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 and Top 10 Best No Medical Exam Companies
Whenever we get a call from a person that is using Wellbutrin XL (bupropion) and is wondering if its use is going to affect their life insurance application, we always have to first ask if their Wellbutrin XL is being used to help them quit smoking, or is it being used to treat their depression?
From there, we can begin to determine what role its use will actually play in the outcome of their life insurance application.
About Wellbutrin XL.
Wellbutrin XL (bupropion) is an antidepressant medication used to treat major depressive disorder and season affect disorder. Wellbutrin XL may also be used to help people stop smoking by reducing craving and other withdrawal effects.
Being used to quit smoking…
When Wellbutrin XL (bupropion) is being used to help a client quit smoking, the main issue that most clients are going to have is that, in order for someone to be considered a “non-smoker” and thus qualify for a non-tobacco rate, they must be “tobacco free” for at least 12 months.
Now there are certain companies that won’t consider “certain” types of tobacco use the same as they would cigarettes, for example cigars, pipes, chewing tobacco and/or electronic cigarettes may be considered none tobacco products by some life insurance companies. However, as a general rule of thumb, most insurance companies will consider you a smoker if you’ve used ANY tobacco products in the past 12 months.
If you’re using Wellbutrin XL to quit smoking, unless you’ve been using it for more than 12 months, it’s use will generally trigger a “tobacco” rate when it comes time to getting approved for life insurance.
For more information regarding smoking and how it affects one’s life insurance application, feel free to visit our article dedicated to this topic: https://termlife2go.com/smoking-and-life-insurance/
Wellbutrin XL used to treat depression….
Now for those who are using Wellbutrin XL to treat depression, knowing how its use will ultimately affect your life insurance application will generally come down to the “severity” of your condition.
To determine the “severity” of your depression, insurance companies will typically ask you a series of questions such as:
- How old were you when you were first diagnosed with depression?
- Who diagnosed your depression? A general practitioner or a psychiatrist?
- How long have you been treating your depression?
- Does your depression have a root cause (situational depression) or is it more general?
- Is Wellbutrin XL the only medication that you’re using to treat your depression?
- Have you ever been hospitalized due to your depression?
- Have you ever thought about or attempted suicide?
- Are you currently working now?
- In the past 12 months have you applied for or received any form of disability benefits.
Now the good news is that…
Depending on the severity of your condition, folks who have been prescribed Wellbutrin XL and are suffering from what one might define as a mild care of depression, can and often will qualify for a Preferred rate on their life insurance application.
Now for those with…
A more serious diagnosis, all is not lost, after all, there are 16 different rate classes someone can qualify for, and we here at TermLife2Go work with dozens of different life insurance companies, meaning that even if you’ve been diagnosed with severe depression or have been denied life insurance in the past, there’s still a really good chance that we can help you out.
Each and every life insurance company is going to have its own rules and regulations when it comes time to determining who they will and won’t offer life insurance coverage to. So the trick then becomes knowing which life insurance company is going to be the most “lenient” for those who have been diagnosed with depression, which is exactly what we strive to do each and every day!
So what are you waiting for? Give us a call today and see what we can do for you!
Lastly, because you may be eligible for a life insurance policy that will not require you to take a medical exam, we would encourage you to take a look at our Term Life Insurance Quotes page.
And since we still have your attention…
It’s fair to say that most people who decide to purchase a life insurance policy do so that they can protect their loved one’s financial future in the event of their death.
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 life insurance policies that can not only protect your family’s financial future, they could also significantly help our your own as well.