No Exam Life Insurance for Diabetics and 4 Tips for the Best Rate 2018

Diabetic life insurance

At TermLife2Go, we work with the best life insurance companies in the U.S. What makes them the best? Each company caters to certain niches, including life insurance for diabetics. Which means, if you need life insurance you are going to be best served going with a diabetes friendly company.

But choosing a company favorable to diabetics is only half the battle. Insurance underwriters look at other factors, such as health, lifestyle, occupation and need.

Therefore, the key  to getting the best rates on life insurance with diabetes is to apply with the right company for you—based on your unique health, occupation, lifestyle and need.

And that is where TermLife2Go can shine. Whether you are in the market for the quickest policy and/or the lowest priced policy, we can point you in the right direction and give you the guidance you need to help you obtain the lowest price on life insurance with type 2 diabetes.

Need life insurance fast? We also work with the best no exam life insurance companies. We can direct you to the most diabetic life insurance friendly no exam company in the marketplace, some that may offer you instant approval!

Obtaining Diabetic Life Insurance in 2018

Everything you need to know about getting life insurance with type 2 diabetes

All too often we have to break the news to our client that they have diabetes. The sad truth is most people looking for life insurance with diabetes don’t even know they have the disease. It is a silent killer because the symptoms are typically asymptomatic and does not show itself until something significant occurs, such as a stroke.

The good news is people are becoming more aware of the dangers of diabetes and how to properly treat the disease to obtain a long and healthy life.

This has made specific life insurance companies underwriting more favorable to those with controlled diabetes. Applying with one of these companies is one of the keys to finding the best rates on life insurance with diabetes.

Now if you have diabetes, there are some things you should know to help you achieve the best possible results on life insurance for diabetics and secure the lowest price available. It all starts by asking four important questions.

Life insurance with type 2 diabetes—four important questions you need to ask:
  1. Can I get life insurance with diabetes?
  2. What rate class can I qualify at for life insurance with diabetes?
  3. What is the life insurance underwriting process for approval with diabetes?
  4. Who the best life insurance companies for diabetics?

Life Insurance with Diabetes Type 2

Diabetes is characterized by sugar in the blood. What is occurring is the body cannot use the insulin that is created properly resulting in type 2 diabetes.  Or the pancreas does not make insulin or does not make enough insulin resulting in type 1 diabetes (see our companion article on qualifying for life insurance with type 1 diabetes).

These are very rudimentary definitions but the main problem with diabetes is too much sugar in the bloodstream. Over time, problems arise affecting other body functions, resulting in damage to the kidneys, amputations, and vision loss. Also, left untreated, high blood glucose levels damage nerves and blood vessels, leading to complications such as heart disease and stroke, the leading causes of death among people with diabetes.

Diabetes affects many Americans. In fact, over 27 million people in the U.S. have type 2 diabetes. Due to the increase in of diabetes, U.S. life insurance companies have made huge changes over the last few years.


1. Can I get life insurance with type 2 diabetes?

The quick answer is, YES.

Ultimately, getting life insurance with diabetes will depend on the type of diabetes and the severity of the disease, how well it is being controlled and for how long it has been controlled.

The main things that a life insurance underwriter will inquire into are:

  • What is your A1C level?
  • What is a typical fasting blood sugar level?
  • What medication(s) are you taking?
  • How often you see your physician?
  • What age were you diagnosed?
  • Any complications such as retinopathy, neuropathy, or kidney disease?

So let’s summarize…

Life Insurance for type 2 Diabetics Checklist:

Some information you should know ahead of time would be:

  • What is your A1c level: A good A1c level is anything below 7.5. However, you can still qualify for life insurance as a diabetic with an elevated A1c of 8.5. Ideally, you want your A1c to be below 7 for a chance at a rate class better than standard.
  • What is a typical fasting blood sugar level: A blood sugar level of 140 and below is ideal. However, candidates for life insurance with blood sugar levels up to 180 will still be considered. Some companies also look at your fructosamine levels. This test looks at the client’s blood sugar levels over the past 2 – -3 weeks. Levels between 1.5 and 2.5 are ideal.
  • What medication(s) are you taking: Are you taking pills, or insulin, or both? You may even have your diabetes controlled exclusively through diet. Controlling your diabetes through diet is best. Next, pills are going to be looked at more favorably than insulin. However, even a type 1 or 2 diabetic on insulin can still qualify for affordable life insurance.
  • How often you see your physician: Life insurance companies want to know that you are preventative and that requires at least a bi-annual check up. Seeing your physician on a quarterly basis shows that you are very preventative. Preventative = a good risk for a life insurance company an increases the likelihood that you will be approved at the best rate class possible for diabetics.
  • What age were you diagnosed: As we discuss below, the later in life you are diagnosed, the better rate class you can qualify for. If you were diagnosed before age 30 then it will be very difficult to secure regular life insurance.
  • Any complications such as retinopathy, neuropathy, or kidney disease: Having no complications due to diabetes shows the life insurance underwriter that you have good control over the disease.
Advantage of Diabetes Diagnosed later in life

Are you over age 50 and looking for life insurance with diabetes? The good news is that the older you are when you are diagnosed with diabetes, the better life insurance rate class you can qualify for.

