Life Insurance with Type 1 Diabetes

1. A1c Level: Your A1C percentage depends on a variety of factors—age, other health conditions, diet, etc. But as you probably already know, you can also help control it with the proper care. Ideally speaking, insurance companies want to see an A1c of less than 7 percent, which translates to a glucose level of 154 mg/dl, or rather, a well-controlled A1c.

2. Age at Diagnosis: Even though type 1 diabetes is more commonly diagnosed in children and teens, you’ll have an easier time getting approved for life insurance coverage if you were diagnosed after age 40. If you were diagnosed earlier, that doesn’t automatically mean you won’t get covered. Instead, it just means that you may need to explore other options for coverage, like Guaranteed Assurance policies or Graded Death Benefit Life Insurance (more information on this in a bit).

3. Insulin Units: Since people with type 1 diabetes require regular insulin shots, insurance companies look at the actual amount you take (even though height and weight can affect this). For example, having an average daily dosage of less than 25 insulin units is considered ideal and will typically result in lower rates. This isn’t to say that you can’t get approved if you’re taking up to, say, 50 insulin units every day, but most insurance companies will charge you higher rates for it.

4. Complications: Health complications alongside (or resulting directly from) type 1 diabetes can also affect life insurance rates, as well as whether or not you will be able to get coverage in the first place. Such complications include vision loss, kidney disease, nervous system disease, and amputations, among other things.

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