About iam|INSURED and why we’re different

We're experts in life insurance and health insurance, especially for people with medical conditions, dangerous jobs and hazardous activities. We've helped thousands of families to get the best protection over the past 20 years and make sure that they pay a 'fair price'. Everyone is different and their financial needs are unique to them... which is why we treat everyone as individuals and do our best t help. We're also rated 4.9 out of 5.0 by our customers

Life insurance, critical illness cover and income protection for people with Diabetes

iam|INSURED is the UK’s #1 for helping people with diabetes and other medical conditions to get life insurance to protect their families. We’re dedicated to making sure that people are treated the right way and fairly regardless of their health. Our team of highly committed experts have helped thousands of people to get the cover they need and save money. Life insurance for people with diabetes in most cases shouldn’t be difficult and it’s our mission to help you.

Over the past 20 years, our team of top experts has helped thousands of people with diabetes to protect their families and their homes with life insurance, critical illness cover and income protection. We aim to get you protected faster than anyone and for you to pay less for your cover

What does Diabetes life insurance cost?

If you’ve been diagnosed with Diabetes and need life insurance then there are certain questions you’ll be asked about your condition. Insurance companies will review your application for Diabetes life insurance based on relevant information such as:

  • What date were you diagnosed with Diabetes
  • Which type of Diabetes do you suffer from (e.g. Type 1, Type 2, Gestational etc.)
  • What medication do you take (e.g. Metformin, Insulin, Diet controlled etc.)
  • Have you ever had any surgery (e.g. Dialysis, transplant etc.)
  • What is your current Hba1c reading
  • Height and Weight (BMI)

Your premiums for Diabetes life insurance will also depend on:

  • Sum assured (£’s)
  • Term of cover (years)
  • Type of policy (e.g. Family, Mortgage, Whole of Life etc.)

How much cover do I need?

It is difficult to say how much cover you need when you are applying for a Diabetes life insurance, critical illness cover or income protection policy. There are however some simple rules that you can follow which will give you a good idea for how much cover you need before you apply.

You should also be aware that a Diabetes life insurance, critical illness cover or income protection policy could increase after underwriting to reflect any additional risks of claim so affordability may be a consideration.

Diabetes life insurance amounts of cover

  • Mortgage amount (£’s)
  • Outstanding debt (e.g. Loans, second charge, credit cards and other)
  • Dependants
  • Spouse or Partner
  • Income (after Tax)
  • Assets (e.g. car, house, business etc.)For more information about how much Diabetes life insurance you need to protect your family and home, see our iaminsured life insurance calculator.

Diabetes critical illness cover amounts

Critical illness cover is slightly different to life insurance in the sense that it is designed to provide a lump sum payment if you are diagnosed with a critical or serious illness. Most people relate this type of cover to Cancer which is the biggest reason for claims for critical illness cover. Things to consider are:

  • Income (after Tax)
  • Mortgage payments (annual)
  • Cost of living (annual)
  • Any other possible costs (e.g. medical treatment or adaptations)

Up to recently it has been either very difficult or impossible in a lot of cases to get Diabetes critical illness cover but that is changing so it is definitely worth speaking to a specialist. For more information about Diabetes critical illness cover you should speak to one of our expert advisors by calling 01244 732 890.

Diabetes income protection amounts of cover

Income protection is a very flexible product with a lot of options and variables so you need to consider your own circumstances before you consider this type of policy. If you work and especially for people who are self-employed, a Diabetes income protection policy can be a valuable product to give you peace of mind if anything happens to you. Some of the main aspects to consider are:

  • Monthly income (after tax)
  • Mortgage/rent payments
  • Debts (other)

You should be aware that it may not be possible to get a Diabetes income protection policy depending on your condition, type of Diabetes and health. You can speak to one of our team of Diabetes income protection experts who will be able to tell you whether you can have this type of cover and we do not charge for our advice.

Which insurance companies offer Diabetes life insurance?

It is possible to get a Diabetes life insurance policy from most insurance providers these days, however the cost will vary dramatically depending on their ability to underwrite you based on your condition and health. As the number of people diagnosed with Diabetes grown in the UK there is also an ever increasing appetite for insurance providers to offer competitive rates for Diabetes life insurance as well as innovative products.

We are Diabetes life insurance specialist with over 20 year’s experience in dealing with people like you who need financial protection for their families at the right price. Our team of experts will take details of your condition, health and lifestyle to be able to offer you the best cover at an affordable monthly cost.

Diabetes critical illness cover and income protection providers

It is also becoming more and more likely to be able to get a Diabetes critical illness cover or income protection policy as a growing number of insurance providers are offering this type of cover. Historically it has been either very difficult or even impossible to get a Diabetes critical illness cover or income protection policy but that is rapidly changing so you may find that it could be possible for you.

If you have applied for Diabetes critical illness cover or income protection in the past and your application was declined then it may be worth contacting Iam Insured to try again. Critical illness cover and income protection are both incredibly valuable policies, especially for those with a pre-existing medical condition such as Type 1 or Type 2 Diabetes.

Diabetes life insurance rates

Rates for life cover will vary from one insurance provider to another depending on the companies underwriting philosophy. Insurance providers use a risk based scale to determine the amount you will pay for your cover and premiums can vary dramatically. All insurance companies have their own underwriting criteria which will also change over time so can be difficult to predict unless you regularly speak to them.

Exclusions for Diabetes life insurance, critical illness cover or income protection

Another possible outcome when applying for cover like Diabetes life insurance, critical illness cover or income protection is for an exclusion to be applied to your policy. This means that you may have certain conditions which can be linked to your Diabetes (e.g. Cardiovascular, eye problems etc.) excluded from your policy. You may also find that certain additional benefits could be excluded such as Total and Permanent Disability, Waiver of Premium or Guaranteed Insurability.

For more information about diabetes and life insurance you can contact iam|INSURED on 0800 009 6559 or submit an enquiry