life4diabetes

Life Insurance Medical Exams and Diabetes

Sun, 13 Aug 2017 09:58:38 GMT

When you are trying to get a life policy as a diabetic, the process can be tricky. Bad advice abounds, but if you follow some simple steps, you can almost always get coverage issued.

If you have no insurance now, be careful about taking a medical exam. Why? Because you need to get insurance in place for your family. Unless you know exactly what the nurse is going to find when testing your blood and urine, I’d avoid policies that require a paramed exam. You don’t want the paramed to be your first physical exam in 3 years. If they find something new in your health, it may ruin your chances for getting anything at all. Remember what you are trying to do. Everyone wants a good deal, but this is about your family and they need the coverage. You may need to take a bit less than you originally wanted, but it’s better than nothing isn’t it? Get a policy in place first and then shop later for better rates. Make sense?

So what do you do? Find an agent who specializes in life insurance for diabetics . They will know what companies offer underwriting and policies that will maximize your chances of getting approved. Once your policy is in place, your agent can get more aggressive in finding something that is better priced or has a higher face amount. Whether you are looking for life insurance for a parent or yourself, having diabetes won't stop you from getting the coverage you need.

For more information or to speak with one of our Life4Diabetes specialists, please fill out our quote request form .

Need help finding life insurance? Give us a call at (866) 646-5570 for a free no obligation quote.

How to Buy Life Insurance if You Are Diabetic

Sun, 13 Aug 2017 09:55:54 GMT

What you apply for and where you apply makes ALL the difference! Don’t take chances! Request A Quote from a Life4Diabetes specialist today!

As a person with diabetes, you have more options than you might realize. Buying life insurance as a diabetic depends on several factors. The main factor depends entirely on you: CONTROL of condition. Are you taking your meds? Is you A1C reading in acceptable range? If the answer is yes, then congratulations, you have several options! If no, you still have options, just not as many. How and where you apply is key.

When buying life insurance with diabetes, you must do the following:

A knowledgeable agent who understands the condition and how it affects the process of getting life coverage is an absolute MUST. This can be a challenge as the vast majority of agents are not trained to handle these cases. This is one of the main reasons so many cases are declined or postponed.
Take care of yourself. You are on a treatment regimen….stay on it!
Know when (and when NOT) to apply for a policy that requires a medical exam. Sometimes a medical exam can be a great way to get a lower premium. Other times, it may be THE REASON you are declined for ANY coverage at all! Sometimes it helps to take an exam and sometimes actually HURTS! If your condition is well controlled, an exam is fine. If it is not under control, you’d be well-advised to go a different route. Again, your agent should be able to advise you here.
Get something in place. If you don’t have anything in place now, don’t feel like you have to get all the insurance in place at one time. You may need to get some now and some later. We advise people all the time to “get what we know will issue now” and then, once in place, go for the rest. Takes the pressure off knowing that you have a policy in place!

Need help finding life insurance? Give us a call at (866) 646-5570 for a free no obligation quote.

Do Your Policies Have a 2 Year Waiting Period?

Sun, 13 Aug 2017 09:52:25 GMT

In most cases, NO. Two year waiting periods apply to policies that are graded, modified or guaranteed issue. While we do offer those policies, the vast majority of what we offer does not require a 2 year wait.

Need help finding life insurance? Give us a call at (866) 646-5570 for a free no obligation quote.

I Heard that I Cannot Get Life Insurance Because I Take Insulin. Is This True?

Sun, 13 Aug 2017 09:49:26 GMT

No! This is a common misconception. Insulin use will not disqualify you in getting coverage.

Need help finding life insurance? Give us a call at (866) 646-5570 for a free no obligation quote.

Are These Guaranteed Issue Policies?

Sun, 13 Aug 2017 09:46:36 GMT

In most cases, NO. Most diabetics qualify for an immediate death benefit. We offer guaranteed issue products for clients with severe health issues but, happily, we don’t have to resort to them very often.

Need help finding life insurance? Give us a call at (866) 646-5570 for a free no obligation quote.

I Was Recently Told that I Cannot Get Coverage Because I Have Diabetes.

Sun, 13 Aug 2017 09:44:02 GMT

You were told wrong. This is pretty common. the person who told you that was probably trained that way. They may not know any better.

Need help finding life insurance? Give us a call at (866) 646-5570 for a free no obligation quote.

I Have Life Insurance Already, Why Should I Talk to You?

Sun, 13 Aug 2017 09:41:05 GMT

Because of widespread misconceptions in products and agent understanding, you may be paying more than you could or should be. We know where the best rates are and can quickly tell you whether the policy you have is a good deal compared to what we can do for you.

Need help finding life insurance? Give us a call at (866) 646-5570 for a free no obligation quote.

If There Are so Many Solutions out There, Why Was I Declined Last Year?

Sun, 13 Aug 2017 09:38:12 GMT

Your agent might have unknowingly submitted your case to an insurance carrier that doesn't take diabetics or applied for a case that you did not qualify for health-wise. We have very few declines because we know what is likely to issue before we ever send it in.

Need help finding life insurance? Give us a call at (866) 646-5570 for a free no obligation quote.

What Is the Most Common Reason a Diabetic Is Declined Coverage

Sun, 13 Aug 2017 09:12:57 GMT

There are two. Lack of control of the diabetes condition and applying to the wrong life insurance carrier. Both issues can be avoided with the right insurance agent.

Need help finding life insurance? Give us a call at (866) 646-5570 for a free no obligation quote.