Life Insurance for Diabetics can be a challenge but is not impossible. I have personally helped many people, with Diabetes, obtain life insurance policies. My goal is to find the best and hopefully affordable Life insurance for diabetics.
What Type of Diabetes do you work with?
What Information is needed?
The key to success is “Control”. This is what carriers are looking for. You must know your current A1C reading . Also, having a good overall history of your A1C readings is very helpful. Other important factors are your Height and Weight, age you were diagnosed , smoker or no smoker, medication taken etc.
What can I apply for?
We have both Term and Whole Life insurance for diabetics. To get the best rate it is always good to consider doing a full medically underwritten plan. However, depending on your current known health status, we may be able to apply through a carrier who may not require a medical exam. However going with a no medical exam is going to make the premiums more expensive. Read more about No Medical Exam Polices.
I also have carriers that offer simplified issue ( Whole Life for Type 1 Diabetics) policies that simply require answer Yes and No to some questions. All carriers will check the Medical Information Data Base ( MIB) along with a Pharmacy and DMV report.
What type of questions will they ask me?
Here is an overview:
Date of Diagnosis
Height / Weight
Weight one year ago
Dr’s name who supervises your Diabetes
How often do you visit the Dr
Date of last visit
Do you follow a strict diet
Insulin use ( They may be able to work with Type 1 Diabetics)
Do you take oral tablets – will need names and dosage amounts
Any treatment change in the past 2 years
How often do you check you blood sugar level
Last Blood Sugar Reading and the Date the reading was taken
Usual Blood Sugar reading and the date of this reading
Last A1C reading and the date it was taken
Have you experienced a Diabetic Coma , acidosis so severe that it required hospitalization
Ever had insulin shock
Missed any work do to diabetes or associated conditions
They will ask if you have any other problems: Elevated Blood pressure, Heart Trouble etc.
How do I start the process?
Contact me for a completely free , no hassle, no pressure consultation in regards to Life Insurance for Diabetics.
I am asked this question almost every day “Can you get life insurance if you have diabetes” and I think, in most cases we can provide some time of coverage!
Fill out my contact form or give me a call. My number is 512-963-5000