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Natural Diabetes Cure
- Individuals with Diabetes will not receive a preferred classification with any company i.e., their lowest premium. At best, highly controlled diabetics will be offered a "standard" premium.
- Some companies just do not want special risks and surcharge heavily. They find special risk applicants disruptive to their primary objective of underwriting individuals without major health issues. Underwriting time with companies in this category may be inordinately lengthy and the consequence can be an excessively high premium or rejection.
- Those classified as "uncontrolled diabetics" may find that only policies called "guaranteed issue" are available until the diabetes is under control (look up "life insurance, guarantee issue" on the Web).
- Newly diagnosed diabetics typically will find that even special risk insurance companies will seek a postponement until tracking of the diabetes is available — typically 3 to 6 months after diagnosis.
- Diabetics who were declined or postponed may find that selected companies will provide insurance at competitive premium given good control of the diabetes. A rejection by one insurance company does not mean that all companies will reject your application. More shopping can be fruitful.
- Heavy surcharges imposed by one company may not be introduced by an insurance company with extensive experience with special risks — all companies are not created equal. And, premiums could vary as much as 100 — 200%....
Ask the all agent/brokers if their primarily business is working with special risks. The response should be an indication of expertise and availability of markets. Re-shop any surcharged offer to confirm its appropriateness.
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