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Term Life Insurance Type 1 Diabetes

Life Insurance For Long-time Type 1

Life Insurance For Long-time Type 1

New Member Wife of Type 1 (diagnosed at age 13) Can anyone recommend a place that will insurance Type 1 diabetics? My husband was diagnosed as a teen, nearly 30 years ago. The only life insurance he has is a very small policy that is though MY employer. I want to get a real policy for him, even if it is fairly low value. Anyone successfully purchase insurance even with Type 1 diabetes and a history of complications. He has good control now, been on an insulin pump for a few months. before we were married, he didn't take care of himself very well We have some life insurance but we secured it before we were dx'd as a diabetic. The minute my husband turned 56 they raised our rates from 500 a quarter to 1800 a quarter so we had to drop all but one whole life policy. I think it is very difficult to secure insurance with diabetes. There is one DD member, Nicole that was an insurance agent ,maybe she can chime in. D.D. Family T1 for 54 years - on Pump since 03/2008 The only life insurance I could get is very expensive but I went for it anyway. It really annoys me this, as diabetics look after themselves better than non. Well- the majority do. I am with AXA - but if you are in the US, I don't know if you have these people. Try asking the American Diabetic Association.. D.D. Family Getting much harder to control My grandparents got mine when I was pretty small and wasnt a diabetic and it will be paid up when I'm 26 and thats two more years. I think that is the advantage of whole life plans that you buy when you are young. Term life goes up substantially as you get older. D.D. Family Getting much harder to control I think that is the advantage of whole life plans that you buy when you are young. Term life goes up substantially as you get older. As a former insurance agent in the Continue reading >>

Life Insurance For Diabetes Type 1 + Type 2 | Finder.com

Life Insurance For Diabetes Type 1 + Type 2 | Finder.com

What do insurers look at when assessing people with diabetes? Insurance underwriters evaluate diabetes along with most of the same health and lifestyle factors they use to evaluate any applicant. But the severity and type of diabetes you have can complicate specific factors, which means your provider may pay closer attention to: Your age at diagnosis. Generally, the longer youve had diabetes, the more likely youll suffer complications later in life. A person diagnosed with adult-onset diabetes might pay a lower premium than somebody who was diagnosed in childhood. Your diabetes type. Further illustrating how important the when of your diagnosis is, if you have Type 2 diabetes, you may find lower rates than for somebody with Type 1 diabetes. Because Type 1 diabetes is often diagnosed earlier in life, its considered a more serious disease, making you a riskier applicant to providers. Your alcohol use. Alcohol can exacerbate diabetes, accelerating the more extreme effects of the disease and sometimes interfering with medication. You could be denied a policy if you drink excessively. Your familys history. An underwriter will look at more than just your familys history with diabetes. Type 2 diabetes, for instance, carries a higher genetic risk for renal and cardiovascular disease. How youre managing your disease. Youll nearly always get a stronger premium if you successfully manage and treat your diabetes. Youll likely need to take a blood test so that the provider can assess your glucose levels. Generally the better your blood test, the lower your rates. What about complications caused by diabetes? So much goes into how diabetes affects your health and overall lifestyle. Recent breakthroughs have improved treatments that make diabetes easier to manage today than in the pas Continue reading >>

Can A Type 1 Diabetic Obtain Life Insurance?

Can A Type 1 Diabetic Obtain Life Insurance?

When you apply for life insurance, there are several different factors that the insurance company is going to look at dozens of different factors. One of the biggest aspects that they are going to review is your health. The better your health, the better rates you’ll get for your insurance coverage. Having type 1 diabetes used to mean an automatic decline from life insurance underwriters. If you answered “yes” to the question are you an insulin-dependent diabetic or do you have type 1 diabetes, then underwriters wouldn’t give your application a second thought. Fortunately, things have changed due to a better understanding of this form of diabetes, and insurance companies are slowly changing their underwriting standards to include the unique health situation of a type 1 diabetic. So there is no question on whether you can get approved for a life insurance policy because there are companies offering policies to type 1 diabetics at reasonable rates today. Your health and blood sugar control is the deciding factor though. When Were You Diagnosed? Previous underwriting standards meant if you answered “yes” to the question, “do you have type 1 diabetes”, then you were automatically declined. There are still plenty of companies that operate with this standard – they do not insure type 1 diabetics, or they don’t insure you if you were diagnosed before a certain age (anywhere from 40 to 50 depending on the company) and some that only focus on excluding juvenile diabetics. Fortunately there are also carriers that have some flexibility, depending on how well you control your glucose levels and what your overall health is. What Is Your A1C? Your blood sugar control is going to be the biggest factor that will determine your health rating class, which will determi Continue reading >>

