Reader question:

I have been undergoing treatment with a psychiatrist for some mental issues I have, and taking medication. I also drink pretty regularly. Will these require me to get an Albany NY no exam life insurance policy instead of a regular one?

Alan

Good question, Alan.

It’s very likely that the combination of these problems of mental illness and drinking could cause you to need an Albany NY no exam life insurance policy, but not in every case. For one, it depends on the seriousness of each particular issue. If you have very serious mental problems, such as having had a suicide attempt or having been taking medication and undergoing treatment for a long time, then you are already going to have a hard time finding good rates, even if you do keep your illness under control.

Likewise, you might be okay, without the menta illness, if you only have a drink from time to time. However, if you drink a lot and even so much as to be considered an alcoholic, then you will have an even harder time.

Put them both together, and it’s likely that you will have to buy an Albany NY no exam life insurance policy. That is, if you can get insured at all. Try shopping around and talking with an impaired-risk advocate to find a company that will take you.

take care,

Fashun