Type 1 diabetes, often call juvenile diabetes, has had a rough road with life insurance underwriters over the years. There has been a recent shift toward what is call “clinical underwriting” that has brought the type 1 diabetic issue into a fairer light.
Type 1 or type 2 diabetes can both have severe collateral effects on the body if not well controlled. Type 1 diabetes always concerned underwriters more because with more years to work on the body and cause collateral issues, the chances seemed greater that the disease could have a negative impact on mortality, the very basis for life insurance quotes.
The shift in underwriting has come with the realization that well controlled type 1 diabetes has a much lower chance of causing collateral health issues and therefore has a very small impact on mortality expectations. That leads to lower life insurance rates.
What do underwriters look for? An A1C of under 7, under 6.5 would be optimal. A person who takes their diabetes management seriously, checking glucose frequently and having a review with their doctor at least every 3 months is a positive thing. Bottom line, a diabetic who cares enough to take care of themselves, has a great chance of getting great life insurance quotes.
This post is somewhat dated. Life insurance underwriting is changing and evolving continually. For more updated information check out some of the key word links. If you have a specific question or topic you need information for do a search. If you don’t find the answers you need contact me and we’ll make sure you get the information that is important to you.
My 20 years of experience give me the knowledge and leverage to find reasonably-priced life insurance for people who have been declined or are paying more than they need to.
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