For those who are currently having a difficult time getting approved for life insurance, you may want to read the following articles which focus on difficult to place insurance policies: Best Final Expense Burial Insurance Companies and Best No Exam Life Insurance Companies
Asthma is one of those medical conditions where a lot of times, folks won’t really consider the condition all that “serious”. But given the fact nearly 1 in 12 people or about 25 million American’s were diagnosed with asthma back in 2009 and that nearly 3400 individuals actually died from asthma related complications in 2010, it’s easy to see why life insurance companies aren’t going to consider an asthma diagnosis as something that shouldn’t be examined further.
Which means that…
If you have a prescription Xopenex or Xopenex HFA (levalbuterol) you should be prepared to answer a few questions designed to learn more about the severity of your asthma prior to an insurance company making a decision about your life insurance application.
Xopenex and Xopenex HFA a bronchodilator that is used to treat or prevent bronchospasm in people with reversible obstructive airway disease. Xopenex works by relaxing muscles in the airways and increases air flow to the lungs.
Common questions insurance companies will ask to determine the “severity” of your asthma.
- How old where you when you were first diagnosed?
- How long have you been treating your asthma?
- Are you taking any other prescription medications other than Xopenex to treat your asthma?
- Have your medications for treating your asthma changed over the past 12 months?
- In the past 12 months have you used any tobacco or nicotine products?
- In the past 12 months have you used any marijuana products?
- How often do you experience asthma attacks?
- When was you last asthma attack?
- Are your asthma attacks seasonal or do you experience them year round?
- Have you ever been hospitalized due to an asthma attack?
- Have you ever needed to visit the emergency room due to an 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, the insurance companies will generally have a pretty good idea about the severity of your condition. They’ll also have a pretty good idea about the “type” of life insurance you should be eligible for as well as what “rate” class you may or may not be eligible for.
The good news is that…
For those that only have what would be considered a “mild” case of asthma and DON’T use any type of tobacco or nicotine products, Preferred life insurance rates should still be available to you provided that you would otherwise qualify.
Now for those who have what might be considered a more “serious” case of asthma or those who have been diagnosed with asthma and also use tobacco, a more thorough examination of your current health and medical records will most likely be required prior to being approved for a life insurance policy.
The TermLife2Go advantage…
The advantage that you’ll have by working with a company like TermLife2Go is that in addition to having the experience and expertise needed to handle some of these more “challenging” life insurance applications, we also have dozens of different life insurance companies to choose from when it comes to applying for coverage. So, we don’t have to rely on just one or two different companies.
We here at TermLife2Go have chosen to remain and independent life insurance brokerage that is able to work with dozens of highly rated life insurance companies. Which means that we’ll have dozens of options to look at when it comes time to helping you find the best life insurance policy that you can qualify for!
Tired of reading?
We bet you are, but before you leave us for good, we would strongly encourage you to check out our Instant Life Insurance Quotes page before you go and see if one of the companies that we work with will meet your needs!
So what are you waiting for? Give us a call today and see what we can do for you!