Can depression sufferers get life insurance without getting a case of the blues? For uplifting answers, read on.
Life insurance. Some people get anxious, sometimes even slightly depressed, whenever these two words are mentioned. You know what I’m talking about. Many people get uncomfortable just thinking about life insurance. To some, it’s right up there with drawing up a will or reserving burial plots. (And who wants think about tombstones?)
I personally think life insurance is one of the greatest products ever invented, but I do understand why this topic can elicit anxiety. But what if that anxiety is a chronic or debilitating condition? What if you suffer from severe depression or have a bipolar disorder? Can you get life insurance if you have been diagnosed with depression or have been hospitalized with some form of mental illness, past or present?
The answer is: “Possibly.” Frankly, it will depend on several factors, including the severity of the specific mental illness. According to the National Institute of Mental Health, depression is a common, yet serious illness. Depression can come in many forms – from short-term sadness (usually only lasting a few days) to more severe conditions, such as ADHD (Attention Deficit Hyperactivity Disorder), ADD (Attention Deficit Disorder) and Bipolar disorders. Treatments run the gambit from antidepressants to hospitalization. Again, depression is treatable – and in many cases, insurable.
To find out more about this topic, watch this short, informative video. Howard Weissman, AccuQuote’s Medical Underwriting Expert, will tell you more about how you can get affordable life insurance, even if you suffer from depression or a bipolar disorder.
Everyone who has ANYONE depending on them financially needs life insurance. It’s an incredibly affordable way to ensure that your family’s financial future is protected when you die. And last time we checked, the odds of death are still 1 out of ONE. (Now if that doesn’t make you anxious…)
Questions? Feel free to reach out to us. You’ll speak with a real live person! (And we don’t charge $100 per hour. Our chats are free.) We’re here to help. Get affordable life insurance NOW! Do it for YOU. Do it for your family. (Then you can go back to talking about burial plots. Ugh!)