The main reason that a life insurance rate class improves with a diagnosis of diabetes later in life is that the person with diabetes has not been forced to battle high blood sugar for a long period of time. Therefore, he or she is less likely to succumb to the side effects of elevated blood sugar levels associated with diabetes. Side effects such as cardiovascular disease, neuropathy, retinopathy or kidney disease. A better rate class means a lower price. Which leads us to the next section…

2.What rate class can I qualify at for diabetic life insurance?

Life insurance companies have about 12 different rate classes. Your rate class has a direct effect on how much you will pay for life insurance with diabetes. The following list provides the various rate class diabetics can qualify for life insurance at:

  • Most well controlled diabetics will come back at a standard rate class.
  • However, a client with superb documentation, whose diabetes is controlled via diet, and who has a low A1C (below 6), can get a standard plus rate class with certain carriers. There is even a carrier who will offer a preferred or preferred plus rate class for clients over age 60 with diabetes.
  • If your A1C is elevated (7.5 and above) or you are taking insulin to control your diabetes, then you will most likely receive a rate class below standard, typically a table B or table 2 rate class or below.

Here is an example of how life insurance companies look at applicants with diabetes.

If a 35 year old diabetic looking for life insurance had a blood sugar level of 130 and an A1C of 6.5, the best rate class he could obtain would probably be table B, although most clients would probably receive a table D or worse.

However, the rate class would be significantly different on life insurance for diabetics over 50 years old. A client that has a blood sugar level of 140 and an A1C of 7 would probably qualify for life insurance at a standard or standard plus rate class depending on other factors such as cholesterol, blood pressure and build.

Even better is a 60 year old attempting to get life insurance with diabetes who has the same blood sugar levels and A1C as the 50 year old in the previous example. The 60 year old client might qualify for a preferred plus rate class with a specific life insurance carrier.

Now these rate classes are typically reserved for type 2 diabetes. However, insulin dependent diabetics with type 1 diabetes looking for life insurance need not dismay. You can still find affordable rates for life insurance if you have type 1 diabetes.

Sample $500,000 life insurance for diabetics quotes

The below term life insurance quotes are based on the most diabetic life insurance friendly carriers available as of February 2017. Rates are for entertainment purposes only and are not intended to reflect what YOUR actual premium will be. For more accurate quotes, enter your information into our quote form or give us a call. 

Diabetic Life Insurance quotes for males ages 40, 50 and 60

40 Year Old Male Standard Plus Standard Table B Table D
10 Year Term $33 $36 $48 $62
20 Year Term $52 $59 $76 $99
50 Year Old Male Standard Plus Standard Table B Table D
10 Year Term $72 $87 $105 $139
20 Year Term $126 $146 $187 $248
60 Year Old Male Standard Plus Standard Table B Table D
10 Year Term $178 $209 $265 $352
20 Year Term $334 $399 $492 $655

Diabetic Life Insurance quotes for females ages 40, 50 and 60

40 Year Old Female Standard Plus Standard Table B Table D
10 Year Term $28 $32 $39 $50
20 Year Term $41 $48 $59 $77
50 Year Old Female Standard Plus Standard Table B Table D
10 Year Term $59 $68 $86 $113
20 Year Term $93 $110 $137 $181
60 Year Old Female Standard Plus Standard Table B Table D
10 Year Term $118 $139 $183 $243
20 Year Term $229 $278 $337 $448


3.What is the process of applying for diabetic life insurance?

No Exam

Some type 2 diabetics looking for life insurance may be better served with a no medical exam life insurance policy. All you have to do is answer a series of questions about your health and lifestyle. There is no paramedical exam required, which means no blood draw.

And for those of you who believe you may have diabetes but have never been diagnosed, a no medical exam life insurance policy could save you a ton of money. Click below for more reading on the difference between a medical exam and no medical exam life insurance policy.


Another route to take when applying for life insurance with diabetes is a fully underwritten life insurance policy which requires a medical exam. The examiner typically comes to your home and checks your height and weight and takes a small blood and urine sample. Your lab results are then processed. The carrier will request physician statements and look into your medical records. The life insurance company will also do a prescription database check to see what medications you are currently taking and have taken in the past. An underwriter will then assess your “risk” level and give you a rate class assigned to your specific risk.

