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Can You Get Life Insurance With Diabetes?



Millions of Americans live with diabetes. 37.3 million Americans, in fact – according to recent data from the CDC. That’s about 1 in 10 Americans, making diabetes one of the leading chronic health problems in our country.

If you are one of the many people living with diabetes in the United States, you probably already know that diabetes is a manageable long-term health condition. You can live a good life with diabetes, and many people do.

But what about life insurance?

If you̵

7;re wondering if you can apply for life insurance after being diagnosed with diabetes, here’s what you need to know. In many cases, affordable life insurance is available for people with diabetes. However, you may end up paying more for your life insurance than someone with so-called “excellent health.”

That said, there are still ways to lower your life insurance premiums — especially if you take care of both your health and your diabetes before you apply.

In this article:

Can a person with diabetes qualify for whole life insurance?

If you have diabetes, you may be curious about whether your health may affect your ability to choose a term life insurance policy. While life insurance decisions are based on many factors, many people with type 1 or type 2 diabetes can easily qualify for affordable life insurance.

That said, some people with diabetes may pay more in monthly life insurance premiums than people without diabetes. These extra premium costs are generally small and shouldn’t make your life insurance too expensive – especially if you choose a low-cost life insurance policy like the one offered by Haven Life.

People with diabetes may not be eligible for life insurance policies that do not require a medical exam, such as those offered by Haven Simple. Because diabetes has the potential to affect your health in many different ways, you may be asked to complete a brief medical exam as part of your life insurance application.

What does a person with diabetes need to know before applying for life insurance?

Applying for life insurance with diabetes is not that different from the typical life insurance application process. Before you apply, consider shopping around for some free life insurance quotes. This way, you will know which life insurance providers are likely to offer the best coverage at the most affordable rates.

When you begin the application process, be honest about both your diabetes and your general health. Lying on your life insurance application is never a good idea. And if you misrepresent your health or medical history when taking out your life insurance policy, your insurer can revoke the death benefit that your loved ones may receive after your death.

After submitting your life insurance application, be prepared to pass a medical exam. This is part of the medical underwriting process and helps insurance companies offer you the best possible coverage for a person with your health conditions.

How can a person with diabetes save money on life insurance?

If you have any type of diabetes, you may pay slightly higher life insurance premiums than people who do not have diabetes. But there are steps you can take right now to save money on your life insurance.

First, remember that managed diabetes is generally viewed more favorably by insurance companies than uncontrolled diabetes. Talk to your doctor about how to best manage your condition and maintain good overall health. Many healthy lifestyle practices—including regular exercise, nutritious food, good sleep, and stress management—can help you both improve your health and manage your diabetes.

If you are a smoker, you can save money on your life insurance by quitting cigarettes and other products with nicotine. Not only will quitting smoking help you with your diabetes, but non-smokers almost always pay lower life insurance rates than smokers. Make sure you wait at least a year after you quit before applying for life insurance, or you may not be able to take advantage of the lower cost of life insurance that typically comes from non-smokers.

That said, don’t wait too long to apply for life insurance because, in most cases, younger people pay lower life insurance premiums than older people. And since life insurance premiums are fixed for the life of the policy, applying while you’re young can help you lock in a low monthly premium for the next 10, 15, 20 or 30 years.

What else do people with diabetes need to know about life insurance?

Diabetes may be a chronic disease, but it shouldn’t get in the way of living your life. Nor should your diabetes get in the way of your ability to care for your family. For many people, this includes making a plan to protect your loved ones in the worst case scenario.

Life insurance is often part of that plan – which is why insurance companies like Haven Life want as many people as possible to take advantage of affordable life insurance.

Including people with diabetes.

Our editorial policy

Haven Life is a customer-centric life insurance agency supported and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual). We believe that navigating life insurance decisions, your personal finances and overall well-being can be refreshingly simple.

Our editorial policy

Haven Life is a customer-centric life insurance agency supported and wholly owned by Massachusetts Mutual Life Insurance Company (MassMutual). We believe that navigating life insurance decisions, your personal finances and overall well-being can be refreshingly simple.

Our content is created for educational purposes only. Haven Life does not endorse the companies, products, services or strategies discussed here, but we hope they can make your life a little less difficult if they fit your situation.

Haven Life is not authorized to provide tax, legal or investment advice. This material is not intended to provide and should not be used for tax, legal or investment advice. Individuals are encouraged to obtain advice from their own tax or legal advisor.

Our disclosures

Haven Term is a term life insurance policy (DTC and ICC17DTC in some states, including NC) issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001 and offered exclusively through Haven Life Insurance Agency, LLC. In NY, Haven Term is DTC-NY 1017. In CA, Haven Term is DTC-CA 042017. Haven Term Simplified is a Simplified Issue Term Life Insurance Policy (ICC19PCM-SI 0819 in some states, including NC) issued by CM Life Insurance Company, Enfield, CT 06082. Police and driver form numbers and features may vary by state and may not be available in all states. Our agency license number in California is OK71922 and in Arkansas 100139527.

MassMutual is rated by AM Best Company as A++ (Superior; Top category of 15). The rating is valid from 1 April 2020 and is subject to change. MassMutual has received different ratings from other credit rating agencies.

Haven Life Plus (Plus) is the marketing name for the Plus rider, which is included as part of the Haven Term policy and offers access to additional services and benefits at no cost or at a discount. The driver is not available in all states and is subject to change at any time. Neither Haven Life nor MassMutual is responsible for the provision of the benefits and services made available under the Plus Rider, which are provided by third party providers (partners). For more information about Haven Life Plus, visit: https://havenlife.com/plus

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  • My experience with Haven Life has been nothing short of amazing from start to finish. After working tirelessly with brokers and receiving quotes that were complicated to understand online, I found Haven Life and I’m very glad I did. Haven Life’s respectful and understanding approach to issuing something as important as life insurance and doing it in such an easy way is why I would recommend Haven Life to both my loved ones and friends.

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  • The application was easy and got a big approval for life insurance without a medical exam within 48 hours. Good follow up and easy process.

  • Easy Breezy Wanted to get this done for a while and this was the easiest experience I could find. I feel good knowing there is some protection for my husband and likely dogs.

  • It was an easy process. The turnaround was also doable.


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