We also help Diabetics with Life Insurance
Are you diabetic and looking for life insurance? Find out why getting coverage can be more affordable than you think.
affordable life insurance for diabetics in 2023
Living in the current Covid 19 environment, diabetic life insurance can still be obtained. People with diabetes have never had so many life insurance options to choose from. Some life insurance providers still have Covid 19 restrictions, many companies do not. Unfortunately, we routinely see other websites advertise companies that do not currently offer life insurance to a person with diabetes. As the life insurance industry continues to evolve, we remain the leading source of information on all things, immigrant, diabetes and life insurance.
Please understand that there is not ONE life insurance company that is always the best option for a person with diabetes. Your age, general medical history, history of diabetes, and gender will determine which companies would be best for you. To determine your options, simply complete an online quote request on this page. Many people with diabetes won’t even need to have a medical exam to qualify for coverage.
Many people with diabetes find obtaining a life insurance policy challenging, and in some cases impossible. This myth is one of the reasons so many people with diabetes choose not to apply for life insurance coverage. Simply put, this is not true. Almost everyone living with diabetes can qualify for some form of life insurance coverage. Insurance is the first and only website that is 100% focused on helping the community with diabetes with their life insurance needs.
People living with prediabetes, gestational diabetes, type 1, type 2 should never stop getting the life insurance they deserve. If you’re ready to start receiving accurate life insurance information, simply fill out a quote request or contact us today. An agent will contact you and guide you through the entire life insurance application process.
Insurance is on a mission to make diabetes life insurance easy and affordable. We want to make the life insurance application process as easy as possible for the community. For those of you who have diabetes, we’ll show your profile to over 70 carriers to help you find the best life insurance rates and policies based on your financial goals and diabetes history. Call us at 877-522-6218 and speak with a licensed agent to discover your life insurance options.
A big part of what we do here at Insurance is working to find the lowest rates available on diabetic life insurance. We advocate daily on behalf of our diabetic clients and are experts in finding the best rates for our diabetic clients. With access to more than 70 life insurance companies, we represent you and not any specific life insurance company. Depending on your overall health and diabetes control, you may qualify for SPECIAL rates, up to 20% cheaper on diabetic life insurance.
Get a life insurance quote
Don’t feel like diabetes will stop you from getting life insurance. We can help you get the coverage you need. Even with the current environment regarding Covid 19 or Coronavirus, you may still qualify for coverage. Affordable life insurance options for diabetics are always changing. However, our team is up to date on the options you may qualify for. We understand that life insurance coverage can never be more important than right now.
Diabetes life insurance can be confusing and frustrating if you work with the wrong agency or agent. Many websites or agents may provide you with false or misleading quotes. You won’t have that experience when you work with us. You will only receive honest and accurate information from us at all times. This is what separates Insurance from other organizations. We are committed to providing a first-class customer service experience when you work with us.
Not all life insurance companies view diabetics in the same way. Securing the best diabetes life insurance rates comes down to choosing the right agent or agency to work with. We’re the ones who will “negotiate” your health profile to underwriters, helping you find the best diabetes life insurance company based on your complete health profile.
DO NOT be fooled by websites offering bogus life insurance quotes. Please note that if you have diabetes, less than 1% of all applicants will receive a Preferred life insurance rating. Unfortunately, many websites advertise these bogus rates to unsuspecting consumers. Life insurance with diabetes or any other chronic disease will generally restrict you from these qualifications.
If you have type 2 diabetes, generally a rating from Standard to Standard Plus will be the BEST possible rating. In some situations, you may get a Preferred rating. If you are a person with type 1 diabetes, you would very rarely qualify for a standard score. Ninety percent of the time your offer for coverage will be less than standard. Which means you will have additional fees tied to your policy.
DO NOT let any agent fool you with fake quotes. There is nothing more frustrating than going through the application process and having your actual rates come back 100-200% higher than the original quotes. If you receive quotes showing Preferred or Preferred Plus ratings, be aware that you are most likely being misled.
