What Final Expense Insurance Plans Are Available For People With Diabetes?
Whether you have type 1 or type 2, there are a few different funeral insurance plans you can qualify for with diabetes, as shown in the table below. Which ones you’re eligible for is determined by your overall health history.
Most people with diabetes can qualify for a preferred or level benefit with one or more final expense companies.
| Coverage Options | When Death Benefit Pays Out | Monthly Cost |
|---|---|---|
| Level/Preferred | Immediate (no waiting period) | Lowest price possible |
| Standard | Immediate (no waiting period) | Moderately higher price |
| Partial/Graded | Partial coverage in first two years (30% Yr 1, 70% Yr 2) | Moderately higher price |
| Modified | No coverage in first two years (Refund of premiums) | Much higher cost |
| Guaranteed Acceptance | No coverage in first two years (Refund of premiums) | Much higher cost |
What Are The Best Final Expense Companies For Diabetics?
Dozens of final expense companies gladly accept people with diabetes. Below are some of the top providers to consider, as there’s a good chance that the best burial insurance for diabetics will be offered by one of these companies.
| Insurance Company | Coverage & New Applicant Age Limits | Details About Diabetes |
|---|---|---|
 | Coverage: $2,000-$50,000 Age Range: 45-85 | • Insulin friendly • No complications of any kind • Avoid if diabetic before age 45 |
 | Coverage: $2,000-$50,000 Age Range: 40-89 | • Insulin friendly • Type 1 & 2 friendly • Coma or insulin shock after 2 years • No amputations |
 | Coverage: $5,000-$50,000 Age Range: 45-80 | • Insulin friendly • Type 1 & 2 friendly • Coma or insulin shock after 2 years • No amputations |
 | Coverage: $7,000-$30,000 Age Range: 50-80 | • Insulin friendly (after age 30) • Type 1 & 2 friendly • Accepts neuropathy & retinopathy • No amputations, insulin shock, or coma |
 | Coverage: $5,000-$35,000 Age Range: 50-85 | • Insulin friendly • Type 1 & 2 friendly • No complications of any kind |
 | Coverage: $1,000-$50,000 Age Range: 45-85 | • Insulin friendly • Accepts neuropathy & retinopathy • No amputations, insulin shock, or coma |
 | Coverage: $2,500-$50,000 Age Range: 50-85 | • Insulin friendly (after age 50) • No complications of any kind |
How Much Does Funeral Insurance With Diabetes Cost?
Final expense insurance quotes are based on your age, health (all your health conditions), gender, the state you live in, and the amount of coverage you purchase.
Below are some example quotes that most people with diabetes can qualify for.
However, please keep in mind that the details of your health history may result in a price that differs slightly from what you see in this table.
What Factors Influence Your Coverage Options
First, it’s helpful to remember that all insurance companies have different underwriting standards. For example, some companies are accepting of insulin-dependent diabetics, and some aren’t.
That said, the following are the various factors that final expense companies consider about diabetes.
Age of initial diagnosis
Some applications will specifically ask if you were first diagnosed at a certain age. For example, Mutual of Omaha’s burial insurance plan asks if you had diabetes before age 45.
Not all companies ask a question like this, but it does happen.
A yes answer to one of these questions will likely result in a higher premium, and it could mean a full or partial waiting period.
Don’t be concerned very much with what age your diabetes started. Dozens of companies simply do not care or ask when your diabetes started.
Type 1 or type 2
Some applications will directly or indirectly ask if you have type 1 diabetes or type 2. Companies that ask about type 1 diabetes will likely decline you if you say yes.
If you have type 1 diabetes, it’s best to seek out a company with an application that doesn’t ask about type 1 diabetes or diabetes at a young age.
Insulin usage
Some applications will ask if you’re taking insulin. It’s not common, but some providers do ask.
A yes answer to this question will usually result in a higher price and possibly a waiting period. If you’re on insulin, don’t fret. Most final expense companies won’t even ask about it.
Insulin shock
Every single company will ask about insulin shock. Insulin shock is a severe event that could be life-threatening.
Most companies will outright decline anyone who has ever gone into insulin shock.
If it has been more than two years since this event, you can qualify for a level plan at the lowest rate possible, with no waiting period with a few companies.
Unfortunately, a modified plan with a waiting period and a higher price is inevitable if it’s been less than two years.
Diabetic coma
All final expense applications will ask about diabetic comas, and most companies will decline applicants if they have ever experienced this event.
Thankfully, if it was more than two years ago, you can qualify for a preferred plan. That would mean you pay the lowest rate possible and have immediate first-day coverage.
However, if it’s been less than two years, you’re looking at a much higher premium and a waiting period.
Amputation due to diabetes
A diabetic amputation is another event all final expense life insurance companies will ask about on their application. Most companies will not accept a person who has ever had a diabetic amputation.
While rare, there are some companies that offer level coverage at a low rate with no waiting period if it has been two years since the amputation.
