Last Updated: March 2021
Modafinil and Provigil are commonly used to treat narcolepsy, sleep apnea, and to help with focus, and the use of these drugs can certainly impact your rates for life insurance. It may even impact your overall chances of being approved for life insurance.
With that said, the premiums for life insurance depend on the underlying issue you’re trying to treat. Taking this medication matters less than why you’re taking it.
In this article, we’ll discuss the common underlying issues for people who are taking Modafinil or Provigil, what underwriters will look for, and how to apply.
- Underwriting: What Life Insurance Companies Will Ask About Your Use of Modafinil or Provigil
- How to Apply for Life Insurance While Taking Modafinil Or Provigil
Underwriting: What Life Insurance Companies Will Ask About Your Use of Modafinil or Provigil
Recently there’s been a trend of people trying to use Modafinil and Provigil to help focus. Typically, entrepreneurs, students, and programmers are using it as a “smart drug”.
You can easily ship it from foreign countries without a prescription.
A common use of Modafinil is to treat shift work sleep disorder. This explains why a lot of people are using it to focus for a long period of time.
We see a lot of people with ADD or ADHD as underlying issues to underwrite, and they are trying Modafinil, especially if Adderall isn’t working for them or has worn off.
In this case, it all depends on your control of your ADD or ADHD. If you’re undiagnosed, the life insurance company will need a reason that you’re taking Modafinil or Provigil.
It’s important to tell your life insurance agent why you’re taking Modafinil so that we can properly “sell” your risk to an underwriter for the best possible rates. If your ADD, ADHD, or other underlying focus reason is under control (meaning no depression, alcohol abuse, or regular psychologist visits), you can get preferred rates.
If it’s not under control, or if there’s another corresponding lifestyle or health issue, your life insurance can be more expensive and possibly be declined. Again, just disclose what the modafinil use is for and let a professional secure the best rates.
Life insurance rates will range from “preferred” all the way to “declined,” based on the underlying issue and how well-controlled that issue is.
What Underwriters Will Ask People Taking Modafinil for Sleep Apnea
Sleep apnea is a rather common disorder where you can get preferred rates on your life insurance even with a CPAP.
Using my Modafinil or Provigil is typically used as therapy for daytime sleepiness for obstructive sleep apnea.
Since you’re not sleeping very well, Modafinil is prescribed to help you get through your day, and studies are showing it works very well.
There haven’t been enough studies, however, to show any effects on your sleep apnea and using a CPAP. Since Modafinil is used to treat the after-effects, it has yet to be seen (as far as our research) that it affects your sleep apnea.
With that said, If you need to take Modafinil, your sleep apnea isn’t as controlled as doctors would like it.
So we’re seeing Standard rates as the best possible health classification for people taking Modafinil and have Sleep Apnea. Standard is average, so that’s a good thing!
Note that chronic obstructive sleep apnea will get a below “Standard” (average) rating. We have a lot of experience in securing life insurance with sleep apnea, so please don’t hesitate to ask us any questions.
What Underwriters Will Ask People Taking Modafinil for Narcolepsy
Like the other risks we mentioned above, it all depends on the level of control of your Narcolepsy and what type of Narcolepsy you have. As long as you can complete all your activities of daily living, we’d recommend going the no medical exam life insurance route.
Many life insurance companies are sticklers with getting completed sleep studies.
So if you haven’t had consistent sleep studies and one recently, you’re going to have a hard time getting a decision on your life insurance application.
Ask us about a no exam life insurance policy. There are several companies that will issue your coverage quickly and affordably that don’t ask anything about Narcolepsy. This can be term life insurance or final expense burial life insurance.
How to Apply for Life Insurance While Taking Modafinil Or Provigil
If you’re taking Modafinil or Provigil, every situation will be different. It’s important to work with an independent life insurance agency that has worked with clients that take these medications.
We know what questions to ask and what companies will look at your risk most favorably. After all, we focus on helping individuals secure high-risk life insurance.
Applying to the wrong life insurance company can get you declined or paying more than you should for life insurance. We’ve seen this mental health “risk” many times before and know from experience what to look out for.
We’ve even turned several Modafinil or Provigil declines from other agencies into approvals.
Check out more info on some of the best life insurance companies that you can get quotes from.
If you’re looking for instant quotes, complete the form on the side, and rates will be displayed on the next screen.
Also, be sure to check out our other guides below to learn more about how different types of mental health conditions can affect life insurance approval and rates:
- Life Insurance with Autism, Asperger’s, or ASD
- Life Insurance with Bipolar Disorder
- Life Insurance with Depression
- Life Insurance for People with a Mental Health Condition