Can I Get Life Insurance with Diabetes?

As my husband and I are about to buy our first home we need to look at Life Insurance. I’ve got diabetes and although I control it well, does having diabetes mean I can’t get Critical Illness Cover?

Question asked by Kirsty Harris
13/04/2021

Congratulations on buying your first home! Many people look at Mortgage Life Insurance when taking out their first mortgage to cover the debt should they pass away. It’s certainly sensible to get cover.

Diabetes and Life Insurance

Fortunately, taking out Life Insurance for diabetics can be possible. Each insurer has their own way of measuring risk, therefore each insurer will view things differently. There are a few variants that the insurers will consider when it comes to covering diabetes.

Every insurer will add what’s called a “loading” to the premium which means there will be an increase from the standard premium to reflect the higher risk.

What information the insurers will what to know

This loading varies with each insurer and there are a number of factors they will consider when deciding what the loading will be. Some of these factors will include the following:

  • Whether it’s Type 1 or Type 2 diabetes
  • If you have high blood pressure or high cholesterol
  • Your height, weight and body mass index (BMI)
  • If there’s a family history of diabetes or other cardiovascular disease
  • What your blood glucose/HbA1c readings are and whether they’ve been stable over time.

To summarise, Life Insurance providers will usually cover diabetes with a loading and this will be determined on a case by case basis once all of the variants have been assessed. The insurers will write to your GP to gather this information.

It’s unlikely diabetes will be excluded from Life Insurance. Very few insurers place exclusions on life policies, even for an illness as serious as diabetes.

Compare Top 10 UK Insurers

Takes approx. 60 seconds
  • £
Verified by Norton Symantec icon
 Or Call Us

Frequently Asked Questions

Contact Us

Head Office & Pensions and Investments
Senator House
85 Queen Victoria Street
London
EC4V 4AB
Personal Insurance & Accounts Payable
Telecom House
125-135 Preston Road
Brighton
BN1 6AF
Drewberry London Office MapDrewberry Brighton Office Map

If you are unhappy with our service, we have a complaints procedure, details of which are available upon request. If you are unhappy with how your complaint has been dealt with, you may be able to refer your complaint to the Financial Ombudsman Service (FOS). The FOS website is www.financial-ombudsman.org.uk.

Drewberry Ltd is registered in England and Wales. Companies House No. 06675912

Drewberry Ltd registered office: Telecom House, Preston Road, Brighton, England, BN1 6AF. Telephone 0208 432 7333

Drewberry Ltd (Financial Conduct Authority No. 505473) is an Appointed Representative of Quilter Wealth Limited and Quilter Mortgage Planning

Limited, which are authorised and regulated by the Financial Conduct Authority.

Cookies

Drewberry™ uses cookies to offer you the best experience online. By continuing to use our website you agree to the use of cookies including for ad personalization.

If you would like to know more about cookies and how to manage them please view our privacy & cookie policy.

Deny
Approve