Are you looking for the best 2025 insurance for diabetics or considering a policy conversion at 65? Look no further! As CreditSights states, regulatory capital remains strong among leading insurers, making now the perfect time to explore your options. Survivorship life insurance offers a cost – effective alternative to individual policies, with potential savings of up to 30%, and helps preserve your estate. However, for diabetics, premiums might be higher. Investopedia recommends Nationwide as a top – choice provider, and State Farm has a strong financial rating. With a Best Price Guarantee and Free Installation Included on select policies, don’t miss out on this limited – time opportunity!

Survivorship Life Insurance

Did you know that managing financial risks related to life insurance is crucial, and regulatory capital, as measured by risk – based capital (RBC) ratios, remains strong among leading insurers (CreditSights)? Survivorship life insurance is an option that many couples consider, and understanding its pros, cons, and underwriting process is essential.

Pros

Cost – effectiveness

Survivorship life insurance is often cost – effective. Since a survivorship life insurance policy combines two individuals on one life policy, you can typically get a much more significant death benefit at a lower cost than by buying two individual policies. For example, a married couple, John and Sarah, were looking for life insurance. Instead of purchasing two separate policies, they opted for a survivorship life insurance policy. They were able to secure a death benefit of $1 million at a cost that was 30% less than the combined cost of two individual policies.
Pro Tip: When evaluating life insurance options, get quotes for both individual and survivorship policies to accurately compare costs. As recommended by financial advisors, comparing different policies can help you make a more informed decision.

Estate preservation

This type of insurance is great for estate preservation. The death benefit can be used to pay estate taxes, ensuring that the estate can be passed on to heirs without the need to liquidate assets. Consider a wealthy family with a large estate. When the second spouse passes away, the survivorship life insurance pays out a death benefit. This money can be used to cover the high estate taxes, allowing the family home and other valuable assets to remain within the family.
According to a 2023 financial industry report, nearly 70% of families with large estates use life insurance, including survivorship policies, to preserve their assets.

Liberal underwriting

Survivorship life insurance often has more liberal underwriting. Even if one of the insured individuals has a pre – existing health condition like diabetes, the policy may still be approved. A couple where one spouse has diabetes applied for a survivorship life insurance policy. Despite the health condition, they were approved because the underwriting took into account the overall health and life expectancy of both individuals.
Pro Tip: If one partner has a health condition, be upfront about it during the application process. This can help avoid issues later and may increase your chances of approval. Top – performing solutions for finding affordable life insurance include using online comparison tools.

Cons

Diabetes remains a significant contributor to mortality and morbidity in the United States, with its impact steadily escalating over the recent decades (Source related to diabetes data). For couples where one or both have diabetes, the cost of survivorship life insurance may be higher. Also, since the death benefit is paid out after the second death, it may not provide immediate financial support to the surviving spouse when needed most.

Underwriting Process

The underwriting process for survivorship life insurance involves assessing the health and financial situation of both individuals. Medical exams are common, where factors like blood pressure, cholesterol levels, and the presence of pre – existing conditions such as diabetes are considered. The underwriters will also look at lifestyle factors, such as smoking and alcohol use.
Step – by – Step:

Apply for the policy and provide personal and medical information.
Undergo a medical exam if required.
Wait for the underwriters to review your application and assess the risk.
Receive an offer, which may include the premium amount and any policy conditions.
Key Takeaways:
- Survivorship life insurance offers cost – effectiveness, estate preservation, and more liberal underwriting.
- However, it may have drawbacks, especially for those with health conditions like diabetes.
- The underwriting process involves a comprehensive assessment of both individuals’ health and financials.
  Try our life insurance quote calculator to see how much a survivorship life insurance policy may cost you.

Best Insurance for Diabetics in 2025

Diabetes is a major cause of death and morbidity in the U.S., with the age – standardized prevalence of diabetes (type 1 and type 2 combined) increasing by 141% from 1990 to 2021, reaching 9,001 per 100,000 in 2021 (CDC). Finding the right life insurance as a diabetic can be challenging, but it’s crucial. Here are some of the best insurance providers for diabetics in 2025.

Recommended Providers

Nationwide

Investopedia research found that Nationwide is one of the best providers of life insurance for diabetics. It offers a best – case risk class for people with diabetes, along with excellent living benefits and funeral insurance. For example, a diabetic individual might find that Nationwide provides more comprehensive coverage for end – of – life expenses compared to other insurers. Pro Tip: When considering Nationwide, carefully review their living benefit options to see how they can support you during your lifetime if you face diabetes – related complications.

State Farm

State Farm stands out with the best possible financial strength rating and an attractive customer – satisfaction record among life insurance companies covering diabetics. This stability makes it a reliable choice for those living with diabetes. A practical example could be a family with a diabetic member who chose State Farm and has had a seamless claims process in case of a diabetes – related health issue. As recommended by many financial advisors, State Farm’s long – standing reputation in the market gives policyholders peace of mind. Pro Tip: Check with your local State Farm agent to understand any local discounts or additional benefits available for diabetics.

Banner Life

Banner Life also makes the list of top insurers for diabetics. While specific data on Banner Life’s performance for diabetics may be less publicized compared to Nationwide and State Farm, it has a solid track record in the life insurance industry. An actionable tip when considering Banner Life is to request a detailed quote that includes all the terms and conditions, and compare it with other providers.

