If you have Type 2 (Adult Onset) Diabetes, and you control it well, the answer is frequently, “yes.” What’s more, if you choose the right Life Insurance Company, you can get reasonable rates. Many companies have adjusted their guidelines and prices for people with good control over Type 2.
The ideal candidate is someone with good weight and no complications such as nerve damage, kidney problems or heart disease. Usually, the older you were when the onset took place, the better your rates.
The easiest way to determine what your rates might be is to contact an independent company like SelectQuote, that represents a number of highly rated Life Insurance companies that specialize in different risks.
To get an accurate quote be sure to tell your agent how many days a month your sugar level exceeds 120. And your most recent AIC level, which measures your average blood sugar levels over the past 8 to 12 weeks.
It is more difficult for people with Type 1 Diabetes to get Life Insurance, but it’s worth a call to an independent Life Insurance sales agency to see what might be available.
SelectQuote has exclusive videos of Suze Orman offering impartial advice on buying Life Insurance.