How To Obtain Life Insurance Approval With Type 1 Diabetes

How To Obtain Life Insurance Approval With Type 1 Diabetes

Approval for a life insurance policy with Type 1 Diabetes (insulin dependent diabetes) was virtually impossible just a few short years ago. Due to medical advances and new types of treatments and monitoring systems, it is now more possible to manage Diabetes Mellitus Type 1 and get approved for insurance. We are the experts at getting clients approved for coverage with diabetes. Contact us for immediate help in getting approved for life insurance at the lowest available rates. Life insurance companies are slowly catching up to these new advances and have begun to loosen their policies on how they rate persons. However, it is still a challenge to find the best life insurance companies that won’t charge you a bundle of money, or decline your application. How Life insurance Companies Rate People With Type 1 Diabetes There are a variety of factors that are used by insurers when it comes to rating people who have been diagnosed with T1DM, formerly known as Juvenile Diabetes or Insulin Dependent Diabetes. However, the 3 key overall factors are basically: Compliance Control Complications, if any This simply means that if you are visiting your endocrinologist and doctor on a regular basis, and clearly show that you are following their treatment plans, you will be seen in a more favorable light by a prospective insurer. Not only will you have a better chance at being approved for a life insurance policy, but also stand an improved chance of obtaining a less expensive policy. It’s actually a bit more complicated as there are several other key factors that will influence how you will be rated. One thing to keep in mind is that each insurer can vary quite significantly in how they apply these ratings. Some companies are much more liberal than others. And, even if you might not Continue reading >>

Life Insurance For Diabetes

Life Insurance For Diabetes

Premiums on life insurance for people with diabetes are likely to be higher than for those without the condition, but this doesn't mean you have to pay over the odds. If you have diabetes and have applied for life insurance in the past then you will know how difficult it can be. This is where our team of Diabetes Life Insurance experts can assist well help you to find the best cover for you and your family at the right price. We aim to save you money on the premiums that you pay for life insurance by searching the market to find you the best insurance provider. Our expert advisors have several years of experience so we understand what you need and we are here to make sure that you get it. Get a FREE, no obligation diabetic life insurance quote below. We'll find the most suitable cover for you at the cheapest price. How we work: It is very important for anyone with diabetes to apply to insurance providers with strong underwriting for your condition. Our team of experts know exactly which insurance provider will be the best for you and it is our job to make sure that you get the best cover in place at the right price. Over the last several years there has been a move towards more flexible underwriting for critical illness cover with diabetes. There are now several insurance providers who will offer critical illness cover for people with diabetes which can vary depending on the insurance provider. Unfortunately we can only get critical illness cover for type 2 diabetes ; it is not available for type 1 diabetes . Critical illness cover for people type 2 diabetes can be assessed among those who are: We are constantly working with life insurance providers to help improve underwriting for critical illness cover for people with diabetes. As a diabetes life insurance specialist Continue reading >>

Life Insurance For Type 1 Diabetics

Life Insurance For Type 1 Diabetics

There is a disturbing epidemic that has been occurring within the United States over the last decade. Obesity has become a big issue for many reasons, poor diet, lack of exercise, as well as hereditary conditions. As a result of all of these items, diabetes has become a much larger problem within our society. Majority of people with diabetes are diagnosed as a Type 2 Diabetic. However, there are a large number of people who are also diagnosed as a Type 1 Diabetic. Getting life insurance with any form of diabetes can be difficult, but life insurance for type 1 diabetics is achievable and can be done at an affordable rate. Getting Life Insurance For Type 1 Diabetics People with chronic conditions, specifically diabetics, did not ask for this disease, so it is unfortunate that insurance companies look at them in a different manner. While we do understand the reason life insurance companies have behind the way they price their policies, it still seems a bit unfair that so many families will go uninsured simply because the breadwinner of the family is a Type 1 Diabetic. Fortunately, there are quite a few solutions out there when it comes to finding the best life insurance for Type 1 Diabetics, it just takes a little more work than it would for the average person Costs of Diabetes The first and most important thing to understand, is that life insurance for Type 1 Diabetics is going to be more expensive than life insurance for non-Diabetics. There is simply no getting around this fact – diabetes is a disease that the insurance underwriters are going to view as a risk and they will price the plan accordingly. There is no way to hide Diabetes from them either – in fact, doing so could even be illegal. Take Time to Get Healthy That being said, it is a wise move to make sure y Continue reading >>

