Is It Possible To Find Life Insurance Coverage As A Diabetic?

Rachel Garland | Life Insurance | 21 Oct, 2015 | No Comments

Did you know that almost 30 million children and adults have diabetes in the United States? In fact, it’s reported that nearly 10% of the entire U.S. adult population has diabetes, including 25% of seniors. Whether you suffer from type 1 or type 2 diabetes, rest assured, you are certainly not alone. There are countless individuals across the country affected by this condition. Many diabetics fear that they are unable to qualify for life insurance coverage or at the very least will have to pay more than they can afford. If you’ve ever had thoughts like these cross your mind, you’ve come to the right place.


The Straight Answer

Can you get life insurance if your have diabetes? Yes, but there are a number of factors that can effect your options. For quick reference though, as long as you are a type 1 or type 2 diabetic who has had their condition under control for at least 6-12 months and possesses minimal outside health risks, you will very likely find coverage. However, it’s important to take note of all the factors that could influence your options.


Facts that Could Influence Your Options

Here you will find some of the most influential factors that can affect your life insurance coverage options as a diabetic.


Number of Contributing Health Risks

The greater number of past or present health conditions the more challenging finding affordable coverage will be. Conditions such as coronary heart disease, obesity, smoking, and uncontrolled high blood pressure can all influence your options in a negative manner. However, the fewer conditions you have outside of diabetes the better your options will be.

Age of Diagnosis

Worried that your late onset of diabetes could increase your premiums? While this rule is not always a guarantee, for the vast majority of cases the older you are at the onset of a diabetic diagnosis the better of you will be in terms of your coverage options.

Type of Diabetes

The type of diabetes that you were diagnosed with can also influence your options. For example, individuals with type 2 diabetes tend to be able to find more affordable premiums than those with type 1 diabetes.

Family History

Insurers will want to see a record of your family medical history. This is one of the few factors that will be outside of your control. Individuals with a family history of pervasive medical conditions will likely face higher premiums while those with an overall positive family history are more likely to face lower premiums.

Medical History

Your own past and present medical history will also play a significant role in your life insurance options. Even with a diagnosis of diabetes you can still often find affordable coverage if you are in otherwise good health.

Glucose/Blood Sugar Levels

This is one coverage factor that is nearly guaranteed to influence your options as a diabetic. Whether you have type 1 or type 2 diabetes insurers will want to know your current glucose/blood sugar levels. Often, this is to determine how severe your condition is along with further insight into your current state of health.



How to Find Affordable Coverage

Not sure how you can find affordable coverage? While there are some factors that are outside of your control, there are many factors that are in your control. In fact, there are plenty of things that you can do to better your chances of obtaining affordable life insurance coverage. The most important? Maintaining a healthy lifestyle. Not only will this help you find better coverage, it will also help you live a healthier and more fulfilling life, which is truly the most valuable thing of all. Be sure to explore all of your coverage options. Not every insurance provider is the same so you’ll want to get an idea of your options before making any major decisions.


Begin your quest for better coverage today with our free term life insurance quote calculator, you’ll only need your zip code to get started.





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