I Have Diabetes – Can I Get Life Insurance?
This is a question I hear every week from clients that I meet with, and it is a good question. The answer is yes, you can get insurance, but it is also a little more complicated.
Most of the large traditional life insurance carriers that I sell for pretty much automatically decline anyone coverage who has diabetes. This is where a lot of people start and stop. They apply for coverage with one of the big companies, have to go through a medical, get blood and urine work done, only to be told that the insurance company will not give them coverage.
However, because I am a broker, and sell for many more companies than just the traditional life insurance companies, I have a lot of options at my disposal for my clients. Also, since I specialize in non-medical life insurance, I can always find coverage for my clients. Really, the only scenario when I can’t find coverage for my clients is when they are too old (which is usually above 80).
Even with diabetes, I have multiple companies that I can offer life insurance coverage to, and at very affordable prices as well. Probably a third of the senior clients that I meet with have diabetes, it is a very common condition, and when you come to me, I will be able to find you an excellent and affordable amount of life insurance coverage.