Looking for the best life insurance for diabetics ? Let us help you!! If you have diabetes and/or have been turned down for your diabetes life insurance coverage in the past , you may find it impossible to get the protection you need. But the good news is that you can still get life insurance no matter what type of diabetes you have, you just need to know how and where to look.
That’s where Myfinancialservicesca.com helps people like you! Our agents work extensively with the diabetes community and have helped thousands of diabetics obtain life insurance policies. Finding diabetes life insurance is not as difficult as you might think. To start receiving information about diabetes life insurance, simply contact us. We are happy to speak with you at (877) 522-6218. A quick 5 minute call is all it takes!
Diabetes Statistics for 2021
Diabetes is increasing at an alarming rate in the United States. According to the CDC’s (Centers for Disease Control) National Diabetes Statistics Report for 2020, diabetes cases have risen to approximately 34.2 million. Below is a summary of the latest diabetes statistics included in the CDC report.
How many people have diabetes?
- 34.2 million people, or 10.5% of the US population, have diabetes. An estimated 26.8 million people, or 10.2% of the population, have been diagnosed with diabetes. Approximately 7.3 million people have diabetes but have not yet been diagnosed (2018).
- Diabetes affects all social, economic and ethnic backgrounds.
- Type 1 diabetes accounts for approximately 5.2% of all diagnosed cases of diabetes, affecting approximately 1.6 million people.
New cases of diabetes in adults and children
- In 2018, an estimated 1.5 million new cases of diabetes were diagnosed among US adults 18 years and older.
- This includes approximately 210,000 children and adolescents under the age of 20.
- During 2014-2015, the estimated annual number of newly diagnosed cases of type 1 diabetes in the US included 18,291 children and adolescents under the age of 20*.
- The annual number of children and adolescents 10 to 19 years old diagnosed with type 2 diabetes was 5,758.
How to get life insurance with diabetes
The first step in obtaining a diabetes life insurance policy is to complete a request for quote. Or call us at 877-522-6218. To receive real and accurate information, an agent will need to know more about your diabetes and your overall health history.
Next, we’ll ask you about your need for life insurance and gather details about your financial goals. Once our research is complete, we can help create a plan for the best way to apply for coverage.
LIFE INSURANCE FOR DIABETES – WHAT INSURERS NEED TO KNOW
While diabetic life insurance may be a bit more difficult to obtain, it is not impossible to get approved. You’ll want to be prepared to share details of your general health history with your life insurance agent.
In general, life companies are concerned about the risk an applicant will have in terms of having to pay an expensive claim if the company accepts the person for coverage. With this in mind, a life insurance company will need to know how and how your body responds to any of the treatments you receive for your diabetes.
According to the National Diabetes Information Center , type 2 diabetes affects approximately 90 to 95 percent of people with diabetes in the United States. In recent years, this disease has become much more common than it was in the past.
However, type 2 diabetes is also more sensitive to diet and exercise than type 1 diabetes . Furthermore, this type of diabetes is also more sensitive to oral medication and insulin. Therefore, there are a number of questions that life insurance carriers will ask you regarding your treatment.
Life insurance subscribers will want to know about your general health and diabetes history. This information will let them know if you are eligible for coverage and, if eligible, what grade they would offer you. All life insurance companies will see a person with diabetes as having a different health profile. A life insurance company may rate you higher because of your diabetes condition, where someone else would accept you without further rating. To determine which companies will be the most competitive, you will need to work with an independent life insurance agent to help you navigate the diabetic life insurance market.
KIND OF QUESTIONS
Here are some examples of questions insurance companies will ask about your diabetes history and treatment:
- At what age were you diagnosed with diabetes?
- What type of diabetes do you have (Pre, Gestational , Type 1 or Type 2)?
- What are your current blood glucose/sugar readings ?
- How often do you test your blood sugar levels?
