Is there a difference between how current and historical mental health issues are assessed by a life insurance company?
Yes. People living with current or active mental health issues can still be successful in applying for life insurance cover but would usually have a mental health exclusion clause applied to the policy.
Once they are living symptom and treatment free for a reasonable period of time, any mental health exclusion clause applied to an insurance policy can be reviewed and removed.
This is why you need to work with a specialist risk insurance adviser to find the best insurance application strategy for you and then work with you later for the best policy update and review strategy, as your health improves.
