Reader question:

I have a pretty serious history of mental health problems. I tried to commit suicide a few years ago and have been taking medication ever since. I’m thinking that the cheapest New York NY life insurance quotes online are completely out of my reach, but am I right?

Jasmine

Great question, Jasmine.

Even though you have attempted to commit suicide in the path, the cheapest New York NY life insurance quotes online might still be availble to you, although it isn’t certain. It’s a good thing that you say a few years, for it’s best to hold on for at least tw years after you have tried to commit suicide before applying for life insurance. Your chances for getting good rates get better after those two years.

However, if you have a suicide attempt, or even more than one, then your life insurance companies will be much more vigilant about your application, and much more likely to charge you higher rates. If you want to still get the cheapest New York NY life insurance quotes online, then you have the burden of proof to show them that you have been undergoing treatment for your mental illness, and that you are stable.

Stability is the main thing. If you can hold down a job, go to your doctor’s appointments, pay your bill, go to school, and so on, then you have a lot of proof backing you up that you aren’t a risk. However, if you get too depressed to work often, have to be hospitalized, and so on, then it’s harder.

take care,

Fashun