When you’re ready to apply for life insurance, it’s important that you’ve done research on your policy options, eligibility factors, and have arranged to speak with a licensed and knowledgeable life insurance agent about any questions or concerns you may have about your eligibility, while simultaneously putting forth your best effort to ensure that you’re in the best health possible given your health conditions.
We have compiled a list of five tips that will assist you in understanding what actions are necessary to take if you’re looking to for life insurance with type 2 diabetes.
1. Have labs drawn and assess whether they are within normal range.
When applying for eligibility to purchase diabetic life insurance, the life insurance company will request that you visit the doctor to obtain current labs, and provide them the results so that they are able to assess your current health standing. Why labs? Labs provide insight into your health status that a routine physical cannot display. If you’re a person with type 2 diabetes, life insurance companies will be especially interested in the results of your A1C test, a lab that measures how your body is metabolizing glucose.
2. Shed extra pounds.
Weight management is a factor that contributes heavily to the overall health of any individual, and for diabetics, excess weight can negatively impact health in an even more profound way. If you are a type 2 diabetic looking to purchase life insurance, it is exceedingly important for you to understand that being overweight comes as an additional liability to any insurance company.
If you’re an individual who is overweight, your excess weight can significantly influence your eligibility as well as your monthly premiums. Healthy weight management may be the difference between a premium that is affordable, and one that is not. Make it a priority to gradually be more physically fit so that you can achieve or maintain a healthy weight.
3. Quit Smoking.
Smoking flags you as a huge liability to any life insurance company. An extensive list of chronic illnesses, many of them fatal, have been scientifically proven to occur at greater rates in smokers as opposed to non-smokers. With such a strong correlation between smoking and chronic and fatal illness, it’s understandable why being a smoker would warrant a higher premium.
Individuals who smoke risk being denied eligibility for life insurance or paying an excessive premium, but smoking paired with type 2 diabetes is guaranteed to generate a high premium. To avoid being viewed as an increased risk of liability, work towards quitting smoking as soon as possible.
By MATT SCHMIDT
See full story at www.diabetes365.org