Plavix is one of those “tricky” medications that can often times “trip” up a new life insurance agent or an agent that doesn’t work with a ton of “high risk” applicants because in general, seeing a prescription for Plavix isn’t going to make an insurance underwriter jump up and down with glee!
Plavix (clopidogrel) is a prescription medication that is typically used to prevent blood clots after a recent heart attack or stroke, but can also be used by individuals with certain disorders of the heart or blood vessels.
Plavix works by keeping platelets found in the blood from coagulating which helps to prevent unwanted blood clots to occur.
Now as one can see…
Plavix is prescribed for a wide range of conditions and symptoms, which is why it’s so tough to say what effect its use is going to have on a life insurance application without first knowing more about why it’s been prescribed to you.
So whatcha got?
It’s pretty safe to say that if you’ve just recently suffered from a heart attack or stroke (within the past 6 months) most if not all insurance companies are going to want to wait a while and see how well you rebound from this event.
Then after 6 months to a year, some insurance companies will be willing to take a look and see if you may now qualify for a “traditional” term or whole life insurance policy. At this point, factors such as:
- Your age,
- Your currently height and weight,
- Your current blood pressure and cholesterol levels,
- Your family history,
- Your latest EKG,
- And your latest cardiac stress test,
Will all come into play in determining your eligibility for a new life insurance policy.
An important side note…
Insurance companies will be much more likely to insure those who have demonstrated “over time” that they’re health has improved since their original “medical event” that caused Plavix to be prescribed.
Which means that even if you’ve been denied life insurance in the past, you may be eligible for it now particularly if you’re last denial was a year or two ago.
Since Plavix is also used to treat a wide variety of circulatory medical conditions, it’s quite possible that not only will you be eligible for life insurance, you might even be able to qualify for a Preferred rate!
(Plavix really is one of those “few” medications that can really give a new or inexperienced life insurance agent a head ache.)
Best way to determine what you’ll be able to qualify for….
The best way to determine what you’ll be able to qualify for is simply give us a call. This way we’ll be able to ask question like:
- Why were you prescribed Plavix?
- How old were you when you were first prescribed Plavix?
- Have you ever suffered from a heart attack or stroke? If so how long ago?
- How long have you been taking Plavix?
- Who prescribed your Plavix, a general practitioner or a cardiologist?
- In the past 12 months have you been hospitalized for any reason?
- How often do you visit your primary care physician?
- Do any of your immediate family member (mother, father, brother, or sister) have a history of suffering from a heart attack or stroke?
- What is your current height and weight?
- In the past 12 months have you used any tobacco or nicotine products?
- Are you currently working now?
- In the past 12 months have you applied or received any form of disability benefits?
From there, we’ll have a pretty good idea about what types of life insurance policies you’ll most likely be eligible for as well as having a pretty good idea on which life insurance company is most likely to offer you the best rate.
Here at TermLife2Go, we work as an independent life insurance brokerage that is able to work with dozens of top rated life insurance companies so that when we get presented with one of those more “challenging” cases, we don’t need to just rely on one or two different companies to get our clients a great rate. Instead, we’re able to “shop” dozens of carriers so that at the end of the day, our clients should have multiple options to choose from!
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 a general idea about how much their life insurance could potentially cost before speaking actually with a “live” agent, we would encourage you to check-out our Instant Life Insurance Quotes page when you have a moment!