Now it’s pretty safe to say that we don’t get all that many people asking us whether or not their prescription for Propecia is going to affect their life insurance application, but since we have been asked before, we figured we’d just cover the topic really quickly.
Will Propecia affect the outcome of your life insurance application?
No, taking Propecia shouldn’t affect your life insurance application what-so-ever.
Propecia is used for the treatment of male pattern hair loss on the vertex and anterior mid-scalp area. Male pattern hair loss is a common condition in which men experience a thinning of the hair on the scalp. Propecia works by preventing the conversion of testosterone to dihydrotestosterone (DHT) which is believed to be responsible for male pattern hair loss.
So, since we’ve established that Propecia isn’t really going to have an effect on your life insurance application one way or another, it only makes sense to take a moment or two and discuss what “might” actually effect the outcome of your life insurance application.
The best way to do this is by simply taking a look at some of the most common life insurance application questions so that we can see what exactly insurance companies are interested in.
Common life insurance application questions:
- How old are you?
- Have you been diagnosed with any pre-existing medical conditions?
- Have you ever been diagnosed with cancer, heart disease, stroke or diabetes?
- Have any of your immediate family members ever been diagnosed with cancer, heart disease, stroke or diabetes?
- Are you taking any prescription medications other than Propecia?
- In the past 12 months have you used any tobacco or nicotine products?
- In the past 12 months have you used any marijuana products?
- Do you have any issues with your driving record, such as a suspended license, multiple moving violations or DUI’s?
- In the next 2 years do you have any set plans to travel outside of the United States?
- In the past 2 years have you filed for or declared bankruptcy?
- Have you ever been convicted of a felony or misdemeanor?
- Do you participate in any dangerous activities or hobbies?
- Are you currently working now?
- In the past 12 months have you applied for or received any form of disability benefits?
From here the insurance companies will generally have a pretty good idea about what “type” of life insurance policy you will and won’t be able to qualify for and at what rate.
We’re also going to ask most of the same questions as well, we’re also going to be able to determine what “type” of life insurance policies you’ll be eligible for as well. The only difference is that we’re also going to be comparing dozens of different life insurance companies against one another so that once we’re done with your initial “interview”, we should have several different life insurance companies for you to consider based on who we “feel” will give you the best policy for your money!
For those clients who are healthy, we’ll also take a look at some of the new “no medical” exam term and whole life insurance policy options that are out there that will allow one to skip taking a medical exam and thus be approved much soon that those needing to take a medical exam.
Ok, so now…
That we’ve covered most of the basics, are you ready to take a look at some actual quotes that you may be able to qualify for?
If so, we would strongly encourage you to visit our page Life Insurance Quotes where you’ll be instantly compare quotes from dozens of different life insurance companies!
And since we still have your attention…
It’s fair to say that most people who decide to purchase a life insurance policy do so that they can protect their loved one’s financial future in the event of their death.
But what happens if you get sick but don’t die?
Is your family’s financial future still protected? Probably not. Which is why we would encourage you to also take a look at the following articles which will discuss some other “types” of life insurance policies that can not only protect your family’s financial future, they could also significantly help our your own as well.