How your prescription history affects your life insurance rates

HAVEN LIFE | May 1, 2019 | Sponsored

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Thanks to the fact that we live in the 21st century instead of the 12th, prescription drugs are a part of everyone’s medical history. Whether it’s taking a temporary course of antibiotics to get over strep throat, or a regular regimen of medication to manage a lifelong condition like asthma, you -like most people -have a prescription history. In the life insurance underwriting process, insurers review information about your lifestyle and health history to assess your overall health and accurately price your policy. For medically underwritten coverage (often the most affordable type), prescription history is reviewed. So how does the information in that prescription history affect how much you’ll pay for your life insurance?The answer is: It depends on your individual circumstances. To help us demystify how prescription history is reviewed, we spoke to Ram Ballesteros, an underwriting product innovation lead at Haven Life.

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