Underwriting mental illness
Underwriting mental illness for the purposes of life insurance presents unusual and interesting problems. This particular area of underwriting, perhaps better than any other at the present time, illustrates the challenges of changing knowledge, classification, treatment and disposition with, if not an increasing incidence of mental illness, certainly an increasing incidence of its recognition in the general population as well as of patients returning from hospitals, clinics and private physicians to the Market Place as potential candidates for the purchase of life insurance. It is representative of the increasing importance of clinical projection as a vector of appraisal in the competitive skill of underwriting individual lives. Diagnostic categories of mental illness are rather nicely established, certainly sufficiently so to establish, with some precision, groups of sufficient size for underwriting purposes. However, the assignment of lives to these categories with enough diagnostic agreement to form homogeneous groups probably leaves much to be desired.
KeywordsMental Illness Life Insurance Somatic Disorder Risk Appraisal Inspection Report
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