Canadians With Depression: A Clear Path to Life Insurance

Depression can look different for everyone, and it can be incredibly hard to live with. For some people, symptoms become severe enough to require hospitalization—so it’s understandable to worry that life insurance won’t be an option.

The good news is that a depression diagnosis doesn’t automatically mean you’re ineligible. Many Canadians, even with severe clinical depression, can still qualify for life insurance coverage.

Life insurance for people with depression

If you’re living with depression and worried your treatment could affect your application, Guaranteed Life Insurance can be a simple option. There’s no medical exam and no health questionnaire, so your medical history won’t block you from applying.

Guaranteed Life Insurance highlights:

• Premiums stay level
• Coverage last for a lifetime
• Up to $50,000 tax-free benefit for your beneficiaries
• No medical exams, blood tests, or doctor visits
• Only one health qualifying question: “Have you been diagnosed with a life expectancy of 24 months or less, or are you currently in the hospital or terminally ill?”

You can apply without worrying that your condition or treatment will automatically disqualify you — it only takes a few clicks to get started.