Can you get life insurance with type 2 diabetes?
If you have type 2 diabetes, you can still get life insurance in the UK, but you may find that the premiums are higher than those without diabetes. Type 2 diabetes is a chronic health condition that can lead to severe complications like heart disease, kidney damage, and nerve damage. These complications increase the risk of premature death, so insurers may charge higher premiums to cover that risk.
When applying for life insurance as a person with type 2 diabetes in the UK, you must provide detailed information about your medical history and current health status. The insurer will likely ask for information about your age, gender, smoking status, body mass index (BMI), blood pressure, cholesterol, and HbA1c levels.
Your HbA1c level is an important factor in determining the cost of life insurance. This is because it measures your average blood sugar levels over several months and indicates how well you manage your diabetes. The better your HbA1c level, the lower your premiums are likely to be.
Insurers may also want to know about any other health conditions you have or medications you take to manage your diabetes. For example, if you have high blood pressure or high cholesterol, this may increase your premiums. However, you can negotiate lower premiums if you effectively manage these conditions.
It’s essential to work with a specialist insurance broker who understands the life insurance market for people with type 2 diabetes in the UK. They can help you find the most affordable coverage that meets your needs and advise you on improving your chances of getting approved for coverage. Consider improving your overall health, such as maintaining a healthy weight, exercising regularly, and following a balanced diet.
