Life Insurance for Diabetics
For diabetics buying life insurance the costs can be considerably higher. That said many diabetics are paying too much for life insurance. Many agents are not knowledgeable of diabetes and how different life insurance companies view this and other factors. They key is finding an agent who doesn't just view you as a diabetics, but one who sees you as an individual with a number of factors and finds the right insurance company to meet your unique needs.
Type l diabetics may not be rated if their A1C level is 8 or less and the proposed insured meets all other underwriting criteria as well.
Type ll diabetics or adult onset are more liberally underwritten in the life insurance industry. Some carriers will only entertain this risk if the A1C level is 6.5 or less. If higher, a rating will be assessed to the base premium. Other carriers are more aggressive and will not rate up to an A1C of 8. Above 8 those life insurance carriers that will entertain this risk will assess a rating.
In addition to weight, medication, overall health and lifestyle is viewed when underwriting diabetics for life insurance. If you have type 1 or 2 diabetes, you know that blood sugar control, a balanced diet, weight management, regular exercise, and checkups are vital to your health. Taking special care of every part of your body to avoid serious complications is just as critical.
For a free online quote, please fill out the short form below.
|
