So you may have Diabetes? You either had it over the years, or perhaps you were just recently diagnosed and may be freaking out a bit. If you’re looking to purchase life insurance for diabetics, you’ll surely have choices!
It doesn’t matter if you have type 1 or type 2 diabetes, it is likely you can purchase term or whole life insurance at a rate you’re comfortable with. Just remember, life insurance premiums will be more expensive than before you were diagnosed.
As per the the freshest facts from the Habitats for Malady Control (CDC), roughly 23.6 million people in the United States have been clinically recognized as having diabetes and yet an additional 5.7 million Americans probably have undetected diabetes. Nonetheless these vast numbers, an additional 57 million Americans have “pre-diabetes,” which develops their risk for evolving Type II diabetes.
These numbers are overwhelming thinking about that we now have just close to 300 million people living in America right now. Based on the American Diabetes Association, roughly sixty five percent of all people who have diabetes will pass away from either a cardiovascular assault or a stroke.
Depending on how controlled your diabetes is, you might be skeptical that affordable life insurance rates are attainable. I’m here to tell you it’s very affordable if you use the right life insurance company.
3 Important Tips for Securing Life Insurance with Diabetes
Tip 1 – Get your diabetes under control. Your a1c levels and glucose levels should be within normal ranges. The longer your diabetes is under control, the better. If your diabetes was newly identified, you’ll need 6 months of established control to obtain affordable rates with the more aggressive companies. Most companies will require a year of good control to obtain Standard rates.
Tip 2 – Be prepared for your exam
To qualify for the best rates, make sure you prepare for the exam. We advise that you don’t feed your body with extremely high carbohydrate breakfast the very same morning prior to your examination. Just having the wrong food prior to your exam could throw your a1c levels off. Make sure you’re hydrated and well rested as well. Having a good medical exam result is key is securing the best rates for diabetics.
Tip 3 – Be honest on your life insurance application
Don’t withhold any details about your diabetes background. Be sure you record if you are a type 1 diabetic or type 2 diabetic. If your a1c’s have spiked recently, let us know. An independent life insurance agent works on behalf of you and not any company. We’re on your side and will take you to the company that will give you the best rates…but that only happens if you’re honest.
Follow these tips and you’re well on your way to securing affordable life insurance rates.