You may also want to read our article 10 Best Life Insurance Companies- According to TermLife2Go, Avoid the Needle! 10 Awesome No Medical Exam Life Insurance Companies! as well as Tips On How to Earn Great Life Insurance Quotes.
When it comes to helping folks who are taking Strattera find a great life insurance policy, it’ll generally come down to:
- First applying for life insurance with the “right” life insurance company.
- And second, properly preparing your life insurance application so that when the insurance underwriters become aware of your Strattera use, they won’t need to wonder about the severity of your condition.
Qualifying for life insurance after you’ve been diagnosed with attention deficit hyperactivity disorder (ADHD) doesn’t necessarily have to be a difficult process.
In fact, many folks with ADHD can, and will, qualify for a Preferred or Preferred Plus rate. These folks will simply need to make sure that they choose to apply with the “right” life insurance company and, they fully document what “affects” their ADHD is having on their day to day living activities if any.
Strattera is a selective norepinephrine reuptake inhibitor, that is believed to work by boosting levels of norepinephrine which is a natural chemical in the brain that is believed to help regulate activity.
Now where folks who have been diagnosed with ADHD…
Will run into trouble is if it “appears” that their ADHD is not being well managed. For this reason, insurance companies will generally like to ask a series of questions in order to determine how well your ADHD is being managed prior to making any decisions regarding your application.
Common questions you’ll likely be asked to determine the “severity” of your ADHD will include:
- How old were you when you were first diagnosed with ADHD?
- How long have you been receiving treatment for ADHD?
- When were you first prescribed Strattera?
- Who prescribed your Strattera? A general practitioner or a psychiatrist?
- Are you taking any other medications to treat your ADHD?
- Has your Strattera prescription changed over the past 12 months?
- Do you have any issues with your driving record, such as a suspended driver’s license, multiple moving violations or DUI?
- Have you ever been convicted of a felony or misdemeanor?
- Do you have any history of drug or alcohol abuse?
- 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 are generally going to have a pretty good idea about what “type” life insurance policy that you’ll be eligible for as well as what rate class you’ll most likely qualify for.
They may also decide that would like to obtain some additional information which can only be found in your medical records. This is why they may decide to order medical records from your primary care physician, which should NOT necessarily be viewed as a negative sign that your life insurance application isn’t going “well”.
We here at TermLife2Go will also have a pretty good idea about what you will and won’t be able to qualify for, and for those who might be eligible for some of the “newer” no medical exam term and whole life insurance policies that are not entering the market.
These types of policies are particularly helpful for those that don’t currently have any life insurance in place simply because they go “inforce” in less than 24 hours as opposed to waiting 2 to 4 weeks for a policy that would require a medical exam!
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 an idea about how much their life insurance might cost before speaking with an agent, we would recommend that they check out our Compare Life Insurance Quotes Instantly page when you have a few moments to spare.