Written By: varun saxena

varun saxena

Term & Life Insurance

I am a passionate content writer with over three years of experience in the insurance domain. An avid learner, I always tries stays ahead of the industry's trends, ensuring my writing remains fresh and includes the latest insurance shifts. Through my work, I strive to engage with targeted insurance readers.

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Reviewed By: Apeksha Parsai

Apeksha Parsai

Term & Health Insurance

Apeksha has trained young minds about the benefits of health & term insurance throughout her 8+ years career. She designs, develops, and delivers impactful training programs for agents/brokers, and internal teams. Her expertise lies in insurance product knowledge, sales strategies, regulatory compliance, and customer service.

Updated on Feb 04, 2026 8 min read

Best Term Life Insurance for Diabetics

A term insurance plan is a crucial product to safeguard the future of the dependents by providing financial support in your absence. But what if you have a pre-existing diabetic condition? In most of the cases the insurance companies either deny or charge heavy premium rates on the purchase of a term insurance plan and most insurers don’t issue a term plan for diabetes patients. So in this article, we will take a closer look at term insurance for diabetic patients

Kindly note that term insurance can only be issued for Diabetic patients if the insulin that they are consuming doesn’t exceed 500mg of levels.

• Health Management Services
• Medical Consultations
• Medical Second Opinions
• Health Coaching
• Vitals Tracking, and more

Alongside term insurance, some insurers also provide a mediclaim policy for diabetic patients, which covers hospitalization and medical expenses related to diabetes complications, ensuring overall financial protection.

Term Insurance for Diabetes Eligibility Criteria

It is important to note that if you are an individual suffering from type 1 or type 2 diabetes you can avail of term insurance. However, it is easier to avail of term insurance for diabetics if your diabetes has been under control for 6 to 12 months with almost no fluctuations. We have mentioned below the generic eligibility criteria for the best term life insurance for diabetics

Best Term Life Insurance for Diabetics Key Features

Diabetes Term Insurance offers a plethora of features to their policyholders and we have compiled a list of them all in the table provided below

Benefits of Diabetes Term Insurance

We have mentioned below the benefits provided by the diabetes term plan available to customers in India

• Provides not only term insurance coverage but also takes care of your overall health and well-being. Multiple webinars, medical second opinions, and vitals tracking are provided.
• Insured individuals can avail of the keep fit benefit, wherein a premium reduction benefit is offered on the policy anniversary provided the insured individual has consistently improved their diabetes parameters.
• A minimum sum assured of Rs. 25,00,000 is offered on the purchase of the diabetes term insurance plan providing adequate financial coverage to your family in case of your demise.
• The plan is a unique insurance product with type 2 diabetes patients in mind as well as pre-diabetics.
• Flexibility to opt for your policy term between 5 to 25 years and a flexible premium payment facility is available allowing insured individuals to choose between yearly, half-yearly, quarterly, and monthly premium payment facilities.

Cost of Diabetes Term Insurance

Given below is a premium illustration of a 35-year-old individual having Diabetes along with insulin consumption of up to 500mg

50 Lakhs

1 Crore

Factors To Consider When Purchasing The Best Life Insurance for Diabetics

Before making a purchase decision it is necessary to carefully consider all the factors mentioned below

• Diabetic term plan must provide sufficient sum assured options for you and your family as it is essential to safeguard your family members in case of any complications arising due to diabetes or sudden demise. Creating an adequate financial corpus is a top priority.
• Understand if the term insurance for diabetic patients offers you additional benefits that help you in managing your overall health as diabetes is a lifestyle disease and affects all aspects of your life.
• Before purchasing a diabetes term insurance make sure that you check if your diabetes diagnosis is covered under the term insurance plan or not. Type 1 and Type 2 diabetes come with different complications, hence it is important to understand if your diabetes diagnosis is covered or not.
• The age at which you were diagnosed with Diabetes is important to consider as many insurance providers will provide you with a term insurance plan at a higher premium if diabetes is diagnosed at an early age.

How Does Diabetes Type 1/2 Impact Your Term Insurance Policy?

It is important to understand that the type of diabetes you are diagnosed with will play a vital part in purchasing a diabetes term plan and here is how

• If you are diagnosed with Type 1 diabetes, an individual is considered at high risk as it is more difficult to control and is diagnosed at an early age. This may lead to higher premiums or even rejection of term insurance plans.
• If you are diagnosed with Type 2 diabetes, you are considered low risk as it is diagnosed at a later stage in life and does not have much time to impact your body which means you are at lower risk of health complications especially if the individual is careful with their health and wellness. Insurance providers will offer you a term plan, however, if you are dependent on insulin you may face higher premiums and policy rejection chances.
• There is a third case of gestational diabetes which is developed due to hormonal changes in pregnant women, In case you are diagnosed with gestational diabetes, it is best to wait a few months post-birth in order to apply for a term insurance plan.

Wrapping It Up

If you are diagnosed with diabetes, it is not impossible to avail of term insurance for diabetic patients. There may be certain terms and conditions to be fulfilled however, you can avail of the best diabetes term insurance plans. With adequate sum assured availability, wellness benefits, death benefits, and other such benefits term insurance plans for diabetic patients will promise financial safety for you and your loved ones.

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