If so, is term life insurance a good plan ti buy?
Yes, depending on your health, how you manage your diabetes, your medication, how long you have had diabetes, and your height-to-weight ratio, among other factors, you may be able to buy life insurance with diabetes.
Term life insurance may be a good plan to purchase, depending on your life insurance needs.
Term life insurance is a form of temporary life insurance providing the most affordable life insurance protection for a specific period of time, usually 10, 15, 20 or 30 years.
Term life costs less than permanent life insurance because it is temporary, and builds no cash value inside the policy. It is pure life insurance protection, not an investment.
There are life insurance companies who now offer diabetics life insurance protection if you qualify. Here's a resource that explains Term Life Insurance for Diabetics and offers you an option for comparing life insurance rates and plans from several highly-rated life insurers.