Are You Required To Report Single Episode Anxiety On Life Insurance Form

The short answer is yes you are able to get life insurance.

Are you required to report single episode anxiety on life insurance form. Whether you ve been diagnosed with depression or anxiety insurers typically collect your medical history as part of the life insurance application process. It s important to realize when you combine depression and life insurance it will come down to which carrier is most lenient as far as underwriting guidelines. Subjective factors rather than measurable facts such as physical build or heart disease are at play in these health conditions. Having anxiety will not prevent you from getting life insurance coverage.

The requirement that hhas report quality data to cms is contained in the medicare regulations. One major life insurance company offers a non rated policy to someone who has mild or occasional anxiety and depression. Veirs says an isolated incident or depressive episode generally won t affect your life insurance rates. In fact statistics indicate that about 18 percent of the adult population in the us has some form of anxiety.

You can expect questions similar to the following. Mild depression or anxiety no suicidal ideation for at least one year can perform normal activities with minimal symptoms no more than two medications no antipsychotic medications for anxiety or depression. If you are one of the many people that struggle with anxiety you may be wondering if it can affect your life insurance coverage. In most cases depression and anxiety counts as a pre existing medical condition on a life insurance application.

Life insurance underwriting for depression and anxiety you will need to make a judgement call in writing life insurance for clients with depression or anxiety. The following criteria must be met. For example if your records contain any references to attempted suicide your condition will most likely be classified as severe complicating your ability to get affordable life insurance. So if you are overweight smoke skydive regularly and happen to be depressed you would have a higher mortality rate than a fit and trim nonsmoker who has a less exciting hobby and a better state of mind.

If you have anxiety or depression the life insurance company will likely have more questions to ask you. If you were denied life insurance because of a history of depression and anxiety you were probably talking to the wrong agent. Whether your anxiety disorder will be considered to be mild moderate or severe will depend mostly on your medical records. However if you are a stay at home spouse some life insurance companies may be willing to offer you an exception if your spouse is insured.