Lamictal (lamotrigine) isn’t only an anti-epileptic medication, that is used to treat epileptic seizures in adults and children, it’s also used to delay mood episodes in adults with bipolar disorder.
So whatcha got? And how serious is it?
So before we can answer whether or not your Lamictal is going to affect your life insurance application, we’re going to need to know what condition it’s treating and the severity of that condition.
So let’s first take a look at those who are using Lamictal to treat their epileptic seizures.
For folks who have been diagnosed with “mild” epilepsy which would typically be defined by the insurance industry as someone who has had only one small seizure over 10 years ago, with no other history of seizures and who only uses one medication if any. If this sounds like you then it’s quite possible that you may be able to qualify for a preferred or preferred plus rate class.
That being said however, most well controlled clients who have a history of absence seizures, (i.e. petit mal), and who have not had a seizure in the last two years, will come back at a standard rate class.
The more serious sufferers qualify at a below standard rate class or may need to consider a burial life insurance policy where there is no medical exam and no health questions. Consider coverage from one of the top burial and final expense insurance companies.
As for those suffering from bi-polar condition…
Insurance companies are going to be interested in how your bipolar diagnosis has affected your general lifestyle. Common questions that will be used to determine the severity of your condition will include:
- When were your first diagnosed with bi-polar condition?
- How long have you been using Lamictal to treat your condition?
- Are you using any other prescription medications to treat your bi-polar disorder?
- Who prescribed your Lamictal? Your primary care physician or a psychiatrist?
- Have you ever been hospitalized as a result of your bi-polar condition?
- Are you currently working now? If so how long have you been with your current employer or in the same “line” of work?
- 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? Such as a suspended license, multiple moving violations, or DUI?
- Do you have any history of drug or alcohol abuse?
Now depending upon how you answered these questions the insurance company will general have a pretty good idea if you’ll be able to qualify for a traditional term or whole life insurance policy or if we need to take a look at an alternative insurance product that won’t take one’s health into consideration.
Additionally, it’s quite possible that regardless of why you’re using Lamictal, insurance companies may request copies of your medical records prior to making a decision regarding whether or not they will insure you. If this happens, one should not immediately think the worst, in fact, ordering medical records may actually turn out to be a “positive” during the application process.
One thing that we’ve found that always helps is…
That it’s important to have options when applying for life insurance with a pre-existing medical condition such as epilepsy or bi-polar condition. Having options is what allows us to not simply rely on ONE life insurance company providing us with the answer that we want, instead, we can shop our “higher risk” applicants with multiple companies simultaneously so that not only do we have a better chance of getting them APPROVED for life insurance, we also have a better chance of getting them an AWESOME rate!
So what are you waiting for? Give us a call today and see what we can do for you!
Ready to see…
What all this may cost you? Well if so, simply visit our page: Compare Medical Exam Required and No Medical Exam Life Insurance Quotes and then just give us a call when you’re ready to move forward!