How to get non-med life insurance with diabetes. Many people who are diabetic are on not just one buy multiple medications that can be for, blood sugar, heart disease, kidney disease, stroke, and many more. The short answer is yes you can. We are going to cover what medications effect your life insurance application, what treatments effect your life insurance application, and how long you have been a diabetic effects your application. And how you can get the lowest rates as a diabetic! Learn more about diabetes here!
Life insurance rates are at all time lows! Expense Mutual is an independent life insurance agency specializing in getting people with diabetes permanent life insurance coverage at affordable rates. We give free online life insurance quotes and shop all the top carriers and have exclusive products for diabetes. That have relaxed underwiring guidelines for people with type 2 diabetes. This is the only product of its kind. It allows people who were once denied coverage to get the coverage they need. Get your free quote today!
At a client’s house How to get non-med life insurance with diabetes when on medication
I was at client’s house recently and they are diabetic while I was talking to them each share is A1C it was over 200! He has been a diabetic’s his entire life. We began going through all the little bottles that were on the kitchen counter. He was looking for the one that would stop a stroke he said.
Many clients are in this situation. They are taking one of several. After underwriting diabetes for years insurance companies have finally relaxed their underwriting requirements. Specifically, Foresters has made significant changes in the way diabetes.
What is a non-med policy?
Non-med stands for nonmedical. During the normal life process, you have to go through what is called a medical evaluation. Someone comes to your house they take a blood sample, a urine sample, and your blood pressure. A non-med means the policy is issued without having to go through that.
YES DIABETICS CAN GET NON-MED POLICES
Types of medication they will ask you about
What medications can you be on and still get non-med life insurance with diabetes? During the life insurance application process they will ask are you a diabetic and if you are insulin dependent or not also they will ask,
- What type of diabetes was diagnosed?
- When was diabetes first diagnosed (month and year is acceptable)?
- What is their most recent A1c (called HbA1c on the questionnaire)?
- What medications are they taking, including dosage amount and frequency?
- What is their treatment history, provide as much details as possible?
- What is their doctors frequency of visits, and date of last visit (month and year is acceptable)?
- Any additional details relevant to determining eligibility, ensure to provide those details in the provided space within the questionnaire.
During the life insurance application process they will ask are you a diabetic and if you are insulin dependent or not also they will ask,
- What type of diabetes was diagnosed?
- When was diabetes first diagnosed (month and year is acceptable)?
- What is their most recent A1c (called HbA1c on the questionnaire)?
- What medications are they taking, including dosage amount and frequency?
- What is their treatment history, provide as much details as possible?
- What is their doctors frequency of visits, and date of last visit (month and year is acceptable)?
- Any additional details relevant to determining eligibility, ensure to provide those details in the provided space within the questionnaire.
Why is this information important to the underwriting process?
This information is useful in the underwriting process for non-med life insurance for diabetics because,
- Accurate and complete information will help to provide a competitive underwriting decision
- If relevant information is missing, unfortunately, Foresters cannot make a decision for our non-med products and will refer you to fully underwritten.
- Submitting clients who are not eligible for coverage will have a direct impact on your business placement with Foresters
- Will assist during the review process in the event of a claim
- In addition to that diabetic space additional challenges, one getting insurance,
The number one problem when applying for non-med life insurance with diabetes
The number one problem diabetics have getting life insurance is called Duration. The longer you have diabetes the more risk you have developing additional health problems such as heart disease, kidney disease, and eye diseases. This means, the longer clients live with diabetes, the more vulnerable they are to complications from an elevated A1C. When underwriting diabetes, the rate tables increase with younger ages. This is one of the drives to why clients living with Type 1 diabetes, diagnosed early in life, have more challenges qualifying for life insurance coverage. It is vital that people with diabetes as soon as they can to secure coverage for any additional disease is present themselves because once the diseases present themselves you will have to underwrite those diseases as well and your rates will increase!
Check out our other article to learn more How to get life insurance with diabetes
What are acceptable A1C levels for non-med life insurance
If you are applying for non-med life insurance with diabetes, your A1C level is 8.9% or lower, Foresters will consider them for our other non-med products. If they’re above 8.9%, have vision problems, nerve pain, kidney, other complications or related medical impairments such as heart disease do not proceed with a non-med application. Instead, consider a fully underwritten application. Please note, in addition to A1C levels, there are other factors that will impact Forester’s decision on your client’s eligibility, such as diabetes duration, build, and complications of diabetes.
How can a diabetic get permeant life insurance with no medical exam?
- The answer to that question is going through an independent life insurance agency.
- Independent life insurance agencies work with the insurance companies not for them.
- This allows them to shop around and get the best rates for their clients.
Expense Mutual is that independent life insurance agency
- We are an online Life Insurance Agency that offers life insurance online with no medical exam.
- We have helped hundreds of families get coverage remotely.
- Of the 1,400 insurance companies, we work with the top companies.
- This allows us to shop around and get the lowest rates for you.
- We work for you and not the insurance companies. I work with them, not for them.
- All the companies that I work with are A rated or better. Like Met Life, Mutual of Omaha, and Americo.
- Life insurance rates are at all time lows but could go up at any time.
Today is the best time to act and get coverage through Expense Mutual. We are an agency specializing in getting people with diabetes permanent life insurance coverage at affordable rates. We shop all the top carriers and have exclusive products for diabetes. That have relaxed underwiring guidelines for people with type 2 diabetes. This is the only product of its kind. It allows people who were once denied coverage to get the coverage they need.
Get your free online life insurance quote today!