We’ve talked over the years about how a little anxiety or a little depression seems like an appropriate response to the world and especially the country we live in. We live in a country where type A work personalities are given gold stars and where the non stop feeding tube of TV provides any number of reasons on any day to be feeling a little down.
Take today for instance. We’re about to go to war with Syria. Another in an ever increasing string of wars that, whether you agree with the reasons or not, add to the everyday stress we all live with. Just speaking for us I can tell you that there is a feeling that someday we’re going to be drug into something that is going to trigger World War III. We aren’t saying there aren’t right and noble reasons for some of these wars. All we’re saying is that the threat of a global blowup has kind of an unnerving feeling to it.
But back to what we do know, life insurance risk and how it’s affected by mood disorders. By far the majority of life insurance companies feel like being stressed or depressed increases your mortality risk significantly, at least double. The average person who would qualify for preferred plus rates, the best rate class, is more often than not approved at standard by most companies for mild anxiety or depression. We find it especially off target to whack a life insurance applicant to standard because they take Adderal for adult ADD or ADHD. These are the over achievers along with, and we know underwriters will take exception, well controlled bipolar 2 people whose manic side is not out of control and, in fact, can lead them to do great things if channeled and controlled correctly.
What we know from years of working with people with mood disorders is that the stay at home mom or the psychiatrist that takes Prozac to smooth their roads out is less of a mortality risk than someone who just tries to gut their way through a disorder. What we’ve seen is executives who rise to the top of companies and no one ever knows they have bipolar disorder. Their peers just comment about the amount of energy these people have. Well controlled with Depakote, there isn’t anything near the mortality risk that someone with a mood disorder self medicating with illegal drugs would present.
The good news is that we have life insurance companies and underwriters that agree with our risk assessment. They would rather see someone with a mood disorder that is well controlled and leading a stable life, than someone who doesn’t take the issue seriously. If you have questions or feel like you haven’t received the life insurance rate you deserve because of a mood disorder, call or email. We can help.
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