Finding the lowest Term life insurance rates for Diabetics should never become a stressful event when your working with a qualified agent. This will make all the difference. Many carriers offer life insurance products for people with all forms of diabetes.
We offer many A+ rated companies that you can apply with to get the policy you need at an affordable premium. Due to the fact you have diabetes does not mean you should pay high rates for life insurance.
We have partnered with a number of life insurance companies that fully understand the proper and modern underwriting procedures for diabetes life insurance due to this condition becoming so common in the U.S. Our experience and knowledge of this condition give our clients the affordable diabetic life insurance they need.
The medical underwriting process for applicants with Diabetes is much more liberal than in the past.
There is enough to worry about with caring for your diabetes where you should not have to worry about getting life insurance regardless if you have type 1 Diabetes or type 2 Diabetes. We always perform a thorough medical pre-screen of you condition before we ever get to the application process to prevent any unforeseen surprises.
By doing this, we will have a very good projection on what will happen when your application is being processed. BestChoiceLifeInsurance.com is your best choice to help you find affordable life insurance for Diabetics in all 50 states from the best life insurance companies.
Modern day medical treatment for Diabetes is much better than in the past due to medical profession advancements in technology.
In the years gone by the treatment for Diabetes was nothing like is today. The new technology and training the modern doctors receive has advanced to the extremes. People now days can keep tabs on their condition and keep in check much easier that they could before.
Diabetics can now lead a normal life with confidence that their conditions is not going to advance and get out of control like it could in the years past. That is what the life insurance carriers like to see is a medical condition that is kept under control. Life insurance companies are heavy into the use of statistics and the statistics have definitely changed in favor of the folks with Diabetes.
Years ago the biggest worry by far was the advancement of the condition causing more and more problems which could lead to eventual death caused by this condition. Today if you go to your doctor on a regular interval you can keep your condition under control and keep from advancing. These are the golden words for the life insurance carriers “keep from advancing”. They know any medical condition you might have if kept in check and not allowed to increase in its severity will prevent a person from dying from any given medical condition.
Here is how Diabetes in any form effects a life insurance application
Diabetes is looked upon as a high risk medical condition that can damage any and all internal organ of the human body from the teeth in your mouth to your precious eyes and quality of vision. Adults with Diabetes have been found to be 5 time greater at risk from acquiring heart disease and even having a stroke if the condition is not kept under control by prescription medication, exercise and weight control.
Life insurance companies look closely at how the applicant maintains their Diabetes condition.
Diabetic adults are two to four times more likely die of heart disease and stroke than an adult without diabetes. You can see why insurance companies pay close attention to whether a person is controlling their blood sugar or not. Life insurance companies pay very special attention to see how applicants are taking care of themselves. Diabetes patients are always expected to see a doctor on a regular basis to make sure their condition is kept under control. This question will be very important on a life insurance application. The life insurance companies will also have underwriters call applicants to do telephone interviews and this question always comes up.
Diabetes is considered as a high risk medical condition and the premiums needless to say will cost more than an applicant without Diabetes.
Life insurance companies have a list of rate classifications that will classify each and every applicant in order of what kind of a risk they are and how great the odds are of having to pay out a death claim. Instead of a Diabetes applicant receiving preferred rates like a very healthy person would, they would normally be placed in a standard rate class with a possible rate up. Here is where using the most liberal company to apply with comes into play. The carriers are all different when underwriting their applications for applicants that have Diabetes whether it is Type 1 or Type 2. A rate up would be indicated as a number or letter systems such as “Standard” with a B, C, D, E, F, H, I, J or a number system such as “Standard” 2,3,4,5,6, 7, 8, 9 etc.
A medical pre-screen performed by your life insurance agent will determine what life insurance company would give you the best rate class possible for your specific medical conditions. A medical pre-screen only takes a few minutes but it is very important so there are no surprises later down the road in the application process. When you receive the best possible rate class, your premiums will work hand in hand to receive the lowest life insurance rates. Needless to say, receiving the lowest life insurance rates is the name of the game. Nobody wants to pay any more than they have to.
How does the life insurance company determine what rate class you will be placed in?
Your rates will be based on a number of these factors:
Age – The younger you are, the less the premiums will be.
Your Gender – The statistics show women live longer than men do and they also go to the doctor more often for checkups which could lead to diagnosing a medical condition before it has time to advance.
Overall Health – Your overall health history will be taken into consideration. This would entail any prescription medication taken on a regular basis regardless what it is for. Also, if you have any other medical conditions such as high blood pressure, high cholesterol, anxiety, depression or any other medical conditions.
Parents Medical History – This would only include medical conditions such as heart disease or Cancer that could be passed down to you through genetics. They would be looking for any pre-mature deaths with your parents relating to one of these problems which would even include Diabetes.
Onset of Diabetes – The onset of Diabetes would be the date you were first diagnosed with the condition.
The Type of Diabetes – This would be your Type 1, Type 2 and Gestational Type.
Blood Sugar & Glucose Levels – If your Glucose levels are within normal specs that will be a very positive mark in your favor. Regular visits to your doctors along with regular blood tests will help you keep your readings in check.
A1C Readings – The A1C test will measure the glucose also known as blood sugar in your blood by assessing the amount of glycated hemoglobin. A A1C level below 5.7 percent is considered normal. An A1C between 5.7 and 6.4 percent signals pre-diabetes. Type 2 diabetes is diagnosed when the A1C is over 6.5 percent.
Is it difficult to obtain Term life insurance with low rates for Diabetes?
No, not usually, especially if the condition is controlled but always keep in mind that it pays to work with an independent life insurance agent that represents many companies and has sufficient experience with high risk medical conditions and especially all the versions of Diabetes. This would be just like a person needing a lawyer for a criminal violation and hiring a real estate lawyer instead.
What life insurance companies work well with Diabetes applicants?
Luckily there are a number of excellent companies for people with Diabetes such as Banner Life, AIG American General, Voya Financial-ReliaStar, Prudential, John Hancock, Sagicor and Anico among a number of others.
Feel free to contact us 7 days a week for sound advice on how to get the best life insurance rates for Diabetics.
Affordable Term life insurance for diabetics is now a reality that can open up new doors that were once closed to people with this condition. Choosing the correct and most applicable life insurance carrier is going to be an important factor when choosing a plan regardless if it is Term life insurance for Diabetics, Universal life. If you have a Diabetes condition, you can still go out and purchase low cost life insurance that is very affordable. Call us with any questions you may have, we would gladly answer any of your question with no cost or obligation.
There are many life insurance companies to choose from and they all have their preferred niche markets.We shop the market to get you the most applicable carrier to get you the lowest life insurance rates. Our consumer quote engine lists all the most affordable life insurance quotes so your can get the best choice of Term life insurance , Universal Life or Whole life insurance. Our staff is here to help you.
Feel free to contact us 7 days a week with any questions you might have. Our service is totally free and we can go over your many option so you may purchase life insurance with low rates for Diabetics.
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