- What diabetes medications have you been prescribed for your condition, if any?
- Do you use any technology to help control your diabetes? Perhaps an insulin pump or continuous glucose monitoring device?
- Any history of diabetes-related complications?
- Do you have any additional health risk factors ?
- Do you follow an exercise and diet regimen?
- Do you follow your doctor’s orders?
- How often do you visit your endocrinologist or doctor?
OTHER QUESTIONS
In addition to disease-specific questions, underwriters will also review life insurance application information for coverage. This will include basic information about your:
- Age
- Gender
- Height and weight
- Smoking status/tobacco use
- Any other health problems besides diabetes?
- Any history of past or future foreign travel ?
- Occupation and income
- General health and medical history
- Family health and medical history
An insurer will use every part of your lifestyle to determine what plans and rates you will be eligible for. The better your risk profile, the better and cheaper life insurance options you will have! These health questions are only one part of the life insurance underwriting process .
WHAT TYPES OF SUBSCRIPTION CAN PEOPLE WITH DIABETES CHOOSE?
People with diabetes will have two different subscription types to choose from. Fully underwritten and no medical exam.
If you choose a fully underwritten policy, you will be subject to a blood test, as well as a paramedical exam. A paramedical exam is simply having an examiner visit you at your home or place of business. They will ask pertinent questions about your health history and collect a blood and urine sample.
Those results, plus a review of your diabetes and medical records, will be sent to a subscriber. All of your health information and lab results determine your risk to an insurance company. That risk will then tell you what life insurance rates you are eligible for.
The better your diabetes control and overall health, the better life insurance rating you will be offered. The better the insurance rating, the lower the premiums.
If you’re a diabetic looking for a no-exam life insurance policy, you’ll have options. Instead of the companies running a blood and urine test, they will simply ask you to answer basic health questions and provide details about your diabetes history.
In addition to this, the companies will perform a prescription history check and MIB ( Medical Information Bureau ) review. Your answers on the application and the information collected from the background check will determine your eligibility.
If you have type 1 diabetes, you will only have a few options to choose from. However, if you have prediabetes or type 2 diabetes, chances are there are more options to choose from that don’t require a medical exam. One of our agents will be happy to assist you and determine what options you will have. Just contact us and let us do all the hard work!
diabetes term life insurance
For many people with diabetes, they would initially need a term life insurance policy. Diabetic term life insurance is easier to qualify for than most realize. Over the last 9 years, we have found term life insurance policies for nearly 90% of our applicants who applied through us.
Finding the “right” company for term life insurance is key if you want to minimize the amount of premiums paid over the life of the policy. If one life insurance company charges 25% more per year than another, this could lead to spending thousands of dollars more than necessary.
Let an Insurance agent work with you and help you find the best term life insurance policy possible.
These are some basic features of the term life insurance policy :
- immediate death benefit
- Guaranteed premiums for the length of the term you select
- Provides a lump sum and tax-free death benefit to the beneficiary
- The death benefit will remain level for the duration of the initial term
- The policy can be converted to a type of permanent coverage without undergoing any further medical assessment or evaluation.
LIFE INSURANCE WITH TYPE 1 DIABETES
Type 1 diabetes is typically diagnosed in young adults and children, and was previously known as juvenile diabetes. However, it is increasingly common for people to be diagnosed with type 1 diabetes at a later age. Only 5% of people with diabetes have this form of the conditions or diseases.
Over time, life insurance companies have begun to underwrite the type 1 diabetes community more fairly. Gone are the days of being automatically disqualified due to having Type 1 diabetes. In fact, life insurance rates are at an all-time low for Type 1 diabetics.
According to the American Diabetes Association : “In type 1 diabetes, the body does not produce insulin. The body breaks down the sugars and starches you eat into a simple sugar called glucose, which you use for energy. Insulin is a hormone that the body needs to get glucose from the blood into the cells of the body. “With the help of insulin therapy and other treatments, even young children can learn to manage their condition and live long and healthy lives.”