Your assigned agent at TermLife2Go will then follow up with you and let you know of your approval. The entire process is handled by us so you can just sit back and wait for the life insurance carrier to complete your file. Speaking of life insurance carriers, not all life insurance carriers are the same when it comes to underwriting diabetes!

4. Who are the best diabetic life insurance companies?

Not all life insurance carriers are the same when it comes to underwriting diabetics. As with all industries, competition forces various life insurance companies to revisit various diseases and medications. It is the same with diabetes.

The key to getting life insurance for diabetics is to go with the most type 2 diabetes friendly life insurance company available.

But you need to know which diabetes friendly life insurance carrier has the most liberal underwriting when it comes to insuring clients who have type 1 or type 2 diabetes. Because the goal is to find the best life insurance rates. That is where we come in.

As a consumer, it is in your best interest to work with an agency (think TermLife2Go) that is not bound to any one carrier and will be able to shop your application to dozens of different companies available.  Only by doing this can you ensure that you are procuring the best policy tailored to your individual needs.

TermLife2Go works with dozens of the top rated life insurance carriers. We know the exact companies to go with when our clients have type 1 or type 2 diabetes.

Some potential best diabetic life insurance companies

At any given time one of these insurers could be the best diabetic life insurance company for you. It really comes down to a multiple of factors. Just know, we place you with the best life insurance companies for diabetics in the marketplace. But we need your help. That help comes in the form of prevention.

An Ounce of Prevention…

Prevention is a huge benefit to obtaining life insurance with diabetes. You see, ultimately, a life insurance carrier wants to know that you are taking good care of yourself. If you focus on prevention and have not had to undergo a lot of treatment, then you are considered a good risk for life insurance purposes.

However, if you have not been preventative and you have suffered through various complications, then you will be considered high risk life insurance. And when it comes to life insurance, the greater the risk is, the greater the life insurance premium will be.

A client with type 2 diabetes applying for life insurance that is well controlled looks like this: they take their medication as prescribed, they exercise per doctors orders, and they eat foods that help maintain a low blood sugar level. Prevention is worth a ton to a person buying life insurance with diabetes. Not only does prevention save you money but it also saves your life. That is a win-win.

Have you recently been declined?

Have you recently been declined life insurance due to diabetes? You may have been turned down because the company you went with has tighter underwriting guidelines than the more diabetes friendly life insurance companies who cater to clients with the disease.

We offer a free consultation to anyone with diabetes who has been declined life insurance or approved for a ridiculously high premium. If we cannot help you get life insurance right now we can at least give you the requirements needed to obtain future life insurance. That way you have a concrete goal to shoot for. And study after study shows that with realistic goals in place you can achieve your goals.

For those who have uncontrolled diabetes or who wrestle with high blood glucose levels, burial insurance from one of the top burial and final expense insurance companies might be your only option.


Best news of all!

And the best news of all is that with the increase in attention for diabetes and the better treatment being offered, people with diabetes are living longer than ever. As a result, life insurance carriers are always adjusting their underwriting in an attempt to keep up with the current trends. This means lower premiums and better rate classes for people with diabetes looking for life insurance who make efforts in controlling their condition.

With the increase in awareness of diabetes, life insurance companies will probably continue to move towards more liberal underwriting. As a result, life insurance and diabetes may no longer be an issue. We are not there yet but as more and more people are living long lives with diabetes, we can see that future coming to fruition sooner rather than later.

Lastly, once you have been approved for coverage and are fully insured, don’t forget to look into the possibility of also purchasing a Long Term Disability Insurance Policy as well, because suffering from a premature death isn’t the only way that your family’s financial security can be jeopardized.

About TermLife2Go

At TermLife2Go, we make it our passion to offer the best company at the best price. With dozens of companies to choose from, we can shop around and make sure the company you are going with is going to give you the best rate on diabetic life insurance. And if they don’t, we will take your exam to another life insurance carrier that will. That way, we shop both the front end and back end of the life insurance process.

Read more on how we go the extra mile for our clients with our 4 Step Process for Getting Clients with Pre-Existing Conditions Approved for Life Insurance.

So, what are you waiting for?  Give us a call today or visit our Life Insurance Quotes page and see what we can do for you!

Thank you for reading our article, Life Insurance with type 2 Diabetes: Find the Best Rates. Please leave any questions or comments below.

19 comments... add one
  1. V. Ranganathan

    I am a diabetic patient, taking tablets. Male aged 64 ( D/B is 27/10/1951 ) Brain stroke attacked in August 2017. I can walk, read, speak and write normally. No kidney – Heart diseases.

    Could I get Insurance , If yes then for how many years? I would like to take life Insurance for 2 lacs only.

    • TermLife2Go


      There are “guaranteed issue” life insurance policies that you would likely be able to qualify for depending on what state you live in.


      Why don’t you just give us a call and we’ll see what we can do for you.



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