Regretfully, one in ten Americans are diabetics which makes diabetes one of the most diagnosed health conditions in the U.S. Additionally, the CDC estimates that an additional 8.5 million people in the U.S. have undiagnosed diabetes.

If these numbers aren’t alarming enough, 96 million people are considered to have prediabetes and if they do not address the situation (usually lifestyle change) they will eventually be diagnosed with diabetes.


Easy Article Navigation

Although diabetes can be well-managed with medication and lifestyle changes, the disease can eventually lead to a significant risk of cardiovascular problems such a coronary artery disease, angina, heart attack, and atherosclerosis.

Needless to say, since diabetics can end up with life-threatening illnesses and diseases, life insurance companies take a long look at applicants with diabetes to better understand their disease in order to make a legitimate health classification.

In this article, we will focus on the underwriting and the companies we consider “diabetes-friendly” rather than the disease.


Typical Underwriting Questions for Diabetics

Although at first it will likely seem annoying, it’s important to understand that underwriters need to measure your health risk to determine your health classification. Be prepared to provide the following information even though you consider it intrusive:




  • What is your diabetes diagnosis?\
  • Have you been diagnosed with Type 1, Type 2, or gestational diabetes?
  • How old are you now and when were you diagnosed?
  • How long you’ve had diabetes is important. The longer you’ve had it, the more likely you will experience side-effects. Being diagnosed later in life makes you a better risk to the company.
  • Who is the doctor managing your diabetes?
  • The underwriter will want details like phone numbers and addresses of all physicians you’ve seen in the two or three years along with the management plan for your diabetes.

Your historical A1C levels

The A1C level measures the severity of your conditions and indicates how well it is being managed. A score of 7.0 and below indicates the management plan is being followed. Levels greater than 7.5 indicate a higher risk.

What is your management plan?

Underwriters will ask for details about your diabetes management which will include medication details and lifestyle and diet changes.

Your medical history

Underwriters will ask for your current height and weights and the medical history of your family. They will also ask about other health conditions you may have and the medications you are taking, if any.

Blood glucose levels

Underwriters will ask about recent blood glucose levels and whether you check it routinely. 135 and below is favorable but if it’s higher but under control that will be okay as well.

Current Blood Pressure

Whether you have diabetes or not, high blood pressure will likely impact your life insurance rates.

Current cholesterol levels

If your LDL is high, there is a risk of coronary artery disease.

Have you had a Microalbumin Test?

This test is used to detect kidney damage which is a common side effect of diabetes.

Diabetes associated complications or conditions

There are a number of health conditions that are associated with or a result of diabetes. Your underwriter will ask for details about any of these conditions.


Finding the Best Life Insurance Policy for Diabetics

The type of policy you choose should be based on the financial risks that you are attempting to mitigate (reduce or eliminate). For example, if you are considering income replacement, you’ll need to calculate living expenses for your surviving loved ones, mortgage payoff, college tuition, and the continuation of retirement planning for your spouse or partner.

We recommend that you ask an agent to calculate this for you by using a “life insurance needs analysis” program. If you’d prefer to calculate your insurance needs yourself, there are several calculators available online or use the insurance calculator.

In most cases, a younger family with one or two children will need at least a million dollar death benefit and if that is the case for you, term life insurance will be the most affordable method to cover your financial risk.

If, however, you prefer having life insurance with a cash component that you can build over time, take a look at Universal Life insurance or a mixture of Universal Life and Term Insurance.


Fully Underwritten versus No Exam Life Insurance

Deciding whether to shop for fully underwritten life insurance or no exam life insurance generally depends on how much insurance you require and whether you are opposed to having a medical exam.

Fully underwritten underwriting will always require a medical exam and provides the underwriter with a clear picture of your health. If your life insurance needs are $2 million or higher, it’s unlikely that an insurance company will waive the medical exam requirement.

However, if you are totally against having a medical exam or if you want you life insurance policy issued in a matter of days instead of weeks or months, there are several insurers out there who offer no-exam term life insurance with a death benefit of up to $2 million.

IMPORTANT: It’s never a good idea to select a no-exam life insurance policy in an attempt to not disclose a health issue. When you sign the application, you are acknowledging that every answer you provided is true and correct to the best of your knowledge. Intentionally omitting medical or lifestyle information could be grounds for the insurance company to deny a claim if you die in the first 2 years.


Companies We Recommend for Life Insurance for Diabetics

The list generally includes companies that are represented by independent insurance professionals and not the flagship companies like State Farm or Allstate. Most independent insurance professionals like represent many highly-rated life insurers who are willing to consider high-risk cases instead of an automatic decline.

The post Life Insurance for Diabetics – Best Companies in 2022 appeared first on

Skip to content