When it comes to life insurance and type 1 diabetes, life insurance companies will see you as a “higher” risk, compared to people with other types of diabetes. Life insurance for type 1 diabetics will also tend to be more expensive, compared to other types of diabetes. Many people who have type 1 diabetes think they can’t qualify for life insurance coverage. That is simply not true. Click here for a full article on type 1 diabetes and life insurance.
However, affordable type 1 diabetic life insurance can be obtained. Our experience working with the diabetes community can help you and your family save thousands of dollars over the life of the insurance policy.
We know which companies can offer the best rates and even discounts for people with type 1 diabetes. Once we know your complete health profile, we can recommend companies that will be a good fit based on your financial goals. An example of this is that if you use diabetes-related technology, some companies offer you better rates. Other companies may offer discounts if you exercise regularly and live a healthy lifestyle.
Let us help you find the best type 1 diabetes life insurance companies that will reward you with lower life insurance premiums!
LIFE INSURANCE WITH TYPE 2 DIABETES
Diabetes is a problem with your body that causes blood glucose (sugar) levels to rise higher than normal. This is also called hyperglycemia. Type 2 diabetes is the most common form of diabetes.
Fortunately, according to the American Diabetes Association: “If you have type 2 diabetes, your body doesn’t use insulin properly. This is called insulin resistance. At first, your pancreas makes extra insulin to make up for it. But, over time, it’s not able to keep up and can’t make enough insulin to keep your blood glucose at normal levels.”
People with type 2 diabetes will typically have an easier time buying life insurance, compared to someone with type 1 diabetes. Life insurance companies will see this as more favorable risk and generally lower rates. In fact, most people with type 2 diabetes score STANDARD or better in terms of life insurance offers. Basically, this means that your rates would not be higher because of type 2 diabetes.
Most companies are not necessarily concerned with the types of medications you are taking, but rather what is the overall control of your type 2 diabetes. A person might be taking insulin, oral medications, or perhaps a combination of the two to control your diabetes condition. If you can control your diabetes with diet and exercise, the companies will consider you for preferential rates. YEAH! The same rates that qualify for people without diabetes! Click here for a complete article on life insurance for type 2 diabetics.
Type 2 diabetes life insurance rates are also at an all-time low. Finding type 2 diabetes life insurance has never been easier! Life insurance companies even offer discounts for people who use FitBit, exercise regularly, and maintain a healthy lifestyle. These discounts can equal thousands of dollars over the life of the policy.
Many companies even offer life insurance without a medical exam for type 2 diabetics. These life insurance policies can be approved in a matter of minutes or days. Life insurance policies like these are great for people who are in a hurry and need life insurance for an SBA loan or divorce bond . Or if you simply don’t have time to complete a paramedical exam, no-exam life insurance may be perfect for you.
LIFE INSURANCE WITH PRE-DIABETES
You may not have type 1 or type 2 diabetes, but you may be considered prediabetic. According to the Center for Diabetes Control and Prevention, nearly 84 million people may have prediabetes. But how does being prediabetic affect your life insurance rates or your ability to qualify for life insurance?
The main concern life insurance underwriters will have is what your A1C rating is. In general, having Pre-Diabetes means that your A1C is between 5.6% and 6.4%. If you are in this range, you will NOT have any problems qualifying for life insurance. If your A1C is above this range, don’t worry. You will most likely still qualify for life insurance coverage.
The companies will want to make sure that you are seeing a doctor and that you follow their instructions. Many people with pre-diabetes will qualify for Standard – Preferred Plus insurance rates. You’ll also have several no-exam life insurance options to choose from if you want to skip a paramedical exam. In addition to asking questions about Pre-Diabetes history, companies will want to know the following:
- current height and weight
- Medications currently prescribed
- Any other major health problems
- Any tobacco use?
