1. Introduction
Securing the financial future of loved ones is crucial, especially for people living with chronic conditions like diabetes. Reputed Indian insurers now offer specialized term insurance plans for diabetic patients that address unique risk factors and ensure affordable coverage.
2. Can Diabetics Get Term Insurance in India?
Yes, both Type 1 and Type 2 diabetics (especially those with controlled diabetes in the past 6–12 months) can buy term insurance plans. Pre-diabetics and gestational diabetes cases are also eligible, with lower premiums if under control.
3. Key Features of Diabetic Term Insurance Plans
- Life cover: Flexible sum assured from ₹25 lakhs (no upper limit in many cases)
- Tax benefits: Premiums and payouts are tax-deductible under relevant sections.
- Riders: Critical illness, accidental death, and permanent disability options may be available.
- Flexible payment: Annual, half-yearly, quarterly, or monthly payments.
- Online processing: Convenient and fast application with digital documentation.
4. Eligibility Criteria & Factors Affecting Premium
- Entry Age: Usually 30–60 years; maturity up to 75 years.
- Diabetes Type & Control: Lower premiums for controlled Type 2 diabetes, higher for Type 1 or insulin-dependent.
- Medical Tests: HbA1c, blood sugar, routine screenings.
- Lifestyle Factors: Obesity, hypertension, smoking increase premium or may lead to rejection.
- Sum Assured: Minimum ₹25 lakhs; maximum varies by provider.
5. Best Term Insurance Plans for Diabetics in India
6. Comparison Table of Top Plans
WA = Waiver of Premium | CI = Critical Illness | DI = Disability | ADB = Accidental Death Benefit | ROP = Return of Premium
7. How to Choose the Right Plan
- Analyze diabetes control (recent HbA1c, medication, complications)
- Compare premium quotes online for minimum and maximum covers
- Choose riders based on health risk: CI, accidental, waiver, etc.
- Opt for longer terms for better protection.
- Check claim settlement ratio and after-sales support of the insurer.
8. Tips to Lower Premiums for Diabetics
- Maintain consistent blood sugar control (HbA1c <7-8%)
- Lead a healthy lifestyle; avoid tobacco and control blood pressure
- Disclose all medical details honestly to avoid claim rejection
- Choose regular health check-ups offered by insurers
- Buy policies online for lower processing charges.
9. FAQ for Term Insurance for Diabetics (2025)
Q1. Can Type 1 diabetics get term insurance?
A: Yes, but often with higher premiums and stricter underwriting compared to Type 2.
Q2. What medical tests are required?
A: HbA1c, fasting/PP glucose, blood pressure, and other risk profiles.
Q3. What’s the minimum HbA1c required?
A: Most accept HbA1c up to 8% for Type 2 and pre-diabetics. Higher levels may face rejections or counteroffers.
Q4. Are there any maturity benefits?
A: No, term insurance is pure risk cover — only death benefit applies.
Q5. What if diabetes is controlled after buying?
A: Some plans offer premium discounts for sustained control over a year.
