Frequently Asked Questions
How long will this process take?
About 10 minutes start to finish, if you have your information on hand when you start. You’ll need Dr.’s info, your beneficiaries, bank info, etc.
Why should I do business with Lifeline 4NoExam?
Our life insurance covers diabetics on day one! Most companies that will even consider a diabetic make you wait around 2 years for complete coverage to take effect.
When will I know if I’ve been accepted?
Immediately! Our process is totally automated. Go through the steps and you’ll be presented with options right now!
How long is the underwriting process?
The underwriting is totally automated, so there’s no wait. (We’re the first to do this, by the way!)
Will the price go up as I get older?
No, it stays the same, and will remain in effect as long as you continue to pay the premiums.
When will I actually have a policy in hand?
Our automated process goes directly to Sr. Life. When payment is confirmed you will receive an email with a .pdf of your policy.
What happens if my health declines?
“Once you’re in, you’re in!” You cannot be cancelled or rated up if your health changes.
Can I buy a policy on my mom, who has diabetes?
Sure you can! With Life Insurance you have to be able to show an ‘insurable interest’ in the person on which you are buying the policy. Family members count as an insurable interest, but, for instance your grumpy boss does not!
What is the difference between Term & Whole Life Insurance?
Term Life lasts for a ‘term’, or a period of time, then it expires. This is great for people with young families and those in really good health. Whole life lasts for your ‘whole life’, as long as you continue to pay the premiums. diabetic direct offers whole life products.
If I go through the process, then your agent will call me with a quote?
Nope, there are no agents involved, unless you just want to speak with one. Our process is totally automated.
What about younger people with Type I, will you cover them?
Yes, and the good thing about that, is it gives them a lifetime of insurability, because the policy is a Whole Life policy.