Finding prediabetes life insurance should be a fairly easy task for you. To find out what your options are, or if you qualify for special rates, simply contact us. An agent will access your health profile and provide you with accurate life insurance information.
LIFE INSURANCE WITH GESTATIONAL DIABETES
Gestational diabetes is a condition that starts when your body can’t make and use all the insulin it needs for pregnancy. Without enough insulin, glucose cannot leave the blood and be changed to energy. When glucose builds up in the blood at high levels, this is called hyperglycemia.
According to the American Diabetes Association: “During pregnancy, usually around the 24th week, many women develop gestational diabetes. A diagnosis of gestational diabetes does not mean that you had diabetes before you conceived, or that you will have diabetes after giving birth. But it’s important to follow your doctor’s advice regarding blood glucose (blood sugar) levels as you plan your pregnancy, so both you and your baby stay healthy.”
Life insurance companies will generally not rate you higher if you have a history of gestational diabetes. Assuming you’ve followed your doctor’s treatment plans, you could easily qualify for Standard to Preferred life insurance rates. These are the same types of rates that people without any type of diabetes receive.
Many people who think that gestational diabetes life insurance can be difficult to obtain. The truth is that it is very easy to qualify. You just need to work with the right agent, who specializes in working with people with diabetes. Someone like http://www.myfinancialservicesca.com!
CHILDREN WITH JUVENILE DIABETES
Worldwide, the incidence of diabetes is on the rise, and consequently so is diabetes among children. Diabetes is the most common metabolic disease in young people today. One of the first signs of diabetes in children is increased urination and thirst. When blood sugar is high, it causes a reaction in the body that draws fluid from the tissues.
According to the American Diabetes Association: “Approximately 90% of young people with diabetes have type 1 and the number of patients who are children varies from place to place.”
Many parents tend to want to purchase life insurance for their children. We believe this can be a great long-term financial product for your family. The problem is that finding a life insurance policy for a child with diabetes can be daunting.
Here at myfinancialservicesca.com, we have discovered that certain life insurance companies will actually offer life insurance for children with diabetes. Knowing that life insurance policies like these were needed by the diabetes community, we have insured them for our clientele. If you are looking for life insurance for your child with diabetes, simply contact us and we can share the options you will have.
IN CONCLUSION
Your overall condition and the way you manage your health is what will increase or decrease your chances of getting any type of diabetic life insurance coverage. Whether or not you follow your doctor’s advice regarding the proper management of your diabetes is your choice. Whether or not you are following your doctor’s orders will be a major concern for life insurance companies.
Keep in mind that the better you manage your health with the specific diabetic condition you have, the better your chances of getting a policy at a reasonable price.
QUESTIONS ABOUT LIFE INSURANCE WITH DIABETES AND ANSWERS
FREQUENTLY ASKED QUESTIONS AND ANSWERS.
If I have diabetes, can I get life insurance?
Absolutely. Life insurance rates are at an all-time low for diabetics. More companies are considering people with diabetes for coverage than at any other time. Depending on your level of diabetes control and other medical history, you may qualify for the same life insurance premiums that people without diabetes receive.
Is it difficult to get life insurance with Diabetes?
No, it really isn’t. It can be a bit tricky, depending on your overall health profile. Life insurance companies have come a long way over the years in making it easy to get diabetes life insurance. The key is to work with agents who are properly trained to work with the diabetes community. Many websites and agents provide false or inaccurate information. This is sad but it happens routinely. When you work with us, you will only receive REAL and ACCURATE information.
Can I qualify for life insurance if my A1C is over 8.5?
The A1C test is something that tells your insurer whether or not you are in good control of your diabetes by showing your average blood sugar level over 3 months. The results of this test help the insurance company to evaluate your case in terms of risk. Ideally, a subscriber would want their A1C level to be below 7.0, which means the chance of diabetes-related complications is minimized.
What amount of life insurance can I qualify for?
