Diabetes is one of the most varied conditions for life insurance underwriters. This is due to the complex nature of the condition and range of severity.
Is diabetes covered under life insurance?
Sometimes, people are unsure if you can get life insurance if you have diabetes. Those with diabetes are eligible for life insurance. It can be obtained at very reasonable premiums by approaching the best providers for your life insurance. To see if you are eligible, you can get a life insurance quote through us quickly and easily. Our expert team can assess your individual case and find the best premiums.
It’s important for anyone with dependent children, debts, or a mortgage, to have the right cover in place should anything happen. Anyone with a medical history of diabetes or other health issues can get cover, especially with help from a specialist broker like The Insurance Surgery.
Whether you have type 1 or type 2 diabetes, The Insurance Surgery can help you secure diabetes life insurance cover.
Underwriting for Type 1 Diabetes life insurance will depend on a number of factors. These are determined by assessing the levels of risk and severity of the condition. In most cases a full medical report would be required from your GP to confirm your readings and history of Diabetes.
Underwriting for Type 2 Diabetes works slightly differently.
It is less likely to need a full medical report if your diabetes is under control. It can therefore sometimes be underwritten online. At The Insurance Surgery, we can help you find the best term life insurance for diabetics in the UK.
Some Diabetes life insurance applications can be accepted immediately where there are no complications and the Diabetes is well controlled.
The main information required includes:
- Latest Hba1c/Mmol reading (your blood sugar level)
- Medication / treatments (e.g. diet, tablets, Insulin)
- Cholesterol readings
- Blood pressure readings
- Date of diagnosis
- Diabetes complications (e.g. Retinopathy, Neuropathy or Nephropathy)
- Height/ Weight
Diabetes life insurance rates/premiums will depend on your levels of control and how well you manage your condition. There are additional factors which may cause underwriters from certain insurance providers to decline your Diabetes life insurance application, such as:
- Heart problems
- High Hba1c readings (e.g. 10+)
- Other medical issues
Can I get life insurance if I have type 1 diabetes?
People are often unsure how much type 1 diabetes affects life insurance. Type 1 Diabetes life insurance is readily available through most leading UK life insurance companies. Most people with Type 1 Diabetes looking to take out life insurance will have been diagnosed early in life. This is useful for underwriters.
Typically, the ratings/loadings for Type 1 Diabetes sufferers’ life insurance will vary dramatically. Therefore, it is vitally important to approach the best insurance provider for your individual circumstances. Through our vast experience, The Insurance Surgery know the best insurers to approach for your individual circumstances.
Can you get life insurance if you have Type 2 diabetes?
We often get asked, can someone with type 2 diabetes get life insurance? Type 2 Diabetes life insurance is usually available for the vast majority of people living with the condition. There will usually be a small loading applied to the premium for people with Type 2 Diabetes looking for life insurance. However, this can increase to a decline if the condition is not well controlled.
Due to the fact that Type 2 Diabetes is a lifestyle condition, life insurance underwriting takes into consideration different factors. These include height, weight, BMI, dress and waist size. Life insurance premiums will vary depending on your health and lifestyle.