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 will, does having diabetes mean I can’t get Critical Illness Cover?

Question asked by Kirsty Harris
Compare Top 10 UK
 Protection
Insurers
 
Takes approx. 60 seconds
Type of Policy
Level of Cover
Date of Birth
Loading your options...
Thank you for using our Quote Tool
If you need some help, just call us!
T: 02084327333
Our in-house Experts are here to provide FREE impartial advice!
Our Experts can answer all your questions
Our Experts can send you more appropriate options based on your personal circumstances

Very important if you are either Self-Employed or a Company Director.

Our online quote tool is good but our Experts are better

Oue Experts have access to far more insurers and can often find a better deal offline.

Saves you time, let our Experts do what they are best at

Answered by Victoria Slade

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 is 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
  • 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.

victoria-slade-can-advise-you-on-keyman-insurance

If you’re looking for Life Insurance with diabetes or any other medical condition, it’s important to get professional advice. An independent protection adviser such as one of the experts at Drewberry can search for the best Life Insurance for your needs from across the UK market.

We know which insurers may be more lenient for those with diabetes. There are even insurers who price Life Insurance for diabetics dynamically, potentially reviewing and reducing your premiums over time if you keep your HbA1c level controlled and stable, as you say yours is.

Victoria Slade
Independent Protection Expert at Drewberry

Call Drewberry today for independent protection advice on 01273646484 and we can help you find the best Life Insurance options for diabetics on the UK market.

life insurance
 
diabetic
 
loading
 
medical condition
 
This information does not constitute financial or other professional advice. You should consult your professional adviser or contact us directly on 02084327333 should you require financial advice. It is important to ensure any insurance policy you take out is suitable for your needs.
Compare Top 10 UK Insurers
  Takes approx. 60 seconds
 - 
Need help? 
Call us on 

Frequently Asked Life Insurance Questions

 
I’m looking to take out life insurance and was wondering if i would be covered abroad? I take a...
 
What’s the ideal length of time to set my Term Life Insurance for? Is it better to set a longer...
 
I’m getting quotes for life insurance and don’t know if skiing is included in the cover and...
 
I’ve just left my job to go freelance and need to replace the old Life Insurance policy I had...
Need Help? Live chat now and get an instant answer from our Experts...

Neil
Pensions

Victoria
Insurance
Our Latest Reviews
Robert Eldridge
07/06/2018

Rauri was easy to talk to. Explained everything really well. Took prompt action when requested and was in touch when he said he would be without being pushy.

Attila Mako
07/06/2018

Excellent service. Oliver was very helpful and patient with me. He gave me knowledgeable advise describing the product details clearly. His communication was prompt and precise! Great customer service!

Ian Brett
26/05/2018

Josh made a complicated process easy and I was kept informed throughout. I will be recommending Drewberry to every one who asks and even those who don't.

We are rated 4.9/5 based on 1512 independent client reviews.
To read more of our independent client reviews click here →
REVIEWS
EXCELLENT
4.92 / 5 Average
1638 Reviews
D Gianfreda
Overall Rating
Friendly, efficient and professional service
T Bullock
Overall Rating
Friendly and professional
l kelham
Overall Rating
Excellent service, clear communication and advice
B Weller
Overall Rating
Very thorough service
E Portingale
Overall Rating
I had a short time to ensure I was covered appropriately due to change of circumstances and house move. I required a number of insurance policies for my new situation. I contacted Drewberry Insurance and found that they understood all of my needs and the best way to filter and sift appropriate insurers. They clearly understood the process...made everything very easy online and via telephone and always did as they said they would by actioning everything as and when requested. This took the time and confusion away from becoming insured. Their interaction and communication and explanation of all processes ensured I understood each stage of the process. Will recommend their services to anyone seeking insurance.