Many people believe that life insurance for diabetics doesn’t exist, but that’s not true. There are quite a few life insurance options for those who have diabetes.
While diabetes remains a health struggle for many, it is still very possible to secure adequate life insurance as a person with diabetes. Here are some key things to know about getting life insurance if you have diabetes.
Insurance companies consider many factors such as: Which diabetes you have Type 1 or Type 2. How old you were when you were diagnosed. The medications you are taking, your height, and your weight. How will you are controlling your diabetes and your glucose levels. If you have other health problems like high blood pressure, etc. They will look at your overall medical history and your family history.
Life insurance for diabetics is, often but not always, more expensive. Sometimes a person with Type 2 diabetes will typically have an easier time getting life insurance than a person with Type 1 diabetes.
People in good health who don’t smoke will generally get better life insurance rates than people with health conditions and smokers.
Taking control of your diabetes can help you get better coverage.
Life insurers look more favorably on people with diabetes, who are working on managing their condition. This could mean regular visits to your doctor, taking your medication, maintaining a healthy weight, and having lower A1C and glucose levels.
It may even be possible to get a better rate once you control your diabetes. This is especially true if a reasonable amount of time has passed since a hospitalization from diabetes.
Cosmo Insurance Agency is a full-service independent insurance agency based in Hackensack (Bergen County) and Lakewood (Ocean County), New Jersey that offers an all-encompassing range of insurance options for both individuals and businesses. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating our knowledge of the insurance guidelines for healthcare, employee benefits, life insurance, self-insurance, dental, disability, and long term care insurance, we keep our clients up-to-date with affordable plans that cover all their specific insurance needs.
