Best Life Insurance Rates for Diabetics

Written by Life-Wealth-Win

Looking for the best life insurance rates for diabetics? If you have diabetes and you’ve been declined for life insurance coverage in the past, you may feel that getting life insurance is impossible. But, it is possible to find affordable life insurance. Don’t let diabetes keep you from seeking financial protection for your family.

Affordable life insurance for a diabetic is very likely available to you-you just need to know how and where to look.

Many insurance companies will offer you an affordable life insurance policy that suits your needs, regardless if you have Type 1 or Type 2 diabetes.

The key to finding the best life insurance rates for diabetics is to find a company that will look favorably at your situation.

If your diabetes is under control, you can usually get affordable rates…especially if you lead a healthy lifestyle. Even if that is not the case, we can still find ways to get you covered.

Diabetes Statistics in the U.S.

  • 3 million Americans – 9.4% of the U.S population have diabetes
  • 1 million have prediabetes, a condition that if not treated often leads to type 2 diabetes within five years
  • 2 million Americans didn’t know they had the disease
  • 18-44 years old 4% had diabetes
  • 45-64 years old 17% had diabetes
  • 65 years and older 25% had diabetes


Diabetes is a disease that occurs when your blood sugar is too high. Blood glucose or sugar comes from the food you eat and becomes your primary source of energy. Insulin, a hormone made by the pancreas helps glucose to get into your cells to be used for energy.

If your body doesn’t make enough insulin or doesn’t use insulin well, glucose stays in your blood and doesn’t reach your cells. Having too much glucose in your blood can cause health problems like heart failure, stroke, kidney failure, blindness, and amputations.

Types of Diabetes:

Type 1 Diabetes insulin-dependent diabetes sometimes called juvenile diabetes. It is the more severe form of diabetes.

Type 1 diabetes usually develops in children and teenagers, although it can appear at any age. If you have Type 1 diabetes, your body does not make insulin. Your immune system destroys the cells in your pancreas that produce insulin. You need to take insulin via syringe or insulin pump every day to stay alive.

Type 2 non-insulin dependent is the most common form of diabetes. It is also called adult-onset diabetes because it develops after age 35. However, Type 2 diabetes can occur at any age.

If you have Type 2 diabetes, your body does not make insulin well. Type 2 is often tied to overweight people with a sedentary lifestyle.

Gestational Diabetes occurs in some women when they are pregnant. They typically have no symptoms of diabetes until pregnancy. This type of diabetes often goes away after the baby is born.

You have a higher chance of developing Type 2 diabetes later in life if you’re diagnosed during pregnancy.



Yes, you can get life insurance even if you have Type 1 or Type 2 diabetes, as long as your diabetes has been under control for at least 6 to 12 months.

If you are insulin dependent, you can still get life insurance. But, there’s a lower rate of approval for people with diabetes with additional contributing health risks such as coronary heart disease, obesity, smoking, and hypertension.

If your diabetes is not under control, do not expect approval of your life insurance application. You may, however, be able to purchase life insurance option like guaranteed-issue life insurance without a medical exam or health questions asked.


Diabetes is a significant risk factor because it can cause long-term complications such as heart attack, stroke, atherosclerosis, neuropathy or nerve damage, nephropathy or kidney damage, retinopathy or eye damage and foot damage. Uncontrolled blood sugar can affect every organ in your body.

If you have diabetes, you are considered a higher risk life insurance applicant.

Insurance companies have stringent underwriting to evaluate whether your risk is worth insuring or not. It makes life insurance for people with diabetes more difficult compared with people without significant health issues.

The age you were first diagnosed with diabetes is significant in underwriting. The younger you are diagnosed, the more you are considered higher risk. It is because there’s a higher chance that you may develop complication over time.

Higher risk individuals typically have a higher premium compared to others who have no diabetes.

If you maintain your blood sugar at a healthy level and you have no other health issues, you can qualify for an affordable life insurance policy.


