Frequently