INSURANCE AGENCY NETWORK Blog
Life insurance is typically available to people with diabetes, possibly even at a reasonable price. Even so, the guidelines of life insurance for people with diabetes vary. The type of diabetes you have, the kind of policy you're interested in, how long you've had diabetes, and how well you manage it may affect your policy and pricing options.
How To Obtain Life Insurance While Diabetic
Choosing the best insurance to protect your family and your home is a crucial financial choice. Make sure you speak with someone knowledgeable about diabetes that will help you find the best coverage.
A medical examination is required when you apply for term life insurance. There will be questions about your family history, medical history, lifestyle, and use of tobacco and alcohol during this examination. The examiner will take your height, weight, pulse, blood pressure, blood sugar, and other vital signs.
Different Types Of Diabetes And Life Insurance
As we all know, there are two major types of diabetes (type 1 and type 2) and a few less common types that can all be covered by life insurance.
Does Life Insurance Cover Diabetes?
If you acquire a new life insurance policy or already have one, you should be covered for diabetes-related deaths. In most cases, diabetes has a lower chance of being life-threatening, but there is still a chance that it could result in serious, potentially fatal complications.
You must specify your diabetes on the life insurance application and be honest when answering all the questions. If you don't have the details, your doctor can give them to you.
Does Having Diabetes Increase The Cost Of Life Insurance?
Yes. Even though diabetes is a serious health issue, those with it are still eligible to purchase life insurance. Due to their higher risk, people with diabetes typically pay more for life insurance than those without this health issue.
Your premium amount is determined by how highly the life insurance provider rates you. It will be based on a variety of treatment and health-related aspects.
Investing in the best protection for your family will ensure that they are safeguarded if something happens to you. No matter what challenges life presents, life insurance assures you that you won't suffer financially in the future.
Diabetes patients frequently put off applying for life insurance because they believe it is either unavailable or prohibitively expensive. Don't let other people discourage you from getting life insurance; talk to one of our diabetes life insurance experts to learn how simple the process can be.
At Insurance Agency Network, we do our best to ensure that our clients are well-protected with affordable and comprehensive policies. To satisfy your needs, we will go above and beyond. To learn more about how we can help you, don't hesitate to contact our agency at (425) 448-9190 or Click Here to request a free quote. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!