Diabetes Life Solutions: Unlocking Unprecedented Life Insurance Savings for Diabetics

Diabetes Life Solutions, an online service that compares life insurance rates from 50 reputable companies and lets customers buy from any of them, released the results of a new survey today. The results show that there are many cost-effective life insurance plans for people with uncontrolled diabetes and that rates for diabetics are at an all-time low. Also, life insurance for type 1 diabetics has never been easier to qualify for.

A recent Indian Council of Medical Research-INdia Diabetes (ICMR-INDIAB) study showed that a tenth of all Indians have diabetes. The country is home to 101 million diabetics and 136 million pre-diabetic people. Many to whom have struggled obtaining life insurance plans. The healthier of a lifestyle you live, the lower your premiums will be.

Life insurance rates have been going down for 25 years, but these are the lowest rates we've ever seen. "In preparation for November, which is National Diabetes Month, we did a new survey, and the results show that there is a strong and competitive life insurance market for stable people with diabetes who follow their doctor's instructions," said Matt Schmidt, the founder and CEO of Diabetes Life Solutions. "We hope that our findings will help individuals affected by diabetes who are also searching for the best buys in life insurance."

If you don't have any other health problems that could affect your rate, the chart below shows the best monthly prices for type 2 diabetics on a level-term life policy that covers death by any cause, at any time, in any place, except for suicide in the first two policy years (or one year in some states). The example of 20-year term life rates shows that medical underwriting is needed at the start and can be renewed until age 90 or more without proof of insurability. You don't have to go through any more screening to change some plans into permanent insurance.

"The 20-year level term policy is our best-selling product," said the executive vice president. On the Diabetes Life Solutions website, you can find other rate guarantee plans, such as level-for-life, 10, 15, 25, and 30-year plans. The better a person’s control of their diabetes, and overall health, the lower their premiums will be for life insurance.

To get any of the sample premiums shown, the candidate must sign an application, go through a paramedical interview, have their medical records looked over, and be approved by each underwriting company. "It's clear to see that peace-of-mind coverage is available to diabetic applicants at very attractive rates," said the VP.

Type 1 and type 2 diabetes, according to the CDC, are the two main types. When the body's immune system strikes and kills pancreatic beta cells, you get type 1 diabetes. These are the only cells in the body that make insulin, a medicine that keeps blood sugar in check. Every day, people with type 1 diabetes get insulin through a pump or a shot. A little over 5% of people with diabetes have type 1. Kids and teens are most likely to get this type of diabetes.

About 90 to 95% of people in the US who have diabetes also have type 2 diabetes. Insulin resistance is the first sign. This means that cells can't use insulin properly, and the pancreas stops making insulin over time.

There is a wide range in how life insurers underwrite and evaluate people with diabetes. This shows how important it is to shop around and work with a firm that knows a lot about many insurers. If you have a form of diabetes complications, you may find that you’ll have less companies and plans to choose from. Any time a person has a complication from diabetes, insurance underwriters will view them as a higher risk.

The Diabetes Life Solutions website lets people with both type 1 and type 2 diabetes get instant life insurance quotes. Customers can now get quotes and buy things online without giving their names. They can also call and talk to one of our licensed agents for personalized service and help.