Displaying items by tag: life insurances for intended parents

When to arrange Intended Parent and Surrogate Life Insurances

The complexity that can be IVF and Surrogacy Agreements.

When working through any complex process, getting the timing right is often the key to success.

And that's never more true than for folks using IVF treatments as part of Growing Families.

Published in Blog

When should I start the insurance application for my Surrogates insurance policy?

Everyone's personal situation is different so getting a life insurance policy in place can sometimes be unexpectedly complicated by delays collecting historical health information. 

As a result we always recommend applying for cover at least 6 months before the medical procedures for the pregnancy have begun, to allow for assessments and unexpected delays in collecting past medical histories etc.

Published in About IVF Surrogacy

Is having a Genetic Test a problem when applying for Life Insurances?

No.

Some people may have been put off from having a genetic test and missing a diagnosis and possible treatment for serious illnesses, such as cancer, because of concerns the results of the test may exclude them from obtaining insurance cover.
Life insurers are currently banned from requiring applicants for insurance to disclose the results of any genetic tests they may have and this ban will last until June 30th 2024 when it will be reviewed.

Published in About IVF Surrogacy

What is the insurance Duty of Disclosure?

Under the duty of disclosure, a person applying for insurance must disclose relevant information to the insurer before a contract is entered into.

A person applying for insurance must:

fully and completely answer all the questions on the proposal form
answer questions asking for detailed information precisely, and
include additional information if a ‘tick the box’ question does not offer an answer that applies to the person’s situation

Published in About IVF Surrogacy

Do intended parents need to have a face-to-face meeting with you?

No. Intended parents do not need to meet for a face to face meeting with us to get their life insurances sorted. Our modern business systems help us look after all our clients remotely over email, phone or video chat - whatever is best for them.

Published in About IVF Surrogacy

Is your surrogacy life insurance service confidential?

Yes.
Our highly confidential service is the reason why most people with complex health conditions and high privacy needs only use the experts behind Unusual Risks Insured.

 
Published in About IVF Surrogacy

Can I insure a surrogate who is living in Australia but who may not yet have their permanent residency status?

Yes, but cover may be limited to within Australia only until the permanent residency is achieved and the policy terms and conditions are updated to reflect this.

Published in About IVF Surrogacy

Can I insure my surrogate overseas with an Australian life insurance policy?

No.
You have to be an Australian resident to become a life insured.

Published in About IVF Surrogacy

What is the average cost for $1,000,000 Life & Disability insurance for a surrogate? (female non-smoker aged 25, 30 and 35.)

  • A life & disability insurance policy for a non-smoking female aged 25 might cost about $900.
  • A life & disability insurance for a non-smoking female aged 30 might cost about $880.
  • A life & disability insurance policy for a non-smoking female aged 35 might cost about $950
Published in About IVF Surrogacy

Why use Unusual Risks Insured to get your personal and Surrogate life insurances sorted?

We provide a financial advice service and match the most appropriate life insurance solution to your needs and budget. When we’re providing insurance services to the intended parents we can offer wholesale bundled pricing on your surrogate policy.

Published in About IVF Surrogacy
Page 1 of 3

Fast Site Search

Pic of Advisor Drew Browne (he/him)

Drew Browne (he/him)

Senior Advisor to Unusualrisks
& Sapience Financial

 

Download Our Latest Free eGuide

Download our latest free eGuide for Queer Families, Gay Dads, Lesbian Mums, Parenst & Co-parents and Rainbow Families

Download Our Free Helpful eGuide - 7 Financial Decisions for Same-sex Newlyweds

Download the female cover version of 7 Financial Decisions Same-sex Newlyweds need to make

 

Download the male cover version of 7 Financial Decisions Same-sex Newlyweds need to make

Take Our Anonymous Pre‑assessment

Find out in 60 seconds if your personal situation is one we can work with.

No contact info required

Start!

Use your mobile device to take a pre-assessment

Read Our Case Studies

Click below to browse different case studies and see how we've helped people feel safer and more secure in their life and work.Read through over a dozen individual Case Studies



Take Our Anonymous Online Pre‑assessment

Find out in 60 seconds if your personal situation is one we can work with.

Take Our Pre-assessment

Take Our Anonymous Pre-assessment

Whatever your situation, we can help you

  • Single

    Age is no indicator of relationship status or financial responsibility.

    • You can be young and starting out or older and established; and both enjoying living the single life.
    • You might be single, single again, sometimes single, single with kids, single with pets or perhaps something a little more complicated.

    When it comes to being single in the LGBTQI+ community, there's really no such thing as average.

    And it's your single life, so live it your way.

    Read more...
  • Partnered

    Sharing life and love with someone can be twice as exciting.

    • You might be partnered, partnered with pets, officially de facto, officially married (yay!), splitting expenses but sharing life, or joining incomes and combining financial lives too.
    • You might be together but living apart, working towards a future with kids, thinking about fostering, adopting, IVF or surrogacy; or perhaps something a little more complicated.

    When it comes to being partnered in the LGBTQI+ community, there's really no such thing as average.

    There's no right or wrong way to live a purposeful life, just what works for you both.

    Read more...
  • Parenting

    For today's LGBTQI+ families, there are no accidental families.

    • You might be parenting and single with kids, parenting solo with kids, parenting and partnered with kids, (yours, theirs and ours), dual parents with kids, co-parents, foster parents, adoptive parents, or even adoptive parents of kids with additional needs (just beautiful!).
    • You might be a lesbian co-parenting couple or super involved 'Guncles' or Aunties. You might not even identify with the broader LGBTQI+ community but find yourself a parent in a same-sex relationship, or perhaps something a little more complicated.

    When it comes to parenting in the LGBTQI+ community, there's really no such thing as average.

    However you're doing it, Love makes a family.

    Read more...