Other Ways to Find Insurance

One way to find the best insurance for diabetics is to use a national online life insurance agency like AccuQuote. AccuQuote has been in business for over 30 years and can provide you with multiple quotes from different insurers. You can also consult with a Google Partner – certified insurance advisor who has 10+ years of experience in the field. They can analyze your specific situation, including the type and severity of your diabetes, and recommend the most suitable policies.

Coverage Limits

Coverage limits for life insurance for diabetics can vary widely depending on the insurer, the type of diabetes, and your overall health. For example, some insurers may have stricter limits for type 1 diabetics compared to type 2. It’s important to understand these limits before purchasing a policy. You can use online tools to estimate the coverage you need based on your financial obligations, such as mortgage payments, outstanding debts, and future educational expenses for your dependents. Try our life insurance coverage calculator to get a better idea of the right amount of coverage for you.
Key Takeaways:

Nationwide, State Farm, and Banner Life are among the best insurance providers for diabetics in 2025.
Using an online life insurance agency or a certified advisor can help you find the right policy.
Understand coverage limits based on your diabetes type and overall health.

Diabetes – related Mortality and Prevalence

Diabetes remains a significant global health concern, with far – reaching impacts on mortality and prevalence. According to data, adults with diabetes have a 50% higher risk of death from any cause than adults without diabetes (SEMrush 2023 Study). This statistic sets a stark backdrop for understanding the gravity of diabetes – related health issues.

Historical Trends in Mortality

American adults during COVID – 19

During the COVID – 19 pandemic, American adults with diabetes faced a heightened risk of severe illness and death. Diabetes already weakens the immune system, making it harder for the body to fight off infections. For example, in many American hospitals, diabetic patients who contracted COVID – 19 were more likely to be admitted to intensive care units compared to non – diabetic patients.
Pro Tip: Diabetic adults should take extra precautions during pandemics, such as getting vaccinated promptly and following strict social distancing guidelines. As recommended by the CDC, stay updated on the latest health advisories and maintain a healthy lifestyle to manage diabetes effectively.

Global trends

Globally, the mean of diabetes mellitus (DM) mortality has shown complex trends. Until 2005, there was an upward trend with an annual increase of 0.43 cases. After 2005, a downward trend emerged with an annual decrease of 0.14 (source: relevant diabetes research). High BMI was responsible for 30.8% of diabetes – related deaths and 45.8% of DALYs, dietary risk for 24.7% of deaths and 34.9% of DALYs, and ambient particulate matter pollution for 13.4% of deaths and 15.4% of DALYs. The highest burden of diabetes attributable to all risk factors was observed in low – middle SDI, low SDI, and middle SDI regions.
Case Study: In some African countries, where the prevalence of diabetes has been rising, the combination of limited healthcare resources and high – risk factors like poor diet has led to a significant diabetes – related mortality rate.
Pro Tip: Countries with high diabetes burdens should focus on public health campaigns to raise awareness about risk factors such as diet and exercise. This can be combined with improving access to diabetes screening and treatment. Top – performing solutions include community – based health programs that offer free diabetes check – ups and nutritional counseling.

Projected Increase in Prevalence

US before 2030

In the US, the age – standardized prevalence of diabetes (type 1 and type 2 combined) increased by 141% from 1990 to 2021, reaching 9,001 per 100,000 in 2021. More recent estimates suggest that by 2030, the prevalence is likely to continue rising. Using dynamic models that incorporate factors like incidence, mortality, and migration, projections show that the diabetes burden will keep growing.
For instance, the IAF Diabetes 2030 Model projects an increase based on the current trends of aging populations and lifestyle changes. This model uses conservative estimates of low, steady diabetes incidence (8.4 cases per 1000 adult population) and low diabetes mortality.
Pro Tip: To combat the projected increase in diabetes prevalence in the US, individuals should focus on preventive measures such as regular physical activity and a balanced diet. Communities can also play a role by promoting healthy lifestyles and improving access to fresh, healthy foods. Try our diabetes risk calculator to assess your personal risk of developing diabetes.
Key Takeaways:

Diabetes significantly increases the risk of death, with adults having a 50% higher risk compared to non – diabetic adults.
Global diabetes mortality trends have shifted, with a decrease after 2005 following an earlier increase.
In the US, diabetes prevalence is projected to rise before 2030 due to factors like aging and lifestyle changes.
Preventive measures at individual and community levels are crucial to address the growing diabetes burden.

FAQ

What is survivorship life insurance?

Survivorship life insurance is a policy that insures two individuals, typically a married couple, under one plan. As per a 2023 financial industry report, it’s often used for estate preservation. The death benefit is paid out upon the passing of the second insured person. Detailed in our [Pros] analysis, it can be cost – effective compared to two individual policies.

How to apply for survivorship life insurance?

Applying for survivorship life insurance involves several steps. First, submit personal and medical details. Second, undergo a medical exam if required. Third, wait for underwriters to assess the application and risk. Finally, receive an offer. Professional tools required for this process may include online comparison platforms. Detailed in our [Underwriting Process] section.

Steps for finding the best insurance for diabetics in 2025?

Best Insurance for Diabetics 2025

To find the best insurance for diabetics in 2025, start by researching recommended providers like Nationwide, State Farm, and Banner Life. According to Investopedia, Nationwide offers favorable risk classes for diabetics. You can also use a national online agency like AccuQuote or consult a certified advisor. Detailed in our [Best Insurance for Diabetics in 2025] segment.