While underwriting guidelines can and do change and there are exceptions made with regard to the following, usually, if you’ve been diagnosed with Diabetes after age 55 to 60, have excellent control (A1C of 6.5 or less), no diabetic complications, good height and weight, you’re a non-tobacco user and your overall health is excellent otherwise, you MAY be able to qualify for a “Preferred” life insurance rate (possibly Preferred Plus) with some of the aggressive life insurance companies for Diabetics.
If you have diabetes that was diagnosed after age 50 (but prior to 55-60), have excellent control and all else is good, you will most likely qualify for a Regular Plus or Regular rate. Preferred rates may still be possible under this scenario.
Being diagnosed with Diabetes prior to the age of 50 will usually cause insurance companies to “rate” you or only offer a rate that is higher than the “Regular” rates. The rating for which you’ll qualify will depend on your exact age when diagnosed, whether you’re Type 1 or Type 2, your degree of Diabetic control and overall health otherwise. The actual cost could be only a little bit higher than the Regular rate to a lot higher than the Regular rate, depending on your particular diabetes criteria.
There are currently a couple of aggressive insurance companies for diabetics that are offering Regular or Standard rates right now to diabetics diagnosed above age 40 with excellent control (i.e. A1C under 7.0), as long as these diabetic’s health checks out as very good otherwise.
If you’ve had diabetic complications like kidney failure, leg amputations or blindness, then most of the life insurance companies would decline you for insurance.
Let Us Help Get You The Best Diabetic Life Insurance Rates
Call us or just request a quote to the above right and provide your contact info or you can send an email to [email protected] and we’ll start the process of getting you the best life insurance rate possible no matter what your diabetes history may be.
For people that would normally be declined for insurance, we can offer a no health questions and no exam term plan that is available to anyone that is employed and working at least 20 hours per week.
We can also offer simplified issue or guaranteed issue products to diabetics with more serious complications. These simplified issue or guaranteed issue types of life insurance products are specifically for people with more severe health issues. We only use these products as a last resort as they are expensive and they would not pay out the full death benefit amount if death occurs in the first 2 to 3 policy years if death was due to diabetes. or another disease/illness.
The good thing is that almost everyone with diabetes is able to get life insurance coverage. You can get a quote for your diabetes life insurance needs to the above right. Provide at least your valid email address and we’ll contact you with information and best rates for you.
Or simply call us at 1-800-380-3533 or email us and we will do everything we can to get you the best life insurance rate if you have diabetes.