Your Diabetic Life Insurance Questions Answered
It is very possible to get affordable life insurance if you have diabetes. If you have it under control with no additional health risks, you are very likely to get full coverage. Even if that is not the case, there are still many options to find the coverage that you need.
Can I get life insurance as a diabetic?
If you have Type 1 or Type 2 diabetes and it has been under control for a period of 6 to 12 months, or are insulin dependent, you can get life insurance. If you have additional health risks such as coronary heart disease, smoking obesity, or uncontrollable high blood pressure, you may end up paying large premiums for your coverage.
Do I need to take a medical exam?
You can get life insurance without a medical exam but you may need to complete a diabetic questionnaire. People with Type 2 diabetes will find it easier to get insurance without having to complete an exam. Keep in mind that any life insurance policy that doesn’t require a medical exam is always costlier than a policy that requires one.
Is life insurance more expensive for diabetics?
The cost for life insurance for diabetics tends to be higher than average consumers. The life insurance premium will depend on:
- When you were diagnosed
- Additional health risk factors
- Family history
- Medical history
- Weight and height
- Type of diabetes
- Glucose/blood sugar levels
- Medication you are taking
Typically, rates for Type 2 diabetes tends to be more affordable than rates for Type 1, but even Type 1 life insurance policies can be inexpensive.
Is there affordable life insurance for me?
Yes! To keep your search for affordable life insurance quick and easy, contact Remland Insurance. We will guide you each step of the way and streamline the process of choosing a life insurance policy based on your needs, health, and budget. Contact one of our independent agents today!