Life insurance companies review mental health when setting premiums. Mild depression or anxiety may have little effect, while severe conditions or hospitalizations often result in higher premiums or limited coverage.
Insurers do not penalize therapy or medication alone. They focus on severity, treatment consistency, and condition management when assessing life insurance eligibility and premium costs.
How depression or anxiety influences daily responsibilities matters. Conditions that interrupt work, cause frequent panic attacks, or lead to hospitalization carry more weight than mild and well managed cases.
Life insurance applicants should share diagnosis details, treatments, medications, and hospitalizations. Honest medical history helps improve approval chances and secure better coverage despite mental health conditions.
Depression or anxiety does not automatically prevent approval for life insurance. Proper treatment, ongoing follow ups, and good overall health increase the chances of qualifying for strong coverage.
Managing depression or anxiety should not stop you from protecting your loved ones and securing their future. Explore life insurance options today and find comprehensive coverage designed to fit your unique needs.