Diabetes and Life Insurance

Does diabetes affect my insurability?

Neither Type 1 nor Type 2 diabetes excludes you from life insurance.  Diabetes will increase the cost of coverage in most cases, but at Wholesale Insurance, even diabetics may qualify for standard rates.

Diabetes represents a significant health risk, which dramatically reduces the longevity of some individuals.  This liability makes life insurance all the more relevant for diabetics, but for the same reason, most diabetics end up paying higher prices:

• If your diabetes is well under control, your coverage will probably end up costing 50% more than a standard rate.
• If you require insulin injections, your life insurance will likely be twice the ordinary cost.
• If complications have arisen because of your diabetes (complications like heart or kidney disease) you may likely be declined life insurance.

What can I do to get the cheapest rates?

First, take good care of yourself.  Your continued wellbeing is our highest regard.  Control your blood sugar, blood pressure, and weight through wholesome diet and exercise.  Monitor your glucose and A1c levels diligently.

Second, talk to one of our helpful agents, and let us get to know you.  We may find a reason why your coverage should be cheaper.  Call 1-800-823-4852 now to speak with an agent.

What we will ask you

Here are some specifics which any insurance company will want to know:

• A1c or fructosamine
• Blood sugar
• Height:weight—In recent years, obesity accounts for an astronomical sum of preventable healthcare costs.
• Age of onset—Even Type-1 sufferers can procure life insurance, but cheaper rates generally correspond to later onsets.
• Control— Your prospect is most favorable if you control your diabetes well and can do so without insulin injections.

Click here to learn about term life insurance, our most popular product for diabetics and nondiabetics alike!

This page is intended as a marketing material, not as a substitute for legal or medical counsel.  Consult a physician, attorney, or licensed life insurance agent for authoritative advice, as the matter may warrant.