What You Should Know

• People with diabetes can expect to pay higher-than-average life insurance rates
• There are some life insurance companies that offer specialized options for people with diabetes
• You may want to consider life insurance that doesn't require that you participate in a medical exam

In the United States, more than one in ten people are diagnosed with diabetes. The epidemic of diabetes seems to only be growing, and for many people, this has the potential to impact virtually all facets of life.

If you have diabetes, you may wonder whether your diabetes will impact your life insurance rates or whether you'll be able to purchase life insurance at all.

If you are looking for the best life insurance companies for diabetics, you should do some research online to see which companies will offer you the best life insurance rates for diabetics.

It is possible to find affordable life insurance for diabetics, but you may have to change the type of policy you're looking for or do a lot of research to find a company with rates that work for you.

There are some people who can be denied life insurance because of diabetes. Whether you are searching for life insurance for type 1 diabetes or life insurance for type 2 diabetes, keep in mind that every life insurance company may offer you different rates.

You could buy life insurance for diabetics fully online with digital life insurance companies that offer online quotes. But it's still a good idea to shop around and compare rates from lots of companies at once.

Our free quote tool above will allow you to compare life insurance quotes for diabetics to find the best deal for your unique needs.

Which companies are the best life insurance companies for diabetics?

There is a long list of companies that offer life insurance policies to people who have diabetes. Whether you are looking for the best life insurance for type 1 diabetes or type 2, you may have plenty of options to choose from.

However, there are a few companies that are set apart as offering more options, or better rates, to people who have been diagnosed with diabetes. These life insurance companies include:

• Prudential
• John Hancock
• AIG
• Pacific Life
• Brighthouse Financial
• Protective
• Mutual of Omaha

If any one of these companies interests you, you can reach out to an agent or a representative to get more information. For example, if you're intrigued by Prudential, you can call their customer service to ask about Prudential life insurance for diabetes.

Just because a company is not listed above, however, does not mean that company will automatically offer you higher rates.

So the list above may be helpful, but you don't need to stick to just these companies when you search for the perfect life insurance policy. Be sure to include other life insurance companies as well.

Will diabetes make my life insurance rates higher?

There's a pretty good chance your diabetes will impact your life insurance rates. This is because most life insurance companies consider a person's health when determining their rates for life insurance.

Some other factors most companies consider include:

• Your age
• Your gender
• Your family's health history
• Your job
• Your history of smoking and tobacco use
• The type of policy you want to purchase

If you are a diabetic, this will be disclosed to any life insurance company when they research your health history or have you complete a medical exam. Because diabetes can impact your quality of life and ultimately your life expectancy, life insurance companies are likely to charge you more for coverage.

There are ways to avoid disclosing your diabetes diagnosis to a potential life insurance company. The most popular of these options is to pursue no medical exam life insurance for diabetics.

What is no medical exam life insurance for diabetics?

Life insurance that requires no medical exam is a great option for people who have diabetes, especially if your situation is fairly progressed.

When you apply for life insurance that does not require a medical exam, you forgo the medical history portion of the application, and you do not have to participate in any sort of medical screening.

Because this type of life insurance offers a policy to literally anyone, you can expect the rates to be much higher than average, and you can also expect a limited payout or death benefit with your policy.

Still, if your goal is to provide for your loved ones or cover your funeral costs after you pass away, no medical exam life insurance may be a great option.

You can look online to find the best no medical exam life insurance for people with diabetes. Then, compare the policy types and amounts with other options you find with various companies.

Should I buy life insurance if I have diabetes?

If you have dependents, have debt in a home or business, or are thinking of starting a family, you should consider buying a life insurance policy. Just because you have diabetes doesn't mean you don't deserve to take care of your loved ones.

You may want to consider products from certain organizations that focus specifically on offering quality products to diabetics, such as the American Diabetes Association life insurance.

These companies may be able to better assist you based on where you are in your life, what your diagnosis looks like, and the steps you may be able to take to manage or control your diabetes.

You will also want to make sure that you've explored your options for the best health insurance for type 2 diabetes or type 1 diabetes. While your life insurance will have a lasting impact on your loved ones, your health insurance will be a huge factor in your short and long-term care.

Don't allow yourself to feel panicked or get desperate when searching for life insurance options. You do not need to settle. As you do your research, see what is most reasonable when it comes to a policy, and speak to a life insurance agent if you have any pressing questions.

As you do your research online, don't forget to use our free quote tool below to find and compare life insurance companies for diabetics.