Diabetes, there’s no way to candy-coat it – this all too common yet serious disease can present some challenges in life underwriting.
An estimated 1.7 million Americans are diagnosed with diabetes each year. Complications can include heart attack, stroke, cardiovascular and kidney diseases.
The good news is diabetes can be well managed with proper diet, exercise and medication and in turn helps to reduce the chances of developing complications.
There are several factors that underwriters look at when reviewing diabetes cases
These include the type of diabetes (Type 1 or Type 2), the current age of the client, age at time of diagnosis, A1c levels (average blood sugar), treatment and any diabetic complications. Type 2 diabetes is the more common form in which the body is resistant to insulin. Ratings are generally more favorable for Type 2 than they are for Type 1.
Some top carriers have programs that could be the icing on the cake to getting the best possible offers for your diabetic clients.
Take a look at these examples:
- Type 2 Diabetes: 75 year old male non smoker, diagnosed with 10 years ago, A1c levels have averaged 7.0 or better, 5’10 207 lbs, blood pressure is 143/90 and cholesterol is 270 with a cholesterol ratio of 6.0 – PREFERRED rating!
- Type 2 Diabetes: Age 50 and older with excellent diabetic control, treated with diet and oral medication only, no complications – STANDARD PLUS is possible!
- Type 1 Diabetes: Over age 50 with excellent control and no complications – TABLE B is possible!
Your Underwriting Team is ready to help get you the sweet deals you need in order to get your impaired risk cases placed – contact us today.