Last Updated: March 2021
Have you been diagnosed with mitral valve prolapse? We can help you get the lowest life insurance rates available even though mitral valve prolapse is considered high-risk life insurance.
Mitral valve prolapse is actually a very common medical condition and under the right conditions, can qualify for the best life insurance health classification: preferred plus.
However, you need to make sure you apply with a life insurance company that looks at your mitral valve prolapse the most favorably. That’s where we come in.
At Rootfin, we have helped dozens of our clients find the best life insurance rates with mitral valve prolapse because we understand the concerns underwriters have and know which companies are giving the best offers.
- Underwriting: What Life Insurance Companies Will Ask About Your Mitral Valve Prolapse
- Case Studies of Life Insurance with Mitral Valve Prolapse
- Consider Guaranteed Issue Life Insurance with Mitral Valve Prolapse
- How to Apply for Life Insurance with Mitral Valve Prolapse
Life Insurance is Boring. Let’s Get To The Root Of It! Here are the key takeaways…
Obtaining life insurance with mitral valve prolapse is possible and life insurance companies will even offer preferred rates. The extent of mitral regurgitation, the thickness of the mitral valve, and the size of the left atrium are 3 of the most significant factors when applying.
Underwriting: What Life Insurance Companies Will Ask About Your Mitral Valve Prolapse
The 3 most important factors life insurance underwriters are looking at are:
- The presence and/or extent of mitral regurgitation
- The thickness of the mitral valve
- Size of the left atrium
This information is all found in your EKGs.
These are factors we’ll need to know when finding the cheapest life insurance with a heart condition such as mitral valve prolapse.
If you don’t know these, that’s fine. Many of our clients don’t know the specifics and just know that it’s a “non-issue”, as in, your doctor told you everything is under control.
In this case, we’ll apply for Preferred life insurance rates (assuming no other health issues) with the carriers where we’re getting the best offers.
The details will come out in underwriting and we can always switch gears if we have to and apply with a different life insurance company.
Case Studies of Life Insurance with Mitral Valve Prolapse
Let’s look at 3 different mitral valve prolapse life insurance cases to give you an idea of what kind of life insurance rates to expect.
Case #1: Getting the Best Rates
The EKG showed normal-appearing mitral valve prolapse with no evidence of mitral regurgitation and normal left atrium. No other underlying health issues. This case qualified for the best rate class available: “Preferred Plus”
Case #2: Getting Standard Plus Rates
This EKG showed mildly thickened mitral valve prolapse and mild regurgitation with a normal left atrium. Since the valve thickening was mild and the left atrium was normal and there were no other underlying health issues, this case received a “Standard Plus” offer.
Case #3: Getting Substandard Rates
The EKG showed a redundant mitral valve, moderate mitral regurgitation, and a dilated left atrium. Since the left atrium is enlarged, this would be a “Substandard” life insurance offer. The actual rating would depend on your age and the amount of left atrial enlargement.
If you have moderate to severe mitral valve prolapse, you’ll want to show a demonstrated track record of stability over a number of years (preferably 5+ years) with well-documented EKG follow-ups.
Consider Guaranteed Issue Life Insurance with Mitral Valve Prolapse
While in most circumstances, it is possible to be approved for life insurance with mitral valve prolapse, you still have situations that can make it much more difficult to obtain traditional life insurance.
Typically, this will occur when you have other health conditions in addition to the mitral valve prolapse.
If this occurs, you do not necessarily want to give up on coverage altogether for you and your family. Some coverage is always better than no coverage at all and guaranteed acceptance life insurance is always an option to consider.
A-rated companies such as AIG and Gerber Life offer coverage that requires no health questions and no medical exam to be completed prior to approval.
Be sure to compare all options including guaranteed acceptance life insurance with your agent.
How to Apply for Life Insurance with Mitral Valve Prolapse
There are several life insurance companies that are giving better offers to those with mitral valve prolapse than the rest of the life insurance industry. The bottom line is you need to apply with one of these companies.
Working with an independent life insurance agent is the best way to secure the lowest rates possible. Our access to the top-rated life insurance companies on the market and experience in underwriting mitral valve prolapse gives us a competitive advantage over other agencies.
We consistently replace new policies with less expensive options just because we used the right life insurance company.
If you’re interested in receiving quotes based on your unique risk, all we need to do is complete a health profile over the phone. There is never any obligation or pressure from our agents.
We’ll simply give you the information you need and answer any questions along the way.
Also, be sure to check out our other guides below to learn more about how different types of heart conditions can affect life insurance approval and rates:
- Life Insurance After a Heart Attack
- Life Insurance with a Pacemaker
- Life Insurance with Stent Surgery History
- Life Insurance for People with a Heart Condition
