5 Life Insurance Tips for People With Diabetes
Something that all of us need is insurance. We need home insurance. We need car insurance. We definitely need health insurance and for the sake of our family’s financial well-being, we also need life insurance. But when you happen to be someone who has a health issue such as diabetes, it can sometimes be hard to get the kind of coverage that you would like being that some insurance companies are not as quick to offer you the kind of policy that you’re interested in.
That’s why, if you are someone who has diabetes, we wanted to take out a moment to provide you with five tips on how to get some great life insurance coverage. If you follow these, we’re confident that you’ll be happy with the kind of policy that you get.
Do some (extensive) research. The first thing that you should do is go online to research the various life insurance companies that are on the market. The reason why is because there are actually several ones that do offer coverage at a pretty good price to those who have serious health conditions; it’s simply a matter of knowing your options.
Ask for an “at risk” agent. Once you have narrowed down your choices to 3-5 companies, call them directly and ask if they have an agent who specializes in “at risk” clients (the reputable ones will). The reason why you want to work with this kind of professional is because they can minimize the amount of time that it will take to find a company that will offer you the most affordable policy.
Be open to a “trial offer”. For people who have health conditions, there is something that certain insurance companies offer. It is called a trial offer in which there is a prequalification process that you can send in without formally applying. This gives you a good idea of which company will actually be interested in taking you on as a client. This is something else that we recommend you discuss with your “at risk” agent.
Take care of your health. As you’re discussing your options with your life insurance agent, one thing they will probably tell you is it’s important you show evidence that you’re staying on top of your health. Being that some insurance companies will request that you take a medical exam, the more that your health care provider can vouch for the fact that you’re maintaining your health condition, the more apt they will be to get you some really great coverage.
Consider getting a guaranteed policy. Say that you are interested in going with a SelectQuote term life insurance agency. If you are able to control your diabetes with your diet, there’s a pretty good chance that you will not need to apply for a guaranteed policy. But if your diabetes condition is a bit more serious, talking to your agent about a guaranteed policy is something to strongly consider. The reason why is that with these, you don’t have to take a medical exam; you can simply answer a few health-related questions. For more information on what a guaranteed life insurance policy is, go to your favorite search engine and put “guaranteed life insurance policy” in the search field.