 Life insurance underwriters want to know more about your condition when you apply for a policy. It is to determine the severity of your diabetes and your rate of approval.

These are some of the questions that you may be asked on your life insurance application:

  • What type of diabetes do you have?
  • When were you diagnosed with diabetes?
  • What is your average blood pressure reading?
  • What is your average cholesterol reading?
  • What type of treatment are you using to control your diabetes?
  • Do you regularly visit your doctor?
  • What medications do you take?
  • Do you exercise on a regular basis?
  • Any diabetes-related health complications?


Type 1 diabetics diagnose before the age of 30 may have difficulty securing life insurance coverage.

If you have Type 1 diabetes and using an insulin pump, there is a possibility that your blood sugar could be at a dangerous level if you miss a treatment. It makes the underwriting process more stringent.

Insurance companies typically approve Type 1 diabetics who have well-controlled blood sugar and not more than 50 pounds overweight.

The underwriting process is more difficult for people with Type 1 diabetes that with Type 2. Type 1 diabetics can be approved for coverage as long as their condition is well controlled.

If approved, the rating will be substandard or lower health class with higher premium and limited life insurance coverage.


Some life insurance companies are more lenient to Type 2 diabetic applicants who can control their diabetes through diet and exercise or with oral medications.

People with type 2 diabetes are easier to get approved for coverage compared with Type 1 because they pose a lower risk to life insurance companies.

Type 2 diabetics with an A1C of 7.0 or lower will find it easy to get approval for life insurance coverage, and they may even qualify for Standard or Standard plus rates.

If you do not require insulin to control your blood glucose, you can find more affordable rates compared with those with type 1 diabetes.


Gestational diabetes is often a temporary situation that happens during pregnancy and many insurance companies overlook it.

They are not so much concern about a previous diabetes history. It only matters if diabetes continues after pregnancy and becomes Type 2 diabetes.

If there are no signs of diabetes after pregnancy, the applicant can obtain good rates on life insurance.


A1C (glycohemoglobin test) determines the eligibility for a fully underwritten term life insurance policy for a diabetic. Your A1C score determines the average level of blood sugar over the past three months. A1C scores usually range from 5.5 to 9.0

  • 5.5 – 6.9 (Standard Plus) you are in good health other than your diabetes
  • 7.0 – 7.9 (Standard) you are considered to be of average health and may be charged average premium rates
  • 8.0 – 8.9 (Substandard) your health is below average, you will be able to get life insurance coverage, but your premium rates will be higher than those of a Standard policyholder.
  • 9.0 – fully underwritten term life insurance is not available to you, but you can apply for a non-medical or guaranteed issue life insurance policy. We recently got a client with an A1C of 12.0 a no-medical-exam life insurance policy!


The cost of your life insurance will be based on many different factors. In most cases, the cost of life insurance for diabetics is higher than people in good health. The reason for this is because people with diabetes have a higher risk factor compared with people who don’t have this condition.

The cost of the policy will be dependent upon the following factors:

  • Age
  • Gender
  • Marital status
  • Medical history
  • Family health history
  • Age when you were diagnosed with diabetes
  • Additional health factor
  • Type of diabetes
  • Blood sugar levels
  • Medication
  • A1C

The premium rates for diabetes Type2 are typically less than those who have Type 1 diabetes. Those who are diagnosed with diabetes when they are older tend to have lower premiums than those diagnosed at an early age. We can help you find the best life insurance rates for diabetics.


If you have diabetes and you’ve been turned down for life insurance coverage in the past, call us at (888) 435-4342, and we will help you obtain the coverage you need.

At Life Wealth Win, we helped countless diabetics’ qualify for life insurance eligibility, and we can do the same to you.

We work with clients across the nation to get the best life insurance rates possible. If you have diabetes, we can help you to get the best life insurance rates.

About Life-Wealth-Win
About Life-Wealth-Win

We work with individuals across the nation to secure the best life insurance rates.

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