Diabetes Life Insurance

Diabetes Life Insurance

It is very possible to get life insurance if you have diabetes. Affordable life insurance is very likely available to you, especially if your diabetes is under control; you can usually get affordable rates if you respond well to treatment and lead a healthy lifestyle. Even if that is not the case, there are still ways to find the coverage you need. To keep your search for affordable life insurance efficient and your stress low, contact an independent agent in the Trusted Choice® network. Trusted Choice member agents have working relationships with multiple insurers and can track down harder-to-find insurance options. Contact one of these agents today to get several competitive quotes on life insurance for diabetes. Diabetes Statistics in the U.S. 25.8 million children and adults, or 8.3% of the U.S. population, have diabetes 18.8 million people have diabetes which has been diagnosed 7.0 million people have diabetes which is undiagnosed Can I Get Life Insurance as a Diabetic? You can get life insurance if you have either Type 1 or Type 2 diabetes, providing your diabetes has been under control for a period of at least 6 to 12 months. You can also get life insurance if you are insulin dependent. Diabetics who have their diabetes under control may or may not be approved for life insurance coverage if they have additional contributing health risks, such as: Coronary heart disease Smoking Obesity High blood pressure which is not controlled You will not typically be approved for life insurance policies if your diabetes is not under control. You may be able to purchase specialty life insurance options like guaranteed-issue life insurance, but you’ll pay hefty premiums for your coverage. Can I Get Diabetic Life Insurance Without a Medical Exam? You can get life insurance wit Continue reading >>

Life Insurance For Diabetics A Wealth Of Choices

Life Insurance For Diabetics A Wealth Of Choices

Life Insurance for Diabetics A Wealth of Choices Last updated: December 12, 2017 at 10:03 am Can you get life insurance if you have diabetes? Absolutely. Can you get the kind of insurance you want at a reasonable price? That depends. Insurance for people with Type 1 and Type 2 diabetes is a complex topic with as many variations as there are symptoms of the disease, making the search of life insurance for diabetics an arduous process. Dealing with a skilled and knowledgeable provider is essential, because each insurance company has its own standards for coverage. If you apply to the wrong one and get rejected, the rejection becomes part of your medical record for all other companies to see, which can lead to further rejections that otherwise may not have happened. Thats just one of many tricky aspects of obtaining coverage for people with diabetes. On this page, well guide you through each phase of the disease and show you exactly what kind of life insurance policies you can expect, which companies provide them, and what kind of payouts they offer to your family and loved ones. So read on. Even though you may not qualify for the same policy as a healthy person, you probably have more options than you think. Per the American Diabetes Association : In Type 1 diabetes, the body does not produce insulin. The body breaks down the sugars and starches you eat into a simple sugar called glucose, which it uses for energy. Insulin is a hormone that the body needs to get glucose from the bloodstream into the cells of the body. While it is possible to obtain life insurance with type 1 diabetes as long as your condition is well controlled, the underwriting process is more difficult for people with Type 1 diabetes. If you are approved, you most likely will be rated in a lower health Continue reading >>

7 Reasons Diabetics Should Buy No Exam Life Insurance [instant Quotes]

7 Reasons Diabetics Should Buy No Exam Life Insurance [instant Quotes]

7 Reasons Diabetics Should Buy No Exam Life Insurance [Instant Quotes] Diabetes is incredibly common in the United States. Consider the statistics: 30.3 million Americans, or 9.4% of the population, has diabetes.Approximately 1.25 million American children and adults have type 1 diabetes. American Diabetes Association While medical advances on treatment and prevention continue, those of us with the condition can attest that its difficult to live with. American actor, Tom Hanks, jokingly described his experience with being diagnosed with type 2 diabetes: I went to the doctor and he said, you know those high blood pressure levels youve been dealing with since you were 36? Well youve graduated, youve got Type 2 Diabetes, young man. Tom Hanks, appearing on the David Letterman Show No doubt, diabetes, whether its type 1 or type 2, adds a layer of complication to your life. Just how much does diabetes affect your ability to get life insurance? Heres some good news Diabetics are approved for life insurance all the time. More good news Many diabetics choose to purchase no exam life insurance. 7 Reasons Diabetics Should Buy No Exam Life Insurance *Policy features subject to change. Availability varies by state. For those of us with diabetes, one less poke may not seem like a big deal. However, skipping the hassle of the entire medical underwriting process often means the difference between purchasing life insurance and putting it off. Lets take a closer look at what the no exam life insurance application process looks like. While each life insurance carrier is different, you can generally expect: A no exam life insurance application typically includes Phone interview, including questions about: Your diabetes (type, A1C levels, treatments, degree of control, age of onset, compli Continue reading >>

