When trying to get life insurance, diabetes patients may have a difficult time. Many life insurance companies may not cover individuals with diabetes due to the increased risk of a shorter life span. When looking at companies for life insurance, diabetes patients may first want to see if they offer life insurance for diabetes patients. Once that is established, the next step may be looking into what is required to get life insurance. Diabetes patients may be required to submit their medical records to the insurance company.
The cost of life insurance for diabetes patients may be higher than the price of life insurance for others. For pregnant women looking for life insurance, diabetes may be a temporary situation. In the case of gestational diabetes, mothers may be better off waiting until after the baby is born to apply for life insurance. For more information on gestational diabetes, read “Finding a Competitive Term Life Insurance Rate with gestational Diabetes”.
In the world of life insurance, diabetes may be considered high risk, so the life insurance policies available may be high risk policies. You may be required to submit information such as the type of diabetes you have, how long you have had it, how many times you have been in the hospital, and whether or not you are insulin dependent.