Travel insurance for diabetics is essential when you travel or take a holiday just in case you fall ill and need medical treatment. The cost of receiving medical treatment overseas can be very high. For those with pre-existing medical conditions travel insurance can be expensive unless you shop around.
Diabetics have in the past paid significantly more for their travel insurance as diabetics, like many other sufferers of a pre-existing condition have had their premiums raised. The travel insurance companies consider those that are under the treatment of a doctor, even on a routine basis, may be more likely to claim and hence cause them to have to pay out.
For example, a 52 year old male, travelling to the USA for 1 week would pay around £13.39 if they didn’t have diabetes, but for the same person suffered from diabetes mellitus (type 1 or type 2) either diet or insulin controlled, the premium would be £33.43, that’s nearly 3 times more expensive.
Typically diabetics could also be suffering from high blood pressure. In our example the premium would still be £33.43 assuming the applicant was taking 2 medications for high blood pressure.
Two additional rating factors are high cholesterol medication and smoking status.
And finally, those that are awaiting a diagnosis or additional tests face the heftiest premiums as what insurers’ hate most of all is uncertainty, especially around the possible risk of falling ill abroad with a condition that isn’t yet well controlled