Does Depression Affect Life Insurance? 
Depression can affect life insurance , but does not necessarily do so . Mild depression that is well controlled by one medication , where the applicant has not missed work or been hospitalized due to the depression , and has shown stability for over a year , can get Preferred rates from some companies . At the other extreme , if the applicant has had a recent suicide attempt , is on disability for depression , or is in a period of trying out new medications , you may need to take a simplified or guaranteed issue plan until you have had some stability for a while . There are many options for people suffering from depression . You will definitely benefit from using an agency that specializes in impaired risk life insurance to find your best rate . 