If you have diabetes and think you can’t get life insurance, I have good news. Final expense insurance is available for diabetics — including Type 1, Type 2, and insulin-dependent diabetes. The key is knowing which carriers are most diabetes-friendly and how to position your application for the best rate.
I’m Michael Cubell with Triangle Life & Health, and I’ve helped many diabetic clients find affordable coverage. Let me walk you through your options.
Type 2 Diabetes (Most Common)
If you have Type 2 diabetes managed with oral medication (like Metformin), you’re in the best position. Most carriers will offer you a simplified issue policy with full day-one coverage at standard or near-standard rates.
What carriers look for:
- Diabetes diagnosed within the last 10+ years (stable management)
- A1C levels under 9 (under 8 is preferred)
- No diabetes-related hospitalizations in the last 2 years
- No amputations, dialysis, or insulin pump
- Managed with oral medication and/or diet
If you meet most of these criteria, you can typically expect standard rates — roughly the same as what a non-diabetic would pay.
Insulin-Dependent Diabetes
If you take insulin injections (whether Type 1 or Type 2), your options are more limited but coverage is absolutely still available:
- Some carriers offer simplified issue for insulin users with well-managed A1C levels
- Others may offer a graded benefit policy (partial benefit in years 1-2, full benefit after)
- If other carriers decline, guaranteed issue is always available — no health questions asked
What You’ll Pay — Realistic Estimates
| Diabetes Type | Policy Type | Estimated Monthly Cost ($15K) |
|---|---|---|
| Type 2, oral meds | Simplified Issue (Day 1) | $40–$75/mo (age 55-70) |
| Type 2, insulin | Graded Benefit | $55–$95/mo (age 55-70) |
| Type 1 | Guaranteed Issue | $70–$130/mo (age 55-70) |
Why an Independent Agent Matters for Diabetics
This is where working with an independent agent makes the biggest difference. Every carrier has different underwriting guidelines for diabetes. Some are very strict — others are surprisingly lenient.
If you call a carrier directly and get declined, that doesn’t mean you can’t get coverage. It means that particular carrier said no. Another carrier might say yes at a great rate.
As an independent agent, I know which carriers are most diabetes-friendly. I match your specific situation to the carrier that will give you the best rate — so you don’t have to go through multiple applications or deal with unnecessary rejections.
Tips to Get the Best Rate as a Diabetic
- Apply sooner rather than later — rates go up every year, and diabetes can progress
- Keep your A1C as low as possible — under 8 opens the most doors
- Be honest on the application — carriers can check prescription databases, and dishonesty can void your policy
- Work with an independent agent — one application, multiple carrier options
Get Your Free Quote
Whether your diabetes is well-managed or complex, I can help you find coverage. Call (919) 944-8443 or schedule a free consultation. I’ll tell you exactly what you qualify for and what you’ll pay — no obligation.