Diabetes Recipe

Life insurance companies looking at your Diabetes Recipe?

Each insurance company when considering a diabetic will look at the make up or "recipe" of the individual.   Ten companies looking at one persons medical file will come up with 10 different rates for that person.  The company that is best for one diabetic may not be the company that is the best for most other diabetics. Knowing what each companies strengths and weaknesses are is crucial to finding the least expensive life insurance.

Make up or "recipe" factors:
Age
Diabetes type
Age of diagnosis
A1C
compliance with doctor
other conditions
     Retinopathy
     Neuropathy
     Heart disease
Height vs Weight

Each company has guidelines they will follow.  These guidelines change on a regular basis. It is very important to speak with an independent agent who specializes in diabetes.  Without asking all the questions above, a rate will be inaccurate.

The two biggest problems with most insurance quotes:
1-most agents are not independent.  They work for one or only a few companies.  They make more money by being loyal to their company but they are searching for the lowest price for their client.  They just present the lowest price they have. 
Note: there is no advantage to the purchaser to go with an agent that is captive with a company.  The rates for insurance companies are fixed and published.  The captive agent can not get a client a better rate or rate category form their company than an independent agent. 
2-bait and switch.  Agents will give a rate that a person will not qualify for medically.  The agent tries to lour a person with the low rate and hopes that when they find out the actual rate that they will accept it.  Quick quote services on the internet are a perfect example of this.  Consumer Reports Health advises those searching for insurance to "size up how well the agent knows the underwriting quirks of various insurers".  If an agent does not ask the questions above it is probably because they don't know how to shop and quote accurately.

Lifeboat Insurance Services is proud of the service we provide for our diabetic clients.  Not only do we have many companies to compare, but we communicate on a regular basis with the underwriters.  Reviewing the information in your medical records with a Lifeboat agent is the critical first step in searching for life insurance.  Our experience has helped many diabetics obtain the best price life insurance possible. 

Consumers have found that Lifeboat Insurance services is the one stop solution for diabetics searching for life insurance.  From understanding your personal needs to putting a policy in your hand,  Lifeboats service is unmatched.  Go to http://www.lifeboatinsurance.com/page/Depression.aspx or call 800-494-7780.

Lifeboat is a free "A" rated company search.  We never charge a fee to our clients.
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