For the adults with diabetes— what have been your experiences applying for private individual life insurance policies (outside of the group plans your employers might provide)
I’ve raised this question on other diabetes forums and was really surprised on the lack of collective experience on this topic.
Most Americans who have young children are grossly under insured and a lot of the life insurance they do have is sponsored by their employer-- which is highly problematic because it is more than likely that an employee loses their job (and the insurance that goes with it) before dying.
Current recommendations are that primary earners in households with young children should carry as much as 14 times their annual gross income in life insurance (I’d personally suggest that bulk of this coverage should be carried outside of their employment arrangement).
So what are our collective experience with private life insurance and diabetes?
I have not personally applied for any private individual life insurance policies since my dx.