Insurers have been accused of depriving access to life insurance and other kinds of cover to people with depression and anxiety, even for physical conditions unrelated to their mental health.
People who have suffered even mild mental health conditions or one-off episodes say they have been refused life insurance altogether, aggravating their financial insecurity.
Dozens of complainants have been in touch with the Guardian about the alleged discrimination. Charities and campaigners described the findings as “extremely worrying” and showed that insurers were operating based on an outdated understanding of mental illness.
In some cases, insurers appear to base their refusal on long-distant episodes of depression or anxiety, or when customers admit to having had suicidal thoughts or self-harming noted on their medical records. These customers are then allegedly deemed unsuitable to insure even for circumstances where death is not linked to a mental condition.
Source: People with mental illnesses refused access to insurance cover : The Guardian