Life Insurance Underwriting With An Anxiety Disorder
Anxiety disorder is a blanket term covering several different forms of a type of common psychiatric disorder characterized by excessive rumination, worrying, uneasiness, apprehension and fear about future uncertainties either based on real or imagined events, which may affect both physical and psychological health. Wikipedia
Atovan (gemeric-lorazepam) Paxil (generic-paroxetine)
Buspar (generic-buspirone) Paxil CR (generic-paroxetine)
Celexa ( generic-citalopam) Prozac (generic-fluoxeine)
Cymbalta Wellbutrin (generic-bupropion)
Desyrel (tazodone) Xanax (alprazolam)
Effexor (venlafaxine) Zoloft (sertraline)
Klonopin (clonazepam) Zyban (bupropion)
•When were you diagnosed with anxiety?
•Diagnosed with other mental disorders, i.e. bipolar, etc?
•What medications are you currently taking?
•Ever hospitalized for anxiety or depression?
•Any other health issues?
Life insurance companies rating classes:
Underwriting life insurance with anxiety disorder:
•Mild, well controlled, on one anxiety medication = likely Preferred Plus rate
-No other mental health issues, no substance abuse history, no DUI’s, stable employment.
•More than one medication for anxiety or depression= likely Standard rate
Obtaining life insurance with mild anxiety is usually not a problem. By knowing the factors that affect life insurance rates, you can shop with confidence and know what to expect. You can use the instant quote engine on this site to shop for the best rates. Also, keep in mind underwriting will also look at build, other health conditions and lifestyle. If you fall into a lower rating category than you anticipate, that is OK, you can still buy a policy and ask the life insurance company to re-evaluate your rate once your health has improved.
Photo Credit: Porschelinn