National Diabetes Awareness Month (November)
As of this writing, as many as 30,000,000 people are believed to have diabetes. Many of them are un-diagnosed and will find out after their next annual physical or illness that sends them to the doctor.
- An unprecedented 86,000,000 people are estimated to be pre-diabetic. This means that, absent major changes in lifestyle or behavior, it is likely that they will be diagnosed within the next 3-5 years.
There is a plethora of information circulating about the disease, treatments, eating plans, and prevention. It seems like every day we are hearing about a new medicine being released, a new study speculating on causes, or yet another sobering news story…as diabetes marches on.
Life Insurance and Diabetes
What you don’t hear as much about is diabetes and life insurance. Having been in this business many years, I am always taken aback by the lack of information available and the misinformation circulating about life insurance and this condition. I am often contacted by people who are newly diagnosed who have been told they cannot get coverage now that they are diabetic. These well-intentioned “advisors” usually turn out to be friends, family, co-workers, nurses, and even doctors who are remembering some scenario or random conversation they had with someone “who would know”. Sadly, many agents share that view. Fortunately, it is rarely true (It’s not entirely their fault. Often, they are simply not being trained). The truth is that treatments and better understanding of diabetes has improved the prospects for millions of diabetics wanting to cover their families!
All I know is a diagnosis of diabetes causes each of us to look inward and consider this milestone on our mortality with new eyes. We look at our families with a bit more tenderness and have a desire to make sure that things are taken care of should the worst happen. It is a natural reaction.
To those of you in this situation I say: Don’t give up! There are solutions….you just need to find someone who knows where and how to look for them. Just as treatments for diabetes have improved in recent years, so has life insurance!
Life Insurance Awareness For Diabetics
This month is Diabetes Awareness Month. I am very aware of diabetes…and I know life insurance too!