Can I Get Life Insurance If I Have Diabetes? | Quotacy’s Health Check

Hey everyone, we’re Jeanna and Natasha from Quotacy, an online life insurance agency where you can get life insurance on your terms. At Quotacy, our goal is simple: to make it easy for everyone to buy the right amount of life insurance to protect their loved ones. Today, we’re talking about diabetes and the impact it has on the life insurance buying process. The good news is, just because you have type 1 or type 2 diabetes, doesn’t mean you’ll automatically be declined for life insurance. When it comes to diabetes, there are a few key things, such as your A1C levels and how well it’s managed, that will dictate how the life insurance companies evaluate your application to determine the price you’ll pay. However, if you have diabetes, you will pay more for coverage than the average healthy person that does not have diabetes. For example, this graphic shows how diabetes affects the cost of a 20-year $250,000 term life insurance policy. These quotes are for three 35-year-old males who are otherwise completely healthy except the man on top has type 1 diabetes, the man in the middle has type 2, and the man on the bottom has neither. To make sure you’re getting the best possible price, work with an independent broker like Quotacy because brokers are not tied to one insurance company. They can shop the market to find a policy that fits your needs and budget. Not all life insurance companies evaluate health conditions in the same way. For example, for diabetes specifically, the way companies view A1C levels can vary. Let’s look at another illustration. Here is a 65-year-old male. He does not smoke and is otherwise healthy except he was diagnosed with type 2 diabetes five years ago. His A1C level is 6.5. He’s applying for a 10-year term policy with $250,000 of coverage. Insurance Company A offers him Standard, putting his price around $227 per month. Insurance Company B offers him Standard Plus, putting his price around $164 per month. Insurance Company C offers him Preferred, putting his price at $135 per month. This is why working with Quotacy can help you. Your agent will anonymously shop the details of your case with all the top-rated life insurance companies we work with to match you with the company who will give you the best offer. This is how it works. Once you choose a policy and complete your online application, first your dedicated Quotacy agent will introduce themselves, and if needed, ask a few follow-up questions about your diabetes via email. This is to make sure we have a clear understanding of your unique situation so we can set realistic expectations upfront. It’s important to mention that we are on your side, so the more we know, the better we can assist you. From there, your agent will send any and all details you’ve provided to our research team that has over 30 years of experience reviewing and underwriting life insurance applications. If our research team feels that a different insurance company other than the one you chose online is going to give you a better price, your agent will present some options to you. The choice to either stay with your original pick or switch is 100% up to you. We just want to be completely transparent about your options. Whatever decision you decide, your agent will be your advocate and keep you updated every step of the way through the process. It’s important to note that if you have diabetes, online life insurance quoting tools alone can’t give you 100% accurate information. There are just too many variables for a computer to calculate. If there is a company out there showing you a cheaper price than what your Quotacy agent can find, that other company is likely only showing you a best-case scenario price and not factoring in your diabetes properly. There are no coupons or promo codes when it comes to life insurance. It’s all very tightly regulated. To find out how much life insurance would cost you, head on over to, run a quote and apply right online. It takes less than five minutes and there is no obligation to buy. If you aren’t satisfied with the life insurance policy Quotacy finds you, you can walk away. There is no cost to apply for life insurance. No fee to cancel the process. And no hard feelings. If you want more in-depth information about how diabetes affects life insurance pricing, check out the blog link in the description below. To get your price, we also included a link to our quoting tool. Thanks for watching! Bye! Thanks for sticking around. We’d appreciate it if you Liked the video and hit that fancy little Subscribe button to see us every week. Bye!

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