Does Depression Affect Life Insurance Rates? 
Depression history can affect life insurance rates . Underwriting guidelines for many companies have lightened up over the years , so a standard rate -LRB- and even preferred in some cases -RRB- is attainable . A number of factors can influence the risk classification -LRB- the risk class determines the premium -RRB- a person qualifies for with a given carrier when they are being treated for depression such as severity level of depression , medications used , any hospitalizations -LRB- and when -RRB- , any suicide attempts or consideration of suicide , usage of alcohol and/or tobacco . Please note , the risk class is also dependent upon your age , gender , height/weight profile , any other medications and conditions , family medical history , and the results of the exam -LRB- if applicable - however , with a history of depression you will have a much better chance of getting lower premiums through a fully underwritten policy with an exam than a no-exam program -RRB- . Each carrier has their own underwriting guidelines so you do n't want to apply with a bunch of companies to see what sticks - this works against you as it 's a red flag to the company when they conduct their MIB check -LRB- MIB - Medical Information Bureau -RRB- . The best thing you can do is to consult with an experienced life insurance broker who can work with you on a personal level and shop the case for you - we do not charge any fees for our services . I hope the information is helpful - please feel free to contact me for assistance with your coverage and if you have any other questions . Thanks very much . 