Diabetes Life Insurance For Los Angeles Residents

Diabetes affects one in ten American adults, according to the Centers for Disease Control and Prevention. Patients with diabetes can get life insurance, but choosing the right company is crucial. As long as your diabetes is well-managed and under control, you may qualify for a policy at a good rate.

Application Process for Diabetes Life Insurance in Los Angeles

Diabetes puts you at a higher risk for insurers, just like other pre-existing conditions. Finding a company in Los Angeles that has experience helping diabetics is so important. Insurers carefully examine your diabetes medical history, overall health, and other factors when you apply for life insurance. They use this information to determine your policy’s cost.

The most important factors insurers look for include:

• Your age
• Age of initial diabetes diagnosis
• Type of diabetes (type 1, 2, or gestational)
• How well you control your diabetes (measure by your A1c
• Treatments and how you manage your diabetes
• General health history
• Family medical history
• Alcohol and tobacco use

Diabetes Life Insurance Tip:

Life insurance for type 1 diabetics differs from that for type 2 diabetics. Type 1 diabetes cannot be covered by life insurance until 30 with juvenile diabetes, 25 with a diagnosis in your teens, and 30 with an adult diagnosis. The underwriting factors include your A1c, whether you use a pump or self-monitor, and whether you have any collateral health issues.

Diabetic Life Insurance Options in Los Angeles

Ultimately, the type of policy you need depends on your budget. Some coverage is always better than no coverage.

• Term Life Insurance: Rates for these policies are the lowest and last for a set number of years, such as 10, 15, 20, 30 or even 40. You must complete a health questionnaire and undergo a medical exam in order to qualify. This is a good option for people with controlled diabetes.
• Whole Life Insurance: These policies provide lifelong coverage, and a portion of your premium is invested each month, giving your policy a cash value. Whole life insurance is typically more expensive than term life insurance, as well as requiring a medical exam.
• Guaranteed Issue Life Insurance: If your diabetes is not well controlled, this might be a good option. There is no medical exam or health questionnaire required. Policies range from age 18 to 70 with amounts up to $100,000.

Find Affordable Diabetes Life Insurance in Los Angeles

Individuals with diabetes have had great success finding affordable rates through the Hinerman Group. Get in touch with us and we’ll help you find the best life insurance policy for your needs.