Kidney damage
One of the common side effects of diabetes is damage to the kidneys, called diabetic nephropathy.
Sadly, if you have kidney disease due to diabetes, it’s highly likely that you’ll have a two-year waiting period and a higher premium. Now, it is possible to get coverage with no waiting period, but you’ll have to pay a higher price to do so, and only a couple of companies will do it.
Nerve pain or numbness in the hands, feet, or legs
Diabetic neuropathy is characterized by a tingling or numbness sensation that typically begins in the feet. It can also manifest throughout your legs and your hands.
Most final expense companies consider this condition very high risk. They will usually offer a modified whole life plan that costs extra and has a waiting period.
However, some companies will offer a preferred plan.
Eye damage
Another common diabetic complication is called retinopathy. It’s when your eyesight becomes damaged due to your diabetes. Like neuropathy, this usually results in a modified plan with a two-year waiting period.
However, some select companies will still approve you for their lowest price and not make you endure a waiting period.
Height and weight
Most final expense products will ask for your height and weight. They may decline you or charge you a higher premium if you’re too overweight for your height.
Most companies have very lenient guidelines for height and weight, so it’s typically not an issue. Furthermore, some companies actually have no guidelines at all. That means you could be 600 pounds, and it wouldn’t be an issue.
Your Overall Health Still Matters
It would not be responsible of us not to remind you about your complete health history. All your past health conditions are what genuinely determine what policies you can and can’t qualify for and what the cost will be.
This is why speaking with a qualified licensed agent (versus trying to buy online) who can thoroughly assess your situation is recommended. Once an agent is aware of your entire health history, they can determine all your burial insurance options and the specific costs associated with them.
Call us at 1-800-644-2926, and one of our licensed agents will calculate all your options and find the best option in less than 60 seconds.
- Nationally licensed life insurance agent with over 15 years of experience
- Personal annual production that puts him in the top .001% out of all life insurance agents in the nation.
Anthony Martin is a nationally licensed insurance expert with over 15 years of experience and has personally served over 10,000 clients with their life insurance needs. He frequently authors entrepreneurial and life insurance content for Forbes, Inc.com, Newsweek, Kiplinger, and Entreprenuer.com. Anthony has been consulted as an expert life insurance source for dozens of high-profile websites such as Forbes, Bankrate, Reuters, Fox Business, CNBC, Investopedia, Insurance.com, Yahoo Finance, and many more.
- Nationally licensed life insurance agent with over 19 years of experience
- Best selling Amazon author.
Jeff Root is a nationally licensed life insurance expert with over 19 years of experience. He has personally helped over 3000 clients with their life insurance needs. Jeff is a best-selling Amazon author and the managing partner of a highly successful insurance brokerage that manages over 2,500 licensed insurance agents across the USA. He has been a featured life insurance source for prestigious websites such as Forbes, Bloomberg, MarketWatch, Nerdwallet, and many more.
- Nationally licensed life insurance agent with over 14 years of experience
- Best selling Amazon author of five insurance sales books.
David Duford is a nationally licensed insurance expert with over 14 years of experience. He has personally helped more than 15,000 clients buy life insurance. David has been featured as an expert source for highly authoritative publications such as A.M. Best and Insurancenewsnet. He also runs one of the largest Youtube channels to help aspiring insurance agents serve their clients better.
- Nationally licensed life insurance agent with over 19 years of experience
- Best selling Amazon author.
Jeff Root is a nationally licensed life insurance expert with over 19 years of experience. He has personally helped over 3000 clients with their life insurance needs. Jeff is a best-selling Amazon author and the managing partner of a highly successful insurance brokerage that manages over 2,500 licensed insurance agents across the USA. He has been a featured life insurance source for prestigious websites such as Forbes, Bloomberg, MarketWatch, Nerdwallet, and many more.
- Nationally licensed life insurance agent with over 14 years of experience
- Best selling Amazon author of five insurance sales books.
David Duford is a nationally licensed insurance expert with over 14 years of experience. He has personally helped more than 15,000 clients buy life insurance. David has been featured as an expert source for highly authoritative publications such as A.M. Best and Insurancenewsnet. He also runs one of the largest Youtube channels to help aspiring insurance agents serve their clients better.
Choice Mutual often cites third-party websites to provide context and verification for specific claims made in our work. We only link to authoritative websites that provide accurate information. You can learn more about our editorial standards, which guide our mission of delivering factual and impartial content.
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Insulin shock. https://www.healthline.com/health/diabetes/insulin-shock
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diabetic nephropathy. https://www.hopkinsmedicine.org/health/conditions-and-diseases/diabetes/diabetic-nephropathy-kidney-disease
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Diabetic neuropathy. https://www.niddk.nih.gov/health-information/diabetes/overview/preventing-problems/nerve-damage-diabetic-neuropathies
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retinopathy. https://www.nei.nih.gov/learn-about-eye-health/eye-conditions-and-diseases/diabetic-retinopathy
