There are a myriad of instances why a person would buy life insurance – both business and personal. But, in most cases, it is because they care about and want to protect someone from the financial consequences of the unexpected.
For many people, obtaining life insurance entails the simple act of filling out an application, going through a medical exam, and waiting to hear back from the underwriters regarding their policy approval. Unfortunately for others, with serious health concerns, the process is not so easy.
In these instances – depending on the severity of their condition – an applicant’s coverage may be accepted only on the condition that he or she pay a higher amount of premium. Alternatively, they may be denied coverage altogether.
If you’ve been diagnosed with diabetes and you take Glipizide, there is good news. There are other avenues for obtaining life insurance coverage – and in doing so, we can help you in going about your application strategy in a manner that can bring you a much higher chance of success.
How Glipizide Works with Treating Diabetes
Glipizide is a prescription medication that is often used for the treatment and management of Type 2 diabetes. Those who take this medication and apply for life insurance coverage using the traditional methods of underwriting may oftentimes be rated at a Table B, meaning that they are required to pay a much higher amount of premium for their coverage. In other cases, an individual’s application for coverage could be declined altogether. Some of the key determining factors for an applicant are typically his or her daily blood sugar levels, as well as their A1C levels.
It is important to note that the medication Glipizide is only used for treating and managing Type 2 diabetes as versus Type 1 diabetes – and there is a difference between the two types of this health condition.
First, Type 2 diabetes is often referred to as adult-onset diabetes. It is a type of metabolic disorder and it is typically characterized by the individual having high blood glucose. This comes in the form of relative insulin deficiency and insulin resistance.
Type 2 diabetes can further be broken down by the seriousness of the condition whereby more severe forms have the individual being more prone to issues such as stroke, cardiovascular disease, blindness, or kidney failure, and less serious forms of it have the individual showing symptoms of increased hunger, thirst, or more frequent urination.
Type 2 diabetes differs from Type 1 diabetes in that with Type 1 diabetes the individual, as a result of the destruction of islet cells in his or her pancreas, has an absolute insulin deficiency. Overall, however, it is estimated that roughly 90 percent of those who have diabetes in the U.S. have Type 2.
How Taking Glipizide Can Affect Getting Approved for Coverage
Glipizide – also often referred to as Glipizide XL – is an oral medication that is used for treating, as well as managing Type 2 diabetes. It can help an individual by controlling the sugar levels in the body.
If purchasing life insurance and taking Glipizide, note that a quote you get from one carrier will not be the same as a quote from other life insurance carriers. Each one of them view diabetes and Glipizide differently on how much risk they bring to the books.
With that in mind, it is important to go into the process of purchasing life insurance coverage with a good understanding of how the process works, as well as with a solid strategy. When doing so, we can help.
Finding the Best Life Insurance
When you feel the time is right to buy a policy, you’ll want to find an agency that will show you quotes from more than one life insurance company. This way, you will be able to promote your application to more than one insurer – which can in turn, provide you with a better opportunity for being approved for coverage. Either fill out the box on the left or reach us immediately at 888-229-7522.
The agents at our company will be the perfect partner to you while we work towards finding the best policy, carrier and rate for your plan. Our work will be efficient, information will be plenty but simple to understand, and we can do all communication without having to leave our office, or you your home.
We understand that the purchase of diabetic life insurance can sometimes feel confusing. There are a lot of details that surround this type of purchase – and these can be especially important when dealing with a health-related issue and prescription medications. We can assist you in determining the right type and amount of life insurance coverage for your specific needs and goals, as well as in finding the carrier that will best fit your unique situation.
Before moving forward with this important purchase, we want to ensure that you have all of the essential details that you need to make the most informed purchase possible. So, give us a call today and see how we can help.