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Term Life Insurance for People with Diabetes

Learn how people with diabetes can secure term life insurance to protect their loved ones. Discover options, tips, and strategies for success.

Term Life Insurance for People with Diabetes

Key Takeaways:

  • Term life insurance options are available for people with diabetes, although premiums may be higher
  • Controlling blood sugar levels, regular check-ups, and a healthy lifestyle can help secure more favorable term life insurance rates
  • Working with a specialized insurance broker and comparing quotes from multiple insurers can help find the best coverage options
  • Demonstrating stability in managing diabetes and making positive lifestyle changes can lead to better term life insurance options over time
  • Some insurers offer diabetes-specific term life insurance policies with more lenient underwriting and additional resources

Living with diabetes can present various challenges, including securing term life insurance to protect your loved ones financially. While obtaining term life insurance with diabetes may be more complex and costly than for those without the condition, it is still possible to find suitable coverage. In this comprehensive guide, we'll explore the options available, provide tips for navigating the application process, and discuss strategies for managing your diabetes to improve your insurability and secure the best rates.

Understanding Diabetes and Its Impact on Term Life Insurance

Diabetes is a chronic condition that affects how the body processes glucose (sugar). There are two main types of diabetes: Type 1 diabetes, an autoimmune disorder in which the body does not produce insulin, and Type 2 diabetes, in which the body does not effectively use insulin or does not produce enough insulin. According to the Centers for Disease Control and Prevention (CDC), over 37 million Americans have diabetes, with the majority having Type 2 diabetes.When applying for term life insurance with diabetes, insurers will consider several factors related to your condition, including:

  • Type of diabetes (Type 1 or Type 2)
  • Age at diagnosis
  • Duration of the condition
  • Blood sugar control (hemoglobin A1c levels)
  • Medication and insulin use
  • Presence of complications or related health conditions
  • Overall health and lifestyle factors

People with well-controlled diabetes and no significant complications may be able to qualify for standard or mildly substandard term life insurance rates, although they will still be higher than rates for those without diabetes. However, those with poorly managed diabetes, a history of complications, or multiple chronic conditions may face higher premiums or limited coverage options.

Advantages of Term Life Insurance for People with Diabetes

Term life insurance provides coverage for a specific period, typically 10, 20, or 30 years. If the policyholder passes away during the term, the beneficiaries receive the death benefit. For people with diabetes, term life insurance offers several advantages:

  1. Affordability: Term life insurance policies generally have lower premiums compared to permanent life insurance policies, making them a more affordable option for people with diabetes who may face higher rates due to their condition.
  2. Flexibility: Term life insurance allows you to choose the coverage term that best suits your needs and budget. This flexibility can be particularly valuable for people with diabetes, as their insurance needs and health status may change over time.
  3. Higher coverage amounts: Term life insurance policies typically offer higher coverage amounts than permanent life insurance policies for the same premium. This can be beneficial for people with diabetes who want to ensure their loved ones are adequately protected.
  4. Convertibility: Some term life insurance policies offer the option to convert to a permanent policy without additional medical underwriting. This feature can be advantageous for people with diabetes, as their health status may change over time, making it more difficult to qualify for new coverage.
  5. Specific coverage periods: Term life insurance can be used to cover specific financial obligations, such as a mortgage or a child's education expenses. For people with diabetes, this targeted coverage can provide peace of mind knowing that their loved ones will be financially secure during crucial periods.

While term life insurance may not build cash value like permanent policies, its affordability, flexibility, and high coverage amounts make it an attractive option for people with diabetes seeking financial protection for their loved ones.

Tips for Securing Term Life Insurance with Diabetes

When applying for term life insurance with diabetes, consider the following tips to improve your chances of obtaining coverage and finding the best rates:

  1. Control your blood sugar levels: Demonstrating that your diabetes is well-managed through medication, insulin therapy, regular check-ups, and maintaining a target hemoglobin A1c level (typically below 7%) can significantly improve your insurability. Provide evidence of your diabetes management, such as medical records and blood sugar logs, to support your application.
  2. Work with a specialized insurance broker: An independent insurance broker who specializes in finding coverage for people with pre-existing conditions like diabetes can help you navigate the complex landscape of term life insurance. They can assess your unique circumstances, compare quotes from multiple insurers, and advocate on your behalf to secure the best coverage at the most affordable rates.
  3. Be honest and thorough in your application: Disclose all relevant information about your diabetes and overall health on your term life insurance application. Withholding or misrepresenting information can lead to denial of coverage, higher premiums, or even policy cancellation in the future. Be prepared to provide detailed medical records, including A1c levels, medication lists, and any related complications or health conditions.
  4. Consider diabetes-specific term life insurance policies: Some insurers offer term life insurance policies specifically designed for people with diabetes. These policies may have more lenient underwriting requirements, offer additional resources for managing diabetes, or provide incentives for maintaining good blood sugar control. Research these options to see if they could provide more favorable coverage for your needs.
  5. Make positive lifestyle changes: Adopting healthy habits, such as maintaining a balanced diet, exercising regularly, managing stress, and not smoking, can not only improve your diabetes management but also demonstrate to insurers that you are proactively taking care of your health. Over time, these positive changes may lead to more favorable term life insurance options and rates.
  6. Start early and review your policy regularly: If possible, apply for term life insurance as soon as you are diagnosed with diabetes or when you are younger, and your condition is well-controlled. This can help you secure more favorable rates and coverage. As your health status or personal circumstances change, review your term life insurance policy periodically to ensure it still meets your needs and budget.

