For full terms and conditions, click here.
Entries close 31 March 2021.
The facts about getting life insurance when you have diabetes.
With diagnoses of diabetes type 1 and type 2 on the rise in recent years, the need for adequate levels of life insurance for diabetics is becoming ever more present.
More importantly it is now becoming easier for someone with diabetes to get some form of cover, whereas historically this was just not possible.
Diabetics living in the UK can now be accepted for life insurance, and in some cases income protection. Insurance providers differentiate between type 1 and type 2 diabetes and treat them as such during the underwriting process.
At FOCUS, we have access to specialist insurance providers which means it is possible to arrange life insurance cover for people with a variety of existing medical conditions, including diabetes.
We believe that everyone should have the life insurance protection they need and deserve. With the additional health risks that can be associated with diabetes, life insurance can provide you and your family with financial peace of mind.
Not everyone needs life insurance and you may well have some provision via your employer. But would this be sufficient to cover your mortgage or other living expenses if something happened to you?
It’s not uncommon for diabetics to have an application declined, but that doesn’t mean that taking out a life insurance policy is impossible.
Talk to FOCUS to find out how we can help.
Premiums on life insurance for people with diabetes are likely to be higher than for those without the condition but in today’s world, it is now possible to take out life insurance if you have type 1 or type 2 diabetes.
Lots has changed in the world of life insurance and there are now specialist providers that will offer life insurance for diabetics even if you have previously been declined. FOCUS has access to these insurance companies and can help find a life insurance solution to suit your needs.
If you have been living with diabetes long term or have just been diagnosed, you may now be eligible for cover. Different insurance providers will ask different questions during the medical underwriting process, but there are some key factors that will be taken into account :
The insurance provider is also likely to ask your GP for a medical history report.
The plan will have no cash in value at any time and will cease at the end of the term. If premiums are not maintained, then cover will lapse.