Life Insurance by Health
What is the best life insurance for people with depression?
People with depression can get life insurance. Mild to moderate depression that is well-controlled with medication may qualify for standard rates. Severe depression or recent hospitalizations may result in higher premiums or declines. An independent agent can shop multiple carriers to find the best rates.
Key Points
- Mild to moderate depression: may qualify for standard rates
- Severe depression or recent hospitalizations: may result in higher premiums
- An independent agent can shop multiple carriers for depression
- Medications and treatment history affect underwriting
- Guaranteed issue: available if declined by other carriers