How To Get Term Life Insurance With Diabetes

How To Get Term Life Insurance With Diabetes

How to Get Term Life Insurance With Diabetes Thousands of people with diabetes will apply for term life insurance this year. And for those people, the outcomes of their applications will vary widely. If you are one of them, you can improve your chances of being approved for the best rating class with the lowest premium possible. How? You first need to understand how life insurance companies handle applicants with diabetes. What do they look for? How can you prepare? What is the likely outcome? Before we answer those questions, lets take a closer look at diabetes. Diabetes mellitus is the clinical term for diabetes. It is a group of metabolic diseases that occurs when the pancreas does not produce sufficient insulin or the cells of the body to not respond properly to the insulin produced. This results in high blood sugar in the affected individual. Type 1 Insulin-Dependent Diabetes Mellitus (IDDM) or Juvenile-Onset Diabetes The pancreas is not capable of producing insulin. The bodys immune system destroys the pancreas beta cells, which are needed to make insulin. Insulin must be injected into the body by a pump or manual injection. Type 2 Non-Insulin-Dependent Diabetes Mellitus (NIDDM) or Adult-Onset Diabetes This is caused by a resistance to insulin in which the bodys cells fail to use insulin properly. As a result, the pancreas gradually loses its ability to make insulin. This is the most common form of diabetes. 90-95 % of all adult diabetes cases are type 2. Gestational Glucose intolerance during pregnancy This is usually temporary and resolves after the pregnancy ends. The high glucose levels during pregnancy may cause the actual development of permanent type 2 diabetes. As of 2012, the following numbers show the significance of diabetes: An estimated 29.1 million Continue reading >>

Getting Life Insurance When You Have Type 1 Diabetes

Getting Life Insurance When You Have Type 1 Diabetes

We’ve already covered the prospect of getting life insurance with diabetes as a general topic. But today we’re going to discuss the more specific topic of getting life insurance when you have Type 1 diabetes. From a life insurance perspective, type 1 diabetes is considered to carry a higher risk than type II diabetes. This is because Type 1 diabetes usually comes much earlier in life, and represents a more problematic condition. Proper management of the condition by the person who has it is critical in living with it. And insurance company will want to see that the person is doing just that. What is Type 1 Diabetes and How is it Different from Type 2? According to the American Diabetes Association, there were 29.1 million Americans, or 9.3% of the population, who had diabetes in 2012. This is up from 25.8 million cases in 2010. An estimated 8.1 million of the 2012 cases are undiagnosed. Further, it is also estimated that 81 million Americans are pre-diabetic. Only about 5% of total diabetes cases are Type 1, the rest are Type 2. Once known as juvenile diabetes, Type 1 diabetes is found in children and young adults. With Type 1 diabetes, the body, or more specifically the pancreas, does not produce insulin. Insulin is a hormone that is needed to convert sugar, starches and other food into energy needed for daily life. The causes of Type 1 diabetes are unknown, and no preventative therapy is known to exist. It requires daily insulin injections in order to maintain a proper level. With Type 2 diabetes the body become insulin resistant, and is primarily caused by a combination of lifestyle factors and genetics. Lifestyle causes include physical inactivity, obesity, stress, and excess consumption of sugar, saturated fat and white rice. Controlling Type 1 Diabetes Managin Continue reading >>

The Best Life Insurance Companies For Diabetics

The Best Life Insurance Companies For Diabetics

Best life insurance companies for diabetics Its easy for diabetics to think that life insurance is out of reach. They may believe that their medical condition will make life insurance prohibitively expensive. The good news is that this often isnt the case. There are plenty of opportunities for affordable life insurance for diabetics if you know where to look and know what life insurance carriers are looking for. How can you get the best life insurance rates as a diabetic, and what are the best life insurance companies for diabetes? Lets take a look. The best life insurance companies for people with diabetes Not every life insurance company handles diabetic applicants the same way. Depending on the severity and treatment, some may be more lenient than others. Why does having diabetes matter to life insurance? You may be wondering how diabetes affects your life insurance rates at all, and it comes down to one word: risk. When you apply for life insurance, youll go through the underwriting process. This includes a look at your familys health history , diving into your hobbies and driving record , requesting records from your doctor , and a medical exam , where your current health is analyzed. All of this is to see the likelihood of you passing away over the term of your life insurance policy. Youre classified by this risk , and your premium rates are set according to your classification: the best class, Preferred Plus, gets you the lowest premiums, while Standard or below raises your rates. More likely to die over the next 30 years? Your rates will be higher than someone who has a lower mortality risk. Since diabetes comes with health complications even slight ones theres inherently an increased risk. Simply put: you with diabetes presents a different risk profile than yo Continue reading >>

