Yes, depression can affect life insurance rates. Life insurance companies take various factors into consideration when determining premium rates, including your overall health, lifestyle, and medical history. If you have been diagnosed with depression, it may be seen as a pre-existing condition by the insurance company, which can result in higher premiums or even denial of coverage. However, it's important to note that not all cases of depression will lead to increased rates or denial of coverage. The impact on your rates will depend on the severity of your condition, your treatment plan, and how well you manage your depression. It's always recommended to be honest and transparent about your medical history when applying for life insurance, as withholding information can lead to complications later on. If you're concerned about how depression might affect your life insurance rates, it's best to consult with an insurance professional who can help you understand your options and find the best coverage for your needs.