I hope this will make it clear how much people actually pay on their retirement accounts. Far too many people I talk to don’t realize that they are paying an “expense ratio” on their investment funds.

Ahhh gotcha. We’re basically saying the same thing

I’m not sure what you mean by underwriting it and declining coverage anyway. But you’re correct, it is challenging to get somebody approved for taking medication relating to anxiety/depression. If they have a history of being hospitalized, they will not approve the underwriting.

It’s surprising that your wife got declined for being 10 lbs under weight. If that was truly the only problem, I’d be able to get that approved through just about anybody. Which company did you use?

Typically the limit is 2 years.

Wouldn’t affect the payout, but it would increase your premium.

Typically no. Life insurance companies don’t like anything regarding mental illnesses. Largely because it’s under researched, so they just say “no thanks.”