A new term life insurance policy for diabetics: High premium but much-needed financial security, should you buy?

Published by Economic Times

Abhishek Kumar's role: Quoted

Abhishek Kumar, founder of SahajMoney, noted that premiums for diabetics run at more than twice the non-diabetic rate, said people earlier refused a term plan or with HbA1c below 8 could consider it, and suggested comparing other insurers' term plans.

A life insurer launched a term insurance plan for people with type 2 diabetes or pre-diabetes with HbA1c up to 8. The article covers eligibility, policy terms, sample premiums and a renewal discount for improving HbA1c, and compares its cost with regular term plans.

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A new term life insurance policy for diabetics: High premium but much-needed financial security, should you buy?

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