Typically, what we find is that when folks arrive at our article on getting the best life insurance quotes while taking Vyvanse (Lisdexamfetamine) , its usually because they’ve nervous about whether or not the condition that they have, (that has warranted an Adderall XR prescription), is going to affect their chances at getting approved for life insurance.
The good news is that typically, Vyvanse (Lisdexamfetamine), is most commonly prescribed for treating conditions that aren’t major concerns for life insurance companies or disability insurance companies.
In fact, you’re most commonly going to see Vyvanse prescribed for treating attention deficit hyperactivity disorder (ADHD). However, you should be aware that there may be alternatives. Cognitune has an article that covers natural over the counter ADHD substitutes.
Now, since attention deficit hyperactivity disorder isn’t considered a “life threatening” disease, different insurance companies are going to focus more on “how” your ADHD is affecting your overall “lifestyle” rather than just one the actual ADHD diagnosis by itself.
Meaning, that if your attention deficit hyperactivity disorder (ADHD) hasn’t really been a major hindrance for you, it’s probably not going to be an issue for you on your life insurance application. However, if your condition has caused significant distress, you may encounter problems.
Common questions that an insurance underwriter may ask regarding your pre-existing condition:
- At what age was the applicant first diagnosed with their condition?
- How long have they been using Vyvanse?
- How successful is it at treating their condition?
- Is the applicant currently working?
- How long has the applicant been with his/her current employer?
- If the applicant is not working, why aren’t they?
- Stay a home spouse?
- Self employed?
- Is the applicant currently receiving any type of disability benefits?
- Does the applicant have any history of drug or alcohol abuse?
- Does the applicant have any issues with their driving record?
Now as we can see, these questions don’t really ask much about the actual condition being treated, rather they ask about how well the applicant is coping with his or her condition.
Which brings us to…
…why it’s so important to first work with an insurance agent who is very familiar with conditions that can be treated by Vyvanse, and who also has the flexibility and freedom to “pick and choose” from dozens of different insurance companies.
When it comes to applying for life insurance or disability insurance, one thing that every applicant should know is that each and every life insurance company is going to have it’s own set of internal rules and guidelines that its going to use to determine who they will and won’t insure.
Now when it comes to certain conditions, such as cancer and heart disease, most insurance companies are going to have very similar guidelines. But when it comes to more “subtle” pre-existing conditions, what you’re going to find is that there will be quite a bit of leeway from one company to another.
Which means that…
…If you are taking Vyvanse to treat your ADHD, you’re going to want to make sure that you choose to apply for life insurance with a brokerage like TermLife2Go who has access to dozens of different life insurance companies to choose from. This way, as more is discovered about the “severity” of your ADHD, your life insurance agent won’t simply have to rely on just one or two different options, instead we’ll be able to “sort” through the dozens of options that we have at hand, so we can help you find the best life insurance policy that you can qualify for.
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 insurance policies that can not only protect your family’s financial future, they could also significantly help our your own as well.
So what are you waiting for? Give us a call today and see what we can do for you!
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