Managing Diabetes for Better Term Life Insurance Options

In addition to following the tips above, people with diabetes can take proactive steps to manage their condition and improve their overall health, which can lead to better term life insurance options over time:

  1. Attend regular check-ups: Schedule regular appointments with your healthcare team to monitor your diabetes, review your treatment plan, and address any concerns or complications.
  2. Monitor your blood sugar levels: Regularly check your blood sugar levels and use continuous glucose monitoring (CGM) devices as directed by your healthcare provider. Keep a record of your readings and share them with your doctor to help assess your diabetes management.
  3. Follow your treatment plan: Take your prescribed medications and insulin as directed and work with your healthcare team to adjust your treatment plan as needed.
  4. Eat a healthy diet: Adopt a balanced diet that is rich in nutrients and low in added sugars and unhealthy fats. Work with a registered dietitian who specializes in diabetes to create a meal plan that fits your needs and preferences.
  5. Stay physically active: Engage in regular physical activity, aiming for at least 150 minutes of moderate-intensity exercise per week. Exercise can help improve insulin sensitivity, manage weight, and reduce the risk of complications.
  6. Manage stress: Practice stress management techniques, such as relaxation exercises, mindfulness, or talking to a therapist. Chronic stress can impact blood sugar levels and overall health.
  7. Educate yourself: Stay informed about the latest advancements in diabetes management, including new technologies, treatments, and research. Attend diabetes education classes, join support groups, and work closely with your healthcare team to stay up-to-date and empowered in your diabetes care.

By taking a proactive approach to manage your diabetes, you can not only improve your overall health and quality of life but also demonstrate to term life insurance providers that you are taking steps to control your condition and reduce your risk. Over time, this can lead to more favorable term life insurance options and rates for people with diabetes.

Frequently Asked Questions (FAQs)

  1. Q: Can I get term life insurance if I have diabetes and other health conditions?
    A: Yes, people with diabetes and other health conditions can still obtain term life insurance, although options may be more limited and premiums higher. The impact on your insurability and rates will depend on the specific condition, its severity, and how well it is managed. Working with a specialized insurance broker can help you find the most affordable coverage options for your unique situation.

  2. Q: How much more expensive is term life insurance for people with diabetes? 
    A: The cost of term life insurance for people with diabetes can vary widely depending on factors such as age, type and control of diabetes, overall health, and policy type. On average, premiums for people with diabetes can be two to three times higher than those for people without diabetes. However, shopping around, demonstrating good diabetes management, and making positive lifestyle changes can help secure more affordable rates.

  3. Q: Can I be denied term life insurance because of my diabetes? 
    A: While it is possible to be denied traditional term life insurance coverage due to diabetes, there are alternative options available, such as guaranteed issue or simplified issue policies. Working with a specialized insurance broker can help you find coverage even if you have been denied in the past.

  4. Q: What if my diabetes is not well-controlled? Can I still get term life insurance? 
    A: If your diabetes is poorly managed, obtaining term life insurance may be more difficult or expensive. However, options like simplified issue or guaranteed issue policies can provide coverage with more lenient underwriting requirements, although with lower death benefits and higher premiums. Taking steps to improve your diabetes management can lead to better term life insurance options over time.

  5. Q: Are there any term life insurance providers that specialize in coverage for people with diabetes? 
    A: Yes, there are several insurers and brokers that specialize in offering term life insurance for people with diabetes, such as Diabetes Life SolutionsHealth IQ, and Prudential. These providers may have more flexible underwriting requirements, offer diabetes-specific programs, or provide additional resources for managing your condition. However, it's still essential to compare quotes and policy features from multiple providers to find the most affordable coverage for your needs.


Securing term life insurance with diabetes may present some challenges, but it is not impossible. By understanding how your condition impacts your insurability, exploring the various policy options available, and working with a specialized insurance broker, you can find coverage that meets your needs and budget.

The key to obtaining the best term life insurance options is to take proactive steps to manage your diabetes. By attending regular check-ups, monitoring your blood sugar levels, following your treatment plan, maintaining a healthy lifestyle, and staying informed about diabetes management, you can improve your overall health and demonstrate to insurance providers that you are taking control of your condition.

Remember, even if you face obstacles or higher premiums initially, don't give up on finding term life insurance coverage. With the right approach and support, you can protect your loved ones financially and gain peace of mind for the future.Regularly review your policy and continue to make positive changes in your diabetes management, as this can lead to more favorable term life insurance options over time.

Consult with a knowledgeable insurance broker who specializes in finding coverage for people with pre-existing conditions like diabetes. They can help you explore all available options and find the term life insurance policy that best suits your unique needs and budget. With persistence and proactive management of your diabetes, affordable term life insurance is within reach.

CDC - Diabetes Quick FactsInvestopedia - Life Insurance for DiabeticsPolicygenius - Life Insurance for DiabeticsNoExam.com - Life Insurance with DiabetesLife Insurance Blog - What Happens If You Lie on a Life Insurance ApplicationAmerican Diabetes Association - Diabetes Life Insurance and Disability InsuranceCDC - Managing DiabetesNIDDK - Know Your Blood Sugar NumbersCDC - Manage Your Diabetes: Medication and InsulinAmerican Diabetes Association - Recipes & NutritionAmerican Diabetes Association - FitnessAmerican Diabetes Association - Stress ManagementAmerican Diabetes Association - Healthy LivingHealthline - Can You Get Life Insurance If You Have Type 2 Diabetes?Diabetes.co.uk - How Much More is Life Insurance for Diabetics?JDRF - Life Insurance Options for People with Type 1 DiabetesDiabetes Life Solutions - Term Life InsuranceHealth IQ - Life Insurance for People with DiabetesPrudential - Diabetes Life Insurance

Maureen Balmir
Maureen Balmir

Total web advocate. Eleven years working experience in the insurance industry in both claims and underwriting and A holder of Diploma in Insurance

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