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Getting Life Insurance When You Have Diabetes

  • Writer: Philippe Deray
    Philippe Deray
  • Oct 29
  • 3 min read

Updated: Nov 5

If you’re living with diabetes and thinking about getting life insurance, you’re not alone. Many people assume a diagnosis automatically means coverage will be too expensive—or that approval isn’t possible. The reality is that having diabetes can affect your rates and available options, but it doesn’t disqualify you from getting meaningful coverage. With the right approach, it’s entirely possible to find a policy that protects your loved ones and fits your budget.


Life insurance is possible with diabetes.

How Diabetes Impacts Life Insurance


When reviewing an application, insurance companies look closely at overall health and lifestyle. For people with diabetes, underwriters focus on several key factors:

  • Type of diabetes: Type 1 and Type 2 are assessed differently. Type 2, especially when diagnosed later in life and managed well, often receives more favorable consideration.

  • Control and management: Consistent blood sugar readings, stable A1C levels, and regular medical checkups all demonstrate responsibility and lower risk.

  • Treatment methods: Whether your condition is managed through diet, oral medication, or insulin therapy, insurers want to see that your plan is working effectively.

  • Related conditions: High blood pressure, high cholesterol, and heart health also play a role in determining your overall risk category.


In short, the more control and consistency you show in managing your diabetes, the more likely you are to qualify for better rates and broader coverage choices.


Common Policy Options for Diabetic Applicants


While each person’s situation is unique, several types of life insurance policies are commonly available to those with diabetes:

  • Term Life Insurance – Provides coverage for a set number of years, such as 10, 20, or 30. It’s often the most affordable option and may be available to people with well-managed Type 2 diabetes.

  • Whole Life Insurance – Offers lifetime protection, guaranteed premiums, and a cash value that builds over time. It’s a strong choice for those seeking long-term security and fixed costs.

  • Simplified Issue Life Insurance – Skips the medical exam and relies on a few health questions. It’s faster to obtain but comes with higher premiums than fully underwritten policies.

  • Guaranteed Issue Life Insurance – Accepts all applicants regardless of medical history. While premiums are higher and benefits smaller, it ensures access to coverage even for those with complex health conditions.

  • Final Expense Insurance – A practical option designed to cover funeral costs and other end-of-life expenses, providing peace of mind for both you and your family.


Each of these policies serves a different purpose, and the right choice depends on your age, financial goals, and current health status.


How to Improve Your Approval Odds and Premiums


Even if you have diabetes, there are steps you can take to strengthen your life insurance application and possibly lower your premiums:

  1. Maintain regular checkups: Consistent visits with your healthcare provider show insurers that you’re proactive about your condition.

  2. Keep your A1C levels steady: A stable A1C reading demonstrates good management and can result in more favorable underwriting.

  3. Adopt healthy habits: Exercise, balanced nutrition, and maintaining a healthy weight all positively impact your overall health profile.

  4. Avoid smoking: Tobacco use significantly increases premiums and health risks, especially for those managing diabetes.

  5. Stay organized: Keeping clear medical records and lab results can make the underwriting process smoother and improve your case.

  6. Compare different carriers: Not all insurance companies treat diabetes the same way. Some are more flexible and experienced in working with applicants who have chronic conditions.


The Bottom Line


Having diabetes doesn’t mean you can’t get life insurance—it just means your approach matters. By understanding how insurers evaluate risk and showing consistent control over your health, you can position yourself for the best possible coverage and rates.


At DERAY Life & Annuity, we help individuals and families find insurance solutions that fit their personal health and financial goals. If you’re living with diabetes and exploring life insurance options, our team can guide you through the process, compare plans, and help you choose coverage that gives you lasting peace of mind.



Life Insurance Disclaimer

Disclaimer: This article is for informational purposes only and is not legal, financial, or insurance advice. Life insurance needs and products vary by individual, state, and insurer. Policies may involve fees, costs, and limitations. Some policies include a cash value component that can grow over time, and certain strategies may allow for accumulation beyond basic protection. Results are not guaranteed and may vary by policy, insurer, and state. Consult a licensed insurance professional before making any life insurance decisions.




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