Is life insurance with mitral valve prolapse possible? Are you looking for life insurance with Barlow’s Syndrome, floppy valve syndrome, or click-murmur syndrome? How often is mitral valve prolapse life insurance approved? How much does it cost?
You may feel a bit stressed, nervous and even anxious when you apply for life insurance, especially if you have a heart condition. Fear not! At Heart Life Insurance we deal with heart conditions like mitral valve prolapse and issue life insurance approvals daily.
Life insurance is all about determining risk, and any heart condition will make you more of a risk to life insurers.
The key to the best rates is to work with our independent underwriting experts to frame your application in the best light.
With over 60 A+ rated life insurance companies, you will find the best fit for you and your health class at the best value.
Many agents will be confused about your heart condition and may deny your application on face value. However, you can get great life insurance even with mitral valve prolapse.
Life Insurance and Mitral Valve Prolapse
You can always try to improve your chances of getting affordable life insurance by living a healthy lifestyle. For those who have serious heart conditions, a healthy lifestyle might not be enough.
While insurance companies may not view mitral valve prolapse as negatively as more serious life-threatening heart conditions, it is certainly something that insurance companies take into consideration. Even if you have mitral valve prolapse, you can still qualify for quality, affordable life insurance with the right information and the right actions.
Armed with the right information, you can win the day with some life insurance companies that specialize in high-risk applicants. These companies provide the best chances for you to obtain good life insurance at an affordable rate.
A qualified, independent agent knows which companies fit your specific needs. He or she puts your application in with multiple companies, and provides you with the ability to choose the best policy for you and your family.
Another important step of the process involves educating yourself on what information insurance companies look for when reviewing the case of someone with mitral valve prolapse. Insurance companies also have certain factors that affect their decision.
Once you know what information influences life insurance companies, you should provide as much documentation as possible regarding your health, your heart condition and any other lifestyle choices that affect your health.
A Bit About Mitral Valve Prolapse (MVP)
It occurs when the two valve flaps of the mitral valve do not close smoothly or evenly. Instead, these flaps bulge or prolapse into the left atrium of the heart.
While this alone is not necessarily dangerous, it sometimes causes blood to leak backwards through the valve.
Medical experts call this secondary condition mitral valve regurgitation, and it can lead to heart failure and other serious problems.
Mitral valve prolapse alone is not life-threatening and may not show any symptoms. Many people go through life without knowing they have MVP until it registers on an EKG or a larger problem arises as a result of the condition.
If there is not a high level of regurgitation and there are no other problems caused by the MVP, it may not affect your life insurance qualifications seriously.
However, if the condition becomes more serious, it might require further review and could influence your approval and rating class.
What Life Insurance Companies Look For With Barlow’s Syndrome
There are several questions that insurers ask about your mitral valve prolapse when you apply for life insurance, and your condition may require further medical testing. These questions and tests determine whether or not your MVP makes you more of a risk to insure.
For example, check out the mitral valve questionnaire from one of the largest high-risk life insurers.
Does your MVP cause any symptoms?
You may be asymptomatic, or you might have symptoms like arrhythmia, migraines, dizziness or shortness of breath.
Mitral valve prolapse that does not show any other symptoms can still qualify for the best rates.
Do you have regurgitation with your click-murmur?
Obviously the less regurgitation, the better. With mild regurgitation you can still qualify for standard rates, and if the regurgitation is more severe then table ratings are the norm.
Mitral Valve Prolapse medications: What’s your treatment plan?
Anticoagulants (warfarin), beta blockers, high blood pressure medications and statins for cholesterol might be prescribed based on your diagnosis. Whatever your cardiologist has ordered though, it’s important to follow the directions to the letter.
Have you had any recent diagnostic tests? If so, what were the results?
An echocardiogram or stress test within the last 12 months is ideal. Underwriting will look at your ejection fraction and the history of your tests to make sure your heart is stable.
What is the physical condition of your heart?
Specifically speaking, how thick is your mitral valve and how big is your left atrium? Anything thicker than 5mm on the mitral leaflets indicates prolapse and this will usually trigger higher rates.
Do you have any other conditions that could affect your heart health?
Mitral Valve Prolapse Life Insurance – Approved!
Every life insurance company is different and there are a few companies who specialize in these type of “high risk” cases. This is why you need to work with an underwriting expert who knows the ins and outs of each company.
For life insurance companies that specialize in high risk policies, here are the general health classes we expect with mitral valve prolapse.
Preferred / Preferred Plus Life Insurance Rates
This is possible in cases where the MVP is mild and there are no other complications. In this case, the mitral valve prolapse is just a footnote in an attending physician statement (APS) with a recent echocardiogram to prove it.
Underwriters are looking for a high ejection fraction, no regurgitation and no other health risks to qualify for these best rates.
Standard / Standard Plus Life Insurance Rates
This is the most likely rating for a stand alone mitral valve prolapse, depending on the age of diagnosis. Applicants in this rate class can have mild regurgitation, however the mitral valve must be in good shape and tests need to show a normal left atrium.
Substandard / Table Life Insurance Rates
For MVP that causes moderate regurgitation with a lower ejection fraction, substandard rates are what you can expect. If the mitral valve prolapse is combined with other heart problems like Afib, or if you’re experiencing symptoms, it’s very likely the policy will be table rated.
The good news is that life insurance at substandard rates is still affordable and you can still protect your family.
Mitral Valve Prolapse Life Insurance – Case Study
For a $500,000 20 year term, Patrick’s other life insurance company was quoting him roughly $420 per month. From what I can gather, they were rating him at Table C or D for moderate regurgitation.
Most of the big insurance companies who buy those superbowl commercials are tough on underwriting. We knew we could do better, we could find him a better health class, and so we shopped the case.
Mild regurgitation means different things to different companies. In our case, we had solid evidence from Patrick’s cardiologist. His recent tests showed a mitral valve opening greater than 1.6 cm.
That was large enough to qualify for standard rates with an A+ rated company.
A+ rated company for Patrick T., quoted on 2-18-2017
|20 Year Term Life Insurance||$250,000||$500,000||$750,000|
For Patrick’s case, we combined two policies in a strategy called “laddering” (and you can read more about laddering term policies here). His total in coverage was $750,000.
The end result was $250,000 more in protection for Patrick’s family at a savings of $20,987 over the term of the policy.
Here’s the Deal
Not every case is going to be a home run like this, however the next home run case could be yours. What we do know is that life insurance is never less expensive tomorrow. You are as young as you will ever be today!
Based on what you have learned, run a free quote right here on the website.
Think about how bad things would be for your family tomorrow if you died today. Then call us.
Submit a free quote and let’s get started.