There are things you can do to help you get the best life insurance rates possible and to avoid being denied. The insurance underwriters, the people that rate your case, will want to know several specifics about your health and your treatment.
You should prepare yourself to answer these types of questions:
A record of your A1c (blood sugar) levels for a period of time prior to the application andyour current numbers. How old you were when diagnosed The type of insulin you use and the dose you need a day Your current height and weight If you have any other medical problems or any complications from the diabetes Your average blood pressure and cholesterol level Your lifestyle, such as diet, exercise, smoking, alcohol use How often you see your physician and if you are following their treatmentrecommendations regularlyTo show evidence of your health, treatment, and lifestyle, you will need to gather your medicalrecords and have your physician write a letter about how you manage your diabetes. These mayseem like a pain, but it will help you get the best rates possible and can keep your policy requestfrom being denied.
UnderwritersIt’s good to know how the underwriters look at Type 1 diabetes cases. The lab results for theA1c, technically the HbgA1c, is the most important information and where their main concernslie. It’s all about the blood sugar levels. They use the A1c levels over a period of three monthsto determine how controlled your diabetes is on average. Each life insurance company’s rulesare a little different, but this is an average of how they view the A1c: The optimal control is less than 7 Average control is 7.1 to 8.5 Poor control is 8.6 to 10 Uncontrollable are numbers over 10Obviously, you can see that you keeping your blood sugar levels under control is vital, and notjust for your overall health but also to help you get better rates for life insurance.
OptionsYou can go through the regular process of applying for life insurance, which requires a medicalexam. A regular policy procedure is the best choice for cost your best option if you are able tokeep your diabetes under control and your overall health is good.Another option is to look at life insurance policies that do not require a medical exam.Not having a medical exam for a term policy does not mean there is not any underwriting.You will need to show your medical records and how you manage your diabetes. This option will be more expensive, but the process isquicker, and no medical exam is required. The third option is a guaranteed life insurance policy,which works similar to term policies, but it is the most expensive option and does not require amedical exam.
What You Can DoApplying for the life insurance you need to protect and take care of your loved ones when youhave Type 1 diabetes is complicated. After reading what is involved and the options available,you know that it is going to be a time-consuming process. You can save yourself the hassles byhaving some great help. Smithfin is an insurance comparison company that can do the work foryou.Contact Smithfin by visiting them on the web or calling to visit with a friendly agent thatwill take the work on for you. They have access to many companies and will find the right lifeinsurance option at the best price for you.