- Life cover – Quotes are possible with increased premiums or we may not be able to provide a quote
- Critical Illness and TPD – HSBC Life are unable to provide a quote.
Type I and II diabetes are assessed the same and outcomes are based on complications, control, duration of illness and age, plus any other disclosures.
The majority of people will have a good understanding of their diabetes, attend regular reviews and will know how well they are managing the control of their diabetes.
There are some rules that apply across all applicants with diabetes – that would result in HSBC Life not being able to offer Life cover at the current time. Such as:
- Any pending referrals or investigations (other than routine diabetes check-ups)
- Any comorbidities, e.g. chest pain, angina, kidney problems or stroke etc
- Applicants currently under the age of 40
- Their BMI is over 38
- Any complications, such as ulcers, eye problems or more than 2 hypoglycaemic attacks in the last 5 years
- Having been in hospital or visited A&E within the last year
- Diagnosed under 6 months ago (180 days)
- If last reviewed over 2 years ago.
*Note if diabetes is in combination with other cardiovascular related conditions such as raised blood pressure or raised cholesterol this may affect our ability to offer a quote.
Smoking may require an extra premium or a result in us not being able to offer a quote, this depends on volume.
The final outcome will then depend on their age, control based on their last review/blood test and how long they have had their diabetes for.
This is a general guide and is not a guarantee of acceptance.
|Example||Scenario (assumes BMI within normal limits, no to all other questions not specified and within maximum for sum assured and age limits)||Life Cover||Critical Illness Cover||TPD Cover|
|40-49||HbA1c Up to 8.0% or 64 mmol/mol; diagnosed up to 15 years ago.||From +50% loading to terms not being offered|
|50-59||HbA1c Up to 10.0% or 86 mmol/mol; diagnosed up to 30 years ago.||From +50% loading to terms not being offered|
|>60||HbA1c Up to 10.0% or 86 mmol/mol; diagnosed up to 30 years ago.||From +50% loading to terms not being offered|