Around 20% of people living in the UK show signs of depression. Depression is not just a mental health issue, it also has effects on your physiology.

This is because it reduces your appetite, results in mild insomnia and makes it less likely that you exercise. As a result, the following are the physical health issues that you might face because of depression:

  • Heart disease
  • Diabetes
  • Immunodeficiency disorders
  • Sleep disorders

Given these risks, you might have this question: does depression affect life insurance?

Does depression affect life insurance?

If you have received an official diagnosis for depression, it is likely to be factored into your insurance application. The insurer is likely to ask you questions about your condition, such as how long it has been since you were diagnosed and the treatment plans that you are following (for example, cognitive behavioural therapy and taking antidepressants).

Taking out life insurance after depression can be expensive. By choosing the right insurer, you can get a policy at the best possible rates.

Life insurance underwriting

The insurer will most likely ask you to complete a detailed questionnaire about your condition. This allows them to get more information about it and assign you to a risk classification, which determines your depression life insurance rates.

The most important factor for the insurer is the severity of the condition and how it affects your life. Hence, the questionnaire will ask the following questions:

  • To what extent does your depression affect your sleeping habits?
  • To what extent does your depression affect your eating habits?
  • To what extent does your depression affect your employment?
  • Do you have suicidal thoughts?
  • Have you ever been hospitalised because of depression?

So, be ready with your answers. Also, embrace life and learn to take problems by your stride.



We would recommend you to talk to one of our advisers for life insurance quotes.
Any quote that your adviser provides you with will take into account your circumstances, your medical history, as well as your budget!
Call 011-3733-4610 – Monday to Thursday from 11.00 to 19.00 and on Friday between 11.00 and 16.00
Call Now Button