For life insurance, honesty should be your only policy

Patients with Schizophrenia or Bipolar disorder have to facilitate the insurer with their medical records, physical exam if they are not yet diagnosed and other details like their symptoms, medications, treatments, and any health challenges, etc.

Will I need a medical exam?

NOT necessarily.

Where full disclosure is the best way, there are still options where you can get a policy for no medical exam and no health questions asked.

Policy options

Depending on your condition, you can obtain term life whole life universal and most commonly, guaranteed issue life insurance. Graded benefit death benefit whole life insurance is either less-costly Health Questions Asked and a more expensive no questions asked option; where benefits are lower, the premium is higher and during the graded period, benefits are not paid instead premium is refunded with 10% interest.

Types & Policies

  • Severe Schizophrenia or Bipolar disorder: with sever condition long history and recent symptoms, Guaranteed Issue Policy may be your only option. There is no medical exam or testing. But it is rather expensive and comes with a graded period.
  • Mild schizophrenia or bipolar disorder: For those with no recent symptoms and rather a mild condition, Guaranteed Issue policy will be a good fit but for a good price, you might have to answer some critical questions.
  • Mild bipolar disorder only: Someone with no recent problems or health concerns and little to no medication even with therapy; Universal, Whole life, term life, or table rated policies are available. They are low cost and provide the best benefits.

How Can United Life Help?

At United Life, we like to invest in our customers. Our agents can help you answer queries and satisfy your concerns, with 100% confidentiality. The review process can take up to a few months, according to your situation. We can give you an assessment and find you the best possible options. With the range of companies on board with us, you will be surprised by how many options there are.


Get in touch to learn more.