How The Type Of Treatment Affects Diabetic’s Life Insurance Premium

How The Type Of Treatment Affects Diabetic’s Life Insurance Premium
Chris Stocker
Owner and author of The Life of a Diabetic

Last Updated on September 14, 2021

Whenever a person has an adverse health condition, it is possible that they may either be required to pay more in premium for their life insurance policy – or be turned down for coverage altogether. This typically will depend on the specific condition that they have, its severity, and the treatment that the person is using for the affliction. It is known that your diabetes treatment affects life insurance premiums.

When it comes to diabetes, there are actually two types of this condition, Type 1 Diabetes and Type 2 Diabetes. While Type 2 diabetes is not typically as severe as Type 1, both types of diabetes will require that the affected individual make lifestyle and dietary changes, take various medications (oral and / or injection), or both. In doing so, this could have an effect on the individual’s life insurance premium if he or she were applying for coverage.

Why Diabetes Can Be Risky

Any time that an individual applies for life insurance coverage, the insurance underwriters will review the applicant and attempt to determine whether or not the individual will pose a risk of claim to the insurer. In doing so, the underwriters will review a variety of different factors – a primary one being the anticipated life expectancy of that individual.

When a person has been diagnosed with diabetes, there are actually two forms of this condition, Type 1 and Type 2. Type 2 diabetes is considered to be less severe than Type 1, and it is much more common. It is estimated that roughly 90 percent of those who have diabetes have Type 2.

With Type 2 diabetes, a person’s body either does not produce enough insulin to maintain a “normal” level of blood glucose (or sugar) in the body, or the person’s body simply resists the effects of insulin altogether.

With Type 1 diabetes, a person will have either extremely high or extremely low blood sugar. This type of diabetes typically requires that the individual always takes insulin, either via injections, or through an insulin pump. For Type 2 diabetics it is extremely important to maintain a balanced level of nutrition and regular exercise in order to remain healthy.

Available Treatments For Diabetics

Those who have diabetes will typically have three types of treatment that are available to them – although, not all three of these treatment types will work for all affected individuals.

Diet & Exercise

One of the first forms of treatment that doctors may suggest is diet and exercise. Oftentimes, those who have Type 2 diabetes can help their condition by simply modifying their food intake and by adding an exercise regime into their daily routine. In many cases, after implementing these changes, individuals who have very mild cases of diabetes and / or those who are considered to be pre-diabetic can be cured.

Yet, even with success in taking measures with diet and exercise, if someone has been diagnosed with diabetes – regardless of how mild the condition may be – the individual will still likely be approved as a Standard life insurance policy holder (as versus a Preferred), unless they are otherwise in exceptionally good health.

Oral Medicine

Today, there are also several types of oral medication that can be prescribed for more mild cases of diabetes. In the past, most diabetics were required to take insulin shots. However, more recently, different medications for diabetes have been developed that can be taken orally for those who have very low A1C levels.

Many individuals who take these medications – and no additional medications – can oftentimes qualify for life insurance at a Standard policy rating. This means that they can pay the same premium rate as other “average” policy holders in their same class.


The other treatment for diabetes is the taking of insulin. This is typically taken in injection form. Those individuals who have Type 2 diabetes can oftentimes still be able to obtain life insurance coverage at a Standard rate. However, individuals who have been diagnosed with Type 1 diabetes may often have more serious cases of this condition and, while some may qualify as Standard, others may be rated as Substandard.

The key factor in whether a person is rated as a Standard or Substandard is usually where the individual’s A1C level falls. This level typically indicates how well a person is controlling his or her diabetic condition. In many instances, those who have an A1C level that is under 7.5 may be able to obtain a Standard policy rating. Those who have a rating that is over that level, however, may only qualify for coverage as a Substandard.

Where To Obtain Life Insurance Coverage If You Are Receiving Diabetic Treatment

If you are a diabetic, regardless of the type of treatment you are receiving for your condition, it is always best to shop around before you purchase life insurance coverage. This is because, just like anything else, the premium prices can vary a great deal from one insurance company to another. In addition, what many people don’t realize is that the underwriting requirements between insurers is not always the same. That means that the criteria that deems an applicant as uninsurable by one insurer may be perfectly acceptable at another. Therefore, it pays to do your homework.

When you’re ready to compare life insurance coverage, we can help. We work with many of the best life insurance companies in the market place today – and we can obtain policy and premium quotes for you within seconds, directly from your home computer. You never have to meet in person with an insurance agent – although, if you have questions about the process, we do have experts on hand who are available to help you.

In order to start comparing policies and premiums, all you need to do is use the contact form on this page. For any additional questions that you may have, please feel free to contact us directly, toll-free, at 800-470-4122 We are here to help you find the coverage that you need, at a premium that fits your insurance budget.

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