Because of the many health complications and mortality rates associated with diabetes, some life insurance companies are reluctant to cover anyone who has a definitive diagnosis. This is understandable when you consider that diabetes is in the top ten highest causes of death in the United States. However, many insurers are willing to provide coverage if you have good control of your diabetes and demonstrate that you take control of your health.
What Underwriters Consider When an Applicant Has Diabetes
When you apply for life insurance, the underwriter looks at several factors related to your diabetes, as well as several that are not related. Some of the information he or she may ask you to provide includes the following:
- The type of diabetes you have and how old you were at diagnosis
- Your blood sugar readings on a typical day
- The last A1C reading your doctor recorded for you
- The name, strength and dosage of all medications you currently take
- If you are currently or have in the past experienced any complications directly related to diabetes
The person reviewing your application is more likely to approve you for life insurance coverage if you show that you eat a healthy diet, get the recommended amount of exercise and follow your doctor's advice to manage your condition. He or she is looking for a predictable pattern of behavior that reduces your risk to the company.
We'll Help You Find a Good Fit
Because of our extensive connections in the life insurance industry, we can match you to an insurer that best meets your needs. The most important thing you can do when completing the life insurance application is provide honest and complete information about your diabetes. This ensures that the each company that considers your application looks at your diabetes as only a small portion of your overall health.
We’ll help you find the coverage you need. Call McFarlin Insurance Agency at (410) 312-7800 for more information on Washington DC life insurance.