Applying for Life Insurance While on a Statin Medication
Stain medications are among the most prescribed drugs in America. Statins, such as Lipitor, work by inhibiting a substance your body needs to produce cholesterol.
Fortunately, there are many life insurance companies that will not penalize you for treatment of high cholesterol.
Rather than looking at the treatment for elevated cholesterol, certain companies will use your actual cholesterol numbers in determining your rating class. Since each life insurance company has different cholesterol underwriting guidelines, it’s best to tell the agent upfront of your last cholesterol numbers.
The Final Word for Those on a Statin Medications and Applying For Life Insurance Coverage
If you are taking a statin medication such as Lipitor, many term companies are going to use your actual cholesterol numbers instead of increasing your rates solely for being on a statin. If you have any questions, or are looking to secure the best rate while being treated with a Statin, please do not hesitate to contact me.