Here is something that insurance companies do to protect themselves: A lot of life insurance policies don't pay off for death during the first 2 years of the policy, if the cause of death is suicide.

I would not necessarily disclose everything about my mental health history to a life insurance company. You don't have to. The question is: are you withholding information that would make you guilty of fraud in the eyes of a court . . . or that would substantially alter your risk profile? Not every single thing in your history comes up to that level of importance.

For instance, if you withheld some psych info and your death occurred consequent to something unrelated to your psych history, your policy would probably have to pay off despite that.

Have you noticed how some offers of life insurance say that you only have to answer 3 simple questions? Then you see where answering those questions comes out to be your whole life story. Like: Have your ever had any one of the following disorders/diseases? Then they list almost every important disease known to man. That's more than one question IMO.