Life insurance is available for individuals with diabetes, including both Type 1 and Type 2, though premiums are typically higher than for non-diabetic applicants. The cost depends on the type of diabetes, how well it is controlled (measured primarily by A1C levels), the presence of any complications, medications used, and other health factors. With the right carrier, well-controlled diabetics can obtain coverage at competitive rates.
For Type 2 diabetes, which is more common and generally viewed more favorably by carriers, illustrative rate impacts might be: Well-controlled (A1C under 7.0, no complications): Standard to Table 2, translating to illustrative monthly premiums of $45 to $75 for a $250,000 20-year term for a 50-year-old (vs. $35-$60 for non-diabetic). Moderately controlled (A1C 7.0-8.0): Table 2 to Table 4, illustrative $60 to $100. Poorly controlled (A1C over 8.0, complications present): Table 4+ or decline from many carriers.
For Type 1 diabetes, premiums are generally higher due to the longer duration and different management challenges. Well-controlled Type 1 with no complications might qualify for Table 2 to Table 4 ratings, while Type 1 with complications may face Table 6+ or decline from some carriers. Carriers evaluate the age of onset, current A1C levels, insulin regimen, and presence of diabetic retinopathy, neuropathy, or nephropathy.
The key to finding affordable coverage with diabetes is working with an agent who understands which carriers have the most favorable diabetic underwriting guidelines. Different carriers specialize in different health conditions, and the same applicant can receive dramatically different offers. A licensed agent in our network can match your diabetes profile with the most favorable carriers. All figures are illustrative; actual premiums vary by carrier and individual underwriting.