Life Insurance For Type 1

Life Insurance For Type 1

D.D. Family T1 for 72 years, here to help Life insurance for people with diabetes can be hard to get. Have you had that problem? Being in a group policy, with no physical exam required is a blessing! In the late 1970s I applied for mortgage insurance. I was required to have a doctor examine me. There were no meters for testing blood sugar back then. He gave me a strip of tape, and told me to to pee on it in the mens room nearby. The tape turned dark green, indicating high urine sugar. I was turned down for that reason. There was no other physical exam required. That doctor walked outside with me, and we had a conversation. I had been type 1 for 30+ years, and he said I should get my will together. He told me about one of his patients who had been T1 for 20 years, with no complications. Within the following year he developed bad complications and died. The doctor said that could happen to me. I guess he thought he was doing me a favor. Later on, I went to a Metropolitan Life Insurance building and was accepted after a brief discussion, filling out a form, and giving the name of my doctor. It was so easy! I was amazed at the tremendous difference in the two companies. I realize this was mortgage insurance, and not life insurance, so that may help explain why I was accepted by Met Life. Now I have been T1 for 69 years, and I do not have any diabetes related complications except some mild nerve damage. By the way, our mortgage was paid in full in 1995. Type 1 for 72 years. Using the MM 630g pump, and Dexcom G5. A1c=6.1 D.D. Family Glucose Disregulation since 2005 Things have changed in the life insurance area. Understand, I am not an expert. It is all highly variable, but for most people with reasonable levels of control and no complications you can get life insurance. The Continue reading >>

How Does Diabetes Affect Life Insurance Rates?

How Does Diabetes Affect Life Insurance Rates?

Diabetes is a serious medical condition and can impact purchasing life insurance. While finding coverage may be more difficult for a diabetic than someone who does not have a health condition, there are life insurance companies who will offer coverage. We understand the importance of protecting your family from a financial struggle in the event of premature death and will work with you to get affordable life insurance coverage. Life insurance carriers all follow a different set of underwriting guidelines. This means that each carrier will rate a certain condition differently. While one company may decide to give an applicant a Preferred Plus rating for a certain condition, another company may offer only Standard. This is where we can help you. We have relationships with many of the best life insurance carriers and know the idiosyncrasies of each. Once we know your unique situation, we will shop your case at the appropriate carriers to help you get the best possible coverage. What the Life Insurance Carriers Want to Know About Your Diabetes When you disclose on your life insurance application that you have diabetes, you will be asked to complete a follow-up form so we can get more information. The more information we have, the better we can shop your case. A diabetes questionnaire will typically ask: The date you were diagnosed Type 1 (often diagnosed in childhood) Type 2 (often diagnosed as an adult) How often you visit your physician How your diabetes is controlled Diet Oral medication Insulin If you are taking any other medications What your most recent blood sugar reading was If you monitor your own blood sugar What your most recent glycohemoglobin or fructosamine level was (if you have the information) Whether you have any other health conditions If you have smoked Continue reading >>

Life Insurance With Type 1 Diabetes

Life Insurance With Type 1 Diabetes

Categories: Diabetes , High Risk Life Insurance , Life Insurance with Pre-Existing Conditions We work with the best life insurance companies in the U.S. and also with the best no medical exam companies . Our job is to provide our clients with the knowledge and guidance to obtain the lowest price on life insurance with type 1 diabetes. Call us today. If you have type 1 diabetes please realize that you can certainly qualify for high risk life insurance . The main points of concern a life insurance carrier will have with an applicant applying for life insurance with type 1 diabetes is: have they been hospitalized due to diabetes and/or does the applicant have any side effects caused by diabetes, such as neuropathy, retinopathy or kidney disease. If you can answer no to those questions, then congratulations, you have an excellent shot at being approved for affordable life insurance for type 1 diabetics. Some additional questions an underwriter will look into for clients looking to buy life insurance with type 1 diabetes are: What is a typical fasting blood sugar level? Any complications such as retinopathy, neuropathy, or kidney disease? Keeping your A1C in check is necessary for a type 1 diabetic to get life insurance. Your A1C is a snapshot of your blood sugar over the last 60 to 90 days. Therefore, controlling your daily blood sugar levels is mandatory. Ideally, you want your blood sugar levels to be 140 and below and your A1C to be 7 and below. Obviously, if you are a type 1 diabetic you take insulin. However, are you taking any additional medications, such as blood pressure or cholesterol medication? If you are it might hurt your chances of getting the best rate class on life insurance for type1 diabetes. How often you see your physician simply shows the life insuranc Continue reading >>

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