Underwriting

John Hancock has the medical underwriting experience and suite of products to provide your clients with the best and most competitive life insurance rates.

1942

Manulife is the first North American life insurance company to cover people living with diabetes

2018

The majority of applicants living with diabetes are approved by John Hancock

Underwriting advantage

The number of Americans with diabetes is increasing — and many of them could be your life insurance clients. John Hancock has the experience and expertise to offer these clients competitive underwriting decisions.

Unparalleled expertise

With years of experience, our team of underwriters has developed a deep understanding of the implications of living with type 1 and type 2 diabetes.

Holistic view

We take a broad view of an individual’s overall health profile and Aspire offers your clients the opportunity to better manage their condition and improve their overall health.

What to expect:

 

 

Current age

Type of diabetes

Medication

Complications

Nephropathy, neuropathy, retinopathy, cardiovascular disease

Blood pressure

Treatment

Current height and weight

Degree of control

Blood sugar readings including hemoglobin A1c

Preferred may be available >age 60, Type 2 diabetes treated with diet or oral medication only, no complications, and excellent control.

Gestational diabetes requires individual consideration, but offer may be available — generally if insulin is not required and there are no pregnancy complications.

The younger the age at application and the more severe the course of the disease, the higher the ratings.

Type 2

Best Case:
Best Case: Standard Plus if age 50 and over, excellent control, no complications and treated by diet and oral medication only. Preferred if age 60 and over, excellent control, no complications, and treated by diet or oral medication only

Typical Case: Standard to 150%

Type 1

Best Case: Excellent control, no complications: 150%
over age 50

Typical Case: 200% depending on the age and control

Type of diabetes including age at onset

clipboard

History of blood sugar control – copies of blood and urine tests (incl. Hemoglobin A1c and microalbumin where possible)

Active lifestyle

Copies of specialist reports (neurologist, nephrologist, endocrinologist)

ID

Details of risk factor modification

Medications

Underwriting qualifications

For people living with diabetes, an HbA1c goal of 7% is typically recommended, although this goal may vary based on an individual’s medical history.

Generally, the older an applicant is at the time of diagnosis, the less likely the risk of long term complications and the more favorable the offer. This is assuming that the applicant’s diabetes is well controlled and there are no significant complications such as blindness, kidney failure, severe nerve damage or vascular disease (e.g. heart attack, stroke, arterial disease in the legs).

 

 

 

Diabetes mellitus is a condition that results in chronically elevated blood sugar levels. One way to monitor blood sugar is with a blood test known as the HbA1c (or A1C). A1C is a measure of average blood sugar and its value reflects overall blood sugar control within the past three months.  For people living with diabetes, a A1C goal of 7% is typically recommended, although this goal may vary based on an individual’s medical history.

Generally, the older an applicant is at the time of diagnosis, the less likely the risk of long term complications and the more favorable the offer.  This is assuming that the applicant’s diabetes is well controlled and there are no significant complications such as blindness, kidney failure, severe nerve damage or vascular disease (e.g. heart attack, stroke, arterial disease in the legs).

Type I is a form of diabetes that often occurs in childhood and is due to destruction of the cells in the pancreas that make insulin. The absence of insulin in the body results in elevated blood sugar.  People with type I diabetes must take insulin for life. The cause of type 1 diabetes is unknown however it is believed to involve a combination of genetic and environmental factors. Applicants with favorable blood sugar control and strong control of vascular risk factors (blood pressure, cholesterol and build)) and have not developed other related complications could be considered at standard or slightly rated insurance rates.

Current age

Type of diabetes

Medication

Complications

Anephtopathy, neuropathy, retinopathy, cardiovascular disease

Blood pressure

Treatment

Current height and weight

Degree of control

Blood sugar readings include hemoglobin A1c

Type of diabetes including age at onset

History of blood sugar control – copies of blood and urine tests (incl. Hemoglobin A1c and microalbumin where possible)

Active lifestyle

Copies of specialist reports (neurologist, nephrologist, endocrinologist)

Details of risk factor modification

Medications

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