Depends. There are countless factors that affect how much coverage you may qualify for. As long as you can financially justify the amount of coverage you’re looking for, most companies should be able to provide the amount needed. When calculating your benefits, subscribers are likely to place a greater emphasis on how you manage your type 1 or type 2 diabetes, what medications you currently take, and at what age you were diagnosed with this chronic disease.
Does diabetes affect life insurance rates?
The answer to this question will ultimately depend on several factors. Diabetes is considered a chronic disease, and life insurance companies may view it as a “higher” risk in terms of underwriting. In some circumstances, diabetes will NOT impact life insurance rates. For some people with diabetes, you will pay higher premiums for life insurance.
What types of life insurance policies can diabetics qualify for?
Most people with diabetes can qualify for all of the same types of life insurance policies as people without diabetes. This includes term life insurance , whole life insurance , universal life insurance . Depending on what your financial needs are, you may be able to get the right type of life insurance.
What medical records do I need to provide an insurer?
As you may already know, the insurance application process begins with a review of your health profile. It is intended to help subscribers learn more about their case. In order to make an unbiased decision about whether or not you qualify for a life insurance policy, they will require medical records and documentation from your endocrinologist or physician for:
Do you have to have a medical exam to qualify for diabetes life insurance?
No, you don’t have to. Depending on your situation, you may qualify for multiple no exam life insurance policies . Some life insurance companies may offer the same rates as if you completed a paramedical exam. When you work with us, we’ll provide you with options and if you meet the subscription criteria. Many times, it is better for a person to take out a life insurance policy without a medical exam, compared to a blood and urine test.
How can I compare diabetes life insurance quotes and different types of policies?
For everyone with type 1 or type 2 diabetes, it takes a lot of effort and time to find the right insurance company, the right coverage plan, and responsible agents. There are a large number of insurers in the United States these days, which makes the process more confusing. Don’t let all this overwhelm you!
HOW MUCH WILL YOUR DIABETIC LIFE INSURANCE COVERAGE COST?
In many cases, diabetic life insurance will cost more than the average insured in good health. However, the actual cost of your policy will ultimately depend on your general state of health.
With most insurance companies, there are five main rating classifications for policyholders. These classifications, or classes, will also influence the amount of premium paid by the insured. These include:
- Preferred Plus – Those who earn a preferred plus rating are considered the healthiest. These policyholders are in excellent health and will therefore pay the lowest amount of premium as they represent the least risk to the insurer.
- Preferred – Those who score a preference rating are also considered very healthy and will therefore pay a low premium as well. While they are not considered to be in “excellent” health like those in the Preferred Plus category, they are still considered to be above average.
- Standard Plus – Those who are in good overall health, but not quite in a Preferred status, may receive a Standard Plus rating.
- Standard – Standard policyholders are typically those who are considered to be of “average” health, height, and weight.
- Below Normal – Those who fall into the Below Standard classification usually have some type of adverse health condition. Because of this, they are considered to represent a higher risk to the insurer, and to offset that risk, they are charged a higher amount of premium. There are usually several levels of substatus, depending on the severity of the condition or the amount of risk the insured poses to the insurer.
Advice for you. If a website quotes preferred rates, you are most likely being misled. Only 1% of all diabetes applicants would receive those types of ratings from a life insurance company. Be aware of this and don’t be fooled.
For those who have diabetes, it is possible to receive life insurance offers, which do not have “extra” premiums or table qualifications. You could fall into the Standard rating category and therefore pay an average amount of premium for your coverage. What this means is that there are no additional life insurance premiums for having diabetes.
Type 1 diabetics or type 2 diabetics who also have minor complications of diabetes are more likely to fall into one of the standard to non-standard categories. Life insurance companies are aware that people with diabetes tend to develop some type of complication. If you have one, at the time of application, companies may charge 20% to 25% higher premiums.
