Why Type 1 Diabetes Can Affect Your Application for Life Insurance
Based on statistics from the American Diabetes Association, it is estimated that there are about 1.4 million Americans that are diagnosed with diabetes each year. Diabetes should not be taken lightly, as it is also the seventh leading cause of death in the United States.
There are two types of this condition – Type 1 and Type 2. Type 1 diabetes is not nearly as common, and only about 5% of those who are diagnosed with diabetes have this form of the condition.
When you have Type 1 diabetes, it means that your pancreas does not make insulin. This can result in your blood sugar levels being too high. If not properly managed or controlled, Type 1 diabetes can lead to other more serious health issues such as stroke, kidney disease, or heart disease. Type 1 diabetes will generally occur much earlier in a person’s life than Type 2 diabetes. Because of this, Type 1 is oftentimes referred to as juvenile diabetes.
How to Control / Manage Your Type 1 Diabetes
While Type 1 diabetes is a serious condition, the good news is that it can be managed and controlled through proper diet and exercise. By eating a good diet that contains a lot of vegetables, and that cuts out sweets, it can help to maintain a healthy weight – which in turn, can be a way of keeping the condition at bay. Maintaining a regular exercise program can also be a positive step.
By showing the life insurance underwriters that you are eating right and exercising regularly, it can be a good sign to them that you are taking the actions necessary to stay healthy and manage your Type 1 diabetic condition.
Can You Get Life Insurance with Type 1 Diabetes?
As medical technology has become more advanced – and people have become more aware of how to manage and control Type 1 diabetes – some insurance companies have begun to underwrite applicants more a little more favorably, knowing that they can live a long and healthy life with this condition.
But, just as with purchasing any other product, not all life insurance companies are the same in terms of their coverage or their pricing. With that in mind, it can help to work with an independent life insurance specialist who has access to multiple carriers, and who can point you in the direction of the ones that are more apt to underwrite applicants who have Type 1 diabetes.
We can assist you in getting to the right place, which can ultimately save you a great deal of time throughout the insurance application process. This can help get you the life insurance that you need for your loved ones’ peace of mind.