Life insurance for diabetics: some data and considerations

People with serious medical problems, such as diabetes (both type 1 and type 2), regularly find that they are denied life insurance based on their physical well-being. There are two types of diabetes that people create. There is childhood diabetes and type 2 diabetes, also called adult-onset diabetes.

Not all people with diabetes will be denied coverage or pay high life insurance premiums. Like any other medical problem, buying life insurance in case you are diabetic includes several factors that depend on how real your condition is and how well you are controlling it.

Some elements that are considered when applying for life coverage as a diabetic:

• Are you insulin dependent?

Many people can control their blood glucose levels through a combination of exercise and careful meal planning. Non-insulin dependent diabetics may pay less in premiums compared to those who are.

• Is your blood sugar level under control?

You easily get insurance coverage if you can show that your blood sugar is under control. As an important aspect of your life insurance medical proof, laboratory tests will be performed on your blood work which commonly incorporates glucose estimation. These results along with your medical records will be considered in deciding the level of control of your diabetes. It is one of the important things to remember.

• How long have you had diabetes?

Believe it or not, someone who has had diabetes for quite some time may be seen as a risk factor to a lesser degree compared to someone who has been tested recently. If you have lived with diabetes for a long time, you can show that you have learned to control and manage your disease.

• Do you smoke?

Being a smoker is not good for your health and usually means you will pay much more for life coverage. In any case, the value you’ll pay for life insurance will be significantly higher if you’re a smoker and diabetic, essentially because you’re at more serious risk for a host of real medical problems.

There are several types of life insurance available due to the fact that everyone has different needs. In case you are diabetic, having a couple of life insurance options is something to be thankful for.