In some cases, a person with diabetes may qualify for Standard Plus , Preferred or Preferred Plus rates . If you want to get an idea of the insurance rating they can offer you, just give us a call at 877-522-6218. An agent would love to talk to you! To receive these types of favorable rates, you’ll need optimal control of your diabetes, no other major health problems, and an ideal height and weight.
If you can’t qualify, even for any of the Substandard categories, on a traditionally written policy, there are still options available to you. One such option is to look into a guaranteed acceptance life insurance policy . This type of coverage will not require you to have a medical exam to qualify. There are also no health questions. However, because these life insurance policies are being designed for people in general poor health, the premium for coverage will be much higher. Additionally, coverage amounts are generally limited to between $10,000 and $50,000.
$250,000 Term Life Insurance [Female – Non-Tobacco User]
| 40 year old woman | 50 year old woman | 60 year old woman | |
|---|---|---|---|
| 10 year term | $20 to $40 per month | $35 to $56 per month | $72 to $93 per month |
| 15 year term | $24 to $45 per month | $46 to $63 per month | $104 to $125 per month |
| 20 year term | $29 to $52 per month | $57 to $75 per month | $139 to $162 per month |
$250,000 Term Life Insurance [Male – Non-Tobacco User]
| 40 year old man | 50 year old man | 60 year old man | |
|---|---|---|---|
| 10 year term | $20 to $39 per month | $47 to $64 per month | $110 to $130 per month |
| 15 year term | $26 to $46 per month | $57 to $70 per month | $145 to $170 per month |
| 20 year term | $33 to $52 per month | $74 to $100 per month | $199 to $226 per month |
TIPS FOR LOCATING QUALITY AND AFFORDABLE COVERAGE
Those looking for diabetic coverage can’t always depend on going to just one insurer and getting the best deal, or even getting accepted for a policy. That’s why usually your best course of action is to work with a company that has access to a number of different insurers. That way, your choice of carriers (and premiums) will expand exponentially. So you want to work with people who KNOW how to work with the diabetes community, like myfinancialservicesca.com!
You should also be aware that many websites and agents provide FAKE life insurance quotes to the diabetes community. They do this to “trick” you into applying for coverage, and then when the offers come back, they will be much higher. To us, this is an unethical way of doing business, but it happens frequently.
The truth is that not all life insurance companies write policies the same way. What may constitute a decrease to one insurance company may be acceptable to another. For this reason, it’s definitely worth shopping around and that’s why we’re so effective here at myfinancialservicesca.com in getting you the best diabetic life insurance rates.
PREPARING FOR A LIFE INSURANCE APPLICATION AND EXAMINATION
When you have diabetes, subscribers will take extra time to see the extent of your condition. Whether you have Type 2 Diabetes or Type I Diabetes, getting all of your medical information in order ahead of time will make a big difference in how quickly and how well you can get your life insurance policy. Since anyone who has any type of health problem will be qualified on a case-by-case basis, you should follow these tips :
- Have the name, address, and phone number of all your doctors.
- Check with your doctor to make sure they have all the documentation for your treatments, as well as any follow-up reports.
- Keep a current list of all medications and the dosage for each.
- Be careful not to miss any doctor’s appointments that are related to your life insurance plan application.
Having all of these items up to date and online will make it much easier to find affordable life insurance with diabetes.
WHERE TO FIND THE BEST LIFE INSURANCE COVERAGE FOR DIABETIC PEOPLE
When looking for the best diabetic life insurance , we can help. We work with many of the top-rated diabetic life insurance companies on the market today, and we can work with you to compare policy benefits and premium prices so you can find the coverage that’s best for you. your needs and budget.
It’s easy to get all the important information you need, right from the comfort of your computer, without having to meet with an insurance agent in person. And, you can have the details you need in seconds, not days or weeks. To start the process, all you need to do is simply use the form on this page.
If you have any questions about finding the best diabetic life insurance coverage or comparing premium prices, please don’t hesitate to contact us. We have experts who can answer any of your questions or concerns so you feel comfortable moving forward. You can contact us toll free by calling 1 (877) 522-6218.
The process of finding and purchasing diabetes life insurance is an important decision. However, not having this coverage can leave your loved ones without essential financial protection in case the unexpected happens. Don’t leave your loved ones vulnerable, it’s possible to get the coverage you need and more affordable than you think.
Companies that do not require medical examinations for diabetics
Here at Insurance, we love working with life insurance companies that offer affordable rates, high quality life insurance policies, and do not require a medical exam. Many no-exam life insurance policies will come with living benefits at no additional cost.
In our opinion, one of the biggest mistakes a person with diabetes can make is paying more for their life insurance policy. This is usually due to thinking that they do not have various options available to them. Even if you have diabetes, you will have several life insurance options that do not require a medical exam available to you.
Getting approved for a no-exam life insurance policy doesn’t have to be difficult. While working with one of our licensed life insurance representatives, you will be asked about basic health and diabetes questions. This information would be needed to determine which life insurance companies can offer you coverage, without undergoing a medical examination.
Certain companies can still order medical records and review the last four or five years of your medical records. The information in your files will ultimately determine your life insurance premiums. This can take up to 30 days to make an underwriting decision. Other companies may simply do a MIB and prescription drug background check to support your health questionnaire answers. Cases like this can be approved in 24 to 72 hours.
For those who don’t want to meet with an examiner, a no-exam life insurance policy may be ideal. Especially with the coronavirus or the Covid 19 situation. Simply contact us at 877-522-6218 and we will provide you with all available options.
BURIAL INSURANCE FOR DIABETICS
If you are like many people with diabetes, you may be looking for a burial insurance policy or a final expense insurance plan. These types of policies are designed to help your family address the various costs of funerals, burial costs, and final expenses that come at the end of your life.
Here are some features of the policy:
- Whole life policy that will maintain the same price and death benefit for life.
- Pays 100% of the death benefit from day one (no waiting period)
- No exclusions except suicide in the first two years.
- Cash value that can be borrowed or converted to a reduced payment policy if you no longer wish to pay premiums
- Does not require an exam or medical records for approval, just a short phone interview
At the time of death, the policy pays the entire death benefit to the designated beneficiary. Depending on the insurance company you choose, payments are usually made in 2-3 days. Additionally, policies may be assigned to a funeral home, where the benefit is paid directly to a funeral home.
One of the best known burial insurance companies on the market. They will accept people with type 1 diabetes and type 2 diabetes, as long as they were diagnosed at age 50 or older. You cannot have any complications of Diabetes to qualify for your Product Death Benefit Level.
Another life insurance company you may not have heard of. They are competitively priced and very suitable for diabetics. For your product, you cannot have complications such as amputations, diabetic coma, or kidney disease. They also do not have a minimum age requirement for the onset of diabetes.
This is an insurance company you may never have heard of, but one you should know about. They have fantastic rates, provide exceptional customer service, and pay your claims in a very timely manner! If you are diagnosed with any type of Diabetes after the age of 30, you will be considered for coverage. Also, if you have certain types of complications from diabetes, you will still be considered for coverage.
Type 1 and Type 2 Diabetes are welcome to apply. However, if you are taking insulin, it should be below 50 units of insulin administered daily. It is an excellent company which provides excellent customer service and is easy to work with. Very competitive rates.
These are just a few examples of companies that may offer diabetic burial insurance coverage. You can speak to an agent, provide them with your health profile, and we’ll let you know which companies you’d qualify for. The phone call takes 5 minutes or less, and you can call us at 877-522-6218. Or you can request an instant quote and we’ll provide you with some final expense insurance options.
Processing your search for and purchase of diabetic life insurance is an important decision. However, not having this coverage can leave your loved ones without essential financial protection in case the unexpected happens. Don’t leave your loved ones vulnerable, it’s possible to get the coverage you need and more affordable than you think.
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