Depression Life Insurance
If you have Depression, knowing where to look for Life Insurance can be difficult. People often find it hard to get the very best Life Insurance rates, as many companies will look to increase premiums after a confirmed diagnosis of Depression. Knowing which insurer will be the most understanding and flexible to your situation can be the key – that’s where Your Life Protected can help.
It can be confusing to understand why insurers put premiums up if you suffer from Depression. We have put together some information to help you understand why this may be the case.
Why is life insurance more expensive for people suffering from Depression?
As the NHS points out, “Depression is more than simply feeling unhappy or fed up for a few days.We all go through spells of feeling down, but when you’re depressed you feel persistently sad for weeks or months, rather than just a few days.”
Clinical depression however, is a distinct medical condition in its own right whereby an individual suffers with low mood plus other symptoms, each day for a prolonged period of time often resulting in disruption of daily life.
Each case of Depression is different. The symptoms suffered and the treatment required will vary from person to person. In order to offer you a quote for life insurance, an insurer will need to ask you a number of questions to determine the severity of your depression and the impact it has on your life. You can expect to be asked some of the following types of questions:
- When did you first experience symptoms of depression?
- What was the cause of the depression?
- What medication are you taking?
- Have you seen a psychiatrist or counselor?
Get a quote for Life Insurance with Depression
Working with specialist Life Insurance Providers, as well as the leading companies in the UK, Your Life Protected work to get the best quotes for you. We are able to identify which company will be able to offer the best Depression Life Insurance quote for you, taking your individual situation into account.
To get a better understanding of our process, to obtain a quotation or to find out more about Life Insurance with pre-existing medical conditions, simply go to Get a Quote or give us a call on 01275 404268.