For those who are currently having a difficult time getting approved for life insurance, you may also want to read the following articles which focus on difficult to place insurance policies: Top 10 Burial Insurance companies, 10 Top No Exam Life Insurance Companies
We’ll often get calls from folks who are wondering if their prescription for Singulair (Montelukast) will have any effect on their life insurance application. After all, one of the most common questions you’ll see on a life insurance application is:
“Are you currently using any prescription medications?”
Now the good news is that Singulair isn’t used to treat a wide variety of conditions, it’s basically just used to help prevent asthma attacks and reduce allergy symptoms, which means that we don’t have a ton of different medical conditions to consider when determining if Singulair is going to affect your life insurance application.
Has your life insurance advisor gone over some of the new life insurance trends that are making it possible to qualify for a No Medical Exam term or whole life insurance policy in less than 24 hours?
About Singulair (Montelukast):
Singulair (Montelukast) is a prescription medication that is used to prevent asthma attacks in adults and children as young as 12 months old.
Singular works by blocking leokotrienes which are chemicals in the body that released when exposed to allergens. Leokotrienes cause swelling in the lungs and tightening of the muscles around airways, which can result in asthma symptoms.
Is typically defined as a respiratory medical condition that is marked by spasms in the bronchi of the lung. These spasms lead to difficulty breathing and are generally the result of an allergic reaction.
The main reason why life insurance companies are going to be concerned about someone who has been diagnosed with asthma is because nearly 3,262 adults will die from asthma each and every year.
Which is why…
Life insurance companies are going to ask some specific questions about why you’ve been prescribed your Singulair so that they can get a better idea about what “type” of risk you’ll represent to them should they decide to offer coverage.
Common questions that will be asked concerning your Singulair:
- Are you using you’re Singulair to simply treat allergies or have you been “officially” diagnosed with asthma?
- How old were you when you were first prescribed Singulair?
- How long have you been using Singulair?
- Are you currently taking any other prescription medications other than Singulair?
- In the past 12 months have you used any tobacco or nicotine products?
- Are your “attacks” seasonal or year round?
- Have you ever been hospitalized for you condition?
- Have you ever had to go to the emergency room due to an asthma or allergy attack?
- When was your last allergy or asthma attack?
- Are you currently working now?
- In the past 12 months have you applied for or received any form of disability benefits?
From here, we’ll generally have a pretty good idea about the severity of your condition as well as which “types” of life insurance policies you’ll be eligible for.
At this point…
Assuming that you would be eligible, we also like to take a look at some of the new “no medical” exam term or whole life insurance policy options that are out there particularly if our client doesn’t have any existing coverage in place.
This is just one of the many benefits to working with an insurance brokerage like TermLife2Go that works with dozens of different life insurance companies. Since we don’t have to simply rely on one or two different products, our clients are able to “shop” dozens of different life insurance products prior to actually submitting an application which means that they’re going to have a ton of options to choose from!
So what are you waiting for? Give us a call today and see what we can do for you!
Ready to look at some quotes?
But would rather not speak with a life insurance agent right away? No problem, just check out our Free Online Life Insurance Quotes page which will allow you to see dozens of different life quotes from dozens of different life insurance companies!