Life Insurance with Mitral Valve Disorders

by Jeff Rose on June 4, 2013 · 0 comments

Life Insurance with Mitral Valve DisordersWhen you apply for life insurance with a mitral valve disorder, it’s something that insurance companies will need to closely consider as these disorders can lead to serious heart problems.

Your rating will come down to what type of disorder you have, the severity of the condition, and your overall health.

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To give you an idea what to expect when you apply for coverage, we’ve put together the complete guide to life insurance underwriting for mitral valve disorders.

Life Insurance Underwriting with Mitral Valve Disorders

When you apply for life insurance with a mitral valve disorder, your insurance agent will need to ask you several questions about your condition. You’ll need to answer:

  • What were you diagnosed with a mitral valve disorder?
  • What type of disorder do you have (Mitral Stenosis, Mitral Regurgitation or Mitral Valve Prolapse)?
  • What were the results of your latest stenosis report?
  • Did you need surgery for your mitral valve disorder?
  • Do you have any other high-risk factors for heart disease like hypertension, diabetes, coronary artery disease, or high cholesterol?
  • Are you taking any medications for your mitral valve disorder?

Common medications for a mitral valve disorder include: Aspirin, Anticoagulants, Statins, and High Blood Pressure Medication. All of these medications for a mitral valve disorder could be insurable depending on your symptoms.

Be sure to answer all these questions honestly and in complete detail. You want the underwriter to see that you are doing everything possible to manage your disorder. If your application seems incomplete, the underwriter may take that as a sign of more serious problems and deny your application or give you a bad rating.

Life Insurance Quotes with a Mitral Valve Disorder

Your life insurance rating will primarily depend on what type of mitral valve disorder you have. If you just have a mitral valve prolapse that isn’t causing regurgitation or other complications, it may not affect your rating at all. Life insurance companies worry more about mitral stenosis and regurgitation.

For all these conditions, the company will look at the severity of your disorder. They will also consider your risk factors for heart problems because mitral disorders can make heart disease more likely. While each company has different underwriting standards, here are some general guidelines to help you estimate your rating.

  • Preferred Plus: Possible for applicants that only have a mitral valve prolapse that isn’t causing regurgitation or other complications. Applicant should be in perfect health otherwise to qualify for the best rating.
  • Preferred: Also possible for applicants that only have a mitral valve prolapse that isn’t causing regurgitation. The Preferred rating is a bit easier to get so the applicant can have small issues like being a bit overweight or having slightly high cholesterol.
  • Standard: Most likely rating for an applicant that only has a mitral valve prolapse. Best possible rating for applicants that have mild mitral regurgitation (very little blood back flow) or minimal mitral stenosis (valve opening > 1.5 cm2). Applicant should otherwise be in decent health.
  • Table Rating (substandard): Most likely rating for applicants with mitral regurgitation or stenosis. Applicants with a mitral valve prolapse caused by an underlying heart problem could also receive a substandard rating. The applicant’s rating will depend on the severity of the mitral valve disorder, overall health, and family history of heart disease.
  • Declines: Applicants that have severe mitral regurgitation (heavy blood back flow) or severe mitral stenosis (valve opening less than 1.0 cm2) are likely to be declined. Also applicants that have a mitral valve disorder plus underlying heart problems are also likely to be declined.

Mitral Valve Disorder Insurance Case Studies

When you apply for life insurance, you can increase your chances of getting a good rating by properly handling your application. Here are a couple real life examples that show the importance of planning.

Case Study: Male, 49 y/o, non-smoker, diagnosed with a mitral valve prolapse at 46, no underlying cause or complications, otherwise in great health

This client was in pretty well perfect health besides his mitral valve prolapse. Since condition wasn’t causing any problems like regurgitation, it shouldn’t have been an issue for life insurance. However, when this applicant tried applying for a policy, he received a substandard rating. After reviewing his case, we realized he applied to a company that didn’t regularly deal with mitral valve disorders and doesn’t rate them well. We put this client into touch with a few of the top 10 life insurance companies. We also recommended he take an EKG before applying to show that his heart was in good health. With this extra research, the client received a preferred rating and could buy his policy at a discount.

Case Study #2: Female, 62 y/o, diagnosed with a moderate mitral stenosis at 58, former smoker, recently lost weight and reduced blood pressure, taking high blood pressure medication.

This client was not living a healthy lifestyle. She smoked, had high blood pressure, and was overweight. When she was diagnosed with moderate mitral stenosis at 58, she realized she needed to start taking better care of herself. She quit smoking, exercised more, and started taking the right medication regularly. However, when she applied for life insurance at 62, she couldn’t qualify for a policy. We felt that insurance companies were putting too much of an emphasis on her past history. We recommended she ask her doctor for a note vouching for her better lifestyle. With this extra information, the applicant was able to qualify for a rated policy.

Qualifying for life insurance with a mitral valve disorder isn’t always easy, but with the right planning it’s definitely possible. If you are looking for coverage, we can help.

We regularly work with applicants that have mitral valve disorders. We can help you with your application and match you up with the best companies for your situation. For more information and free rate quotes, call or fill out the Compare quotes form on this page today.

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