If you are living with diabetes, you may think that obtaining life insurance is difficult or impossible. However, this is far from the truth. While it is true that people with diabetes may face higher premiums or be considered high-risk candidates, it is still possible to obtain life insurance coverage at an affordable rate.
Advances in Medical Technology: In recent years, advances in medical technology have made it easier for people with diabetes to manage their condition and maintain general health. As a result, many insurance companies are now more willing to insure people who have diabetes, and some even issue specific plans just for them.
Availability of Different Types of Policies: There are several types of life insurance policies available, including term life, whole life, and universal life insurance. Some of these policies may be more suitable for individuals with diabetes than others. For example, term life insurance is a popular choice for those with diabetes, as it offers coverage for a specific period and can be renewed or converted to a permanent policy.
The Value of Underwriting: Insurance companies use underwriting to analyze a client’s risk and choose the right level of coverage and rates. With improvements in medical technology, underwriters are better equipped to decide to insure people with diabetes. As a result, many insurance providers are more open to providing coverage to individuals with diabetes and may offer better rates than in the past.
Working with an Experienced Agent: Finding the right life insurance policy can be challenging, but working with an experienced insurance agent can make the process much easier. An agent who specializes in working with individuals with diabetes can help you navigate the insurance market, find the right policy for your needs, and negotiate better rates on your behalf.
We’re experienced in getting life insurance for diabetics for both Type 1 and Type 2 Diabetes Mellitus.
Don’t let your diabetes stop you from obtaining the protection you and your loved ones deserve.
Please contact us today!