Frequently Asked Questions

Living in the current Covid 19 environment, life insurance for diabetics is still obtainable. Nevertheless, your premiums will vary depending on several factors, including your life insurance company, your age, your diabetes type, severity, and treatment, just to mention a few. The more risk you present in any of these categories, the more you’ll pay for your life insurance policy. Some term policies can convert to whole life.

The type of diabetes will not only affect your chances of approval but also the premium, if you get approved. Type 2 diabetics often get better rates, but if you have type 1 diabetes and can prove it’s being well-managed by a consistent treatment plan, your premiums may be lower than someone with type 2 diabetes or someone who isn’t taking steps to improve their diabetes.

Pre-existing conditions don’t have to hold you back. You can buy life insurance with a diabetes diagnosis, though you will most likely end up paying more for a policy than someone without diabetes, ceteris paribus.

Due to the ever-changing nature of the coronavirus pandemic, some insurers are modifying processes and imposing coverage restrictions on certain health conditions or age groups. Your Insurance Pro agent will be able to further discuss your options and find out how to get the most affordable policy with the best coverage.

To make healthcare more affordable to everyone.

A family of four qualifies for federal help if their projected household income is at least $26,200.

ACA subsidies have been created to help the lower and also the middle class which lives between 100% and 400% of the federal poverty level (FPL).

Last year, for example, a family of four with an income between $26,200 and $104,800 a year was eligible for it.

The Affordable Care Act, which is also referred to as ACA or Obamacare, was signed into law by President Barack Obama in 2010. The act was a major overhaul of the U.S. healthcare system, reducing the amount of uncompensated care the average family pays for.

It’s a contract where an insurance company agrees to pay an amount after the death of an insured party. Policies provide to insured people the guarantee that their loved ones will get peace of mind and financial protection after their death.

A life insurance policy can also be used to cover final expenses like funeral fees, but it can also help your loved ones finance future expenses, from college tuition to mortgage payments. If you are the main earner in your household, this type of financial support can help your family.

Medicare Advantage Plan, offers many benefits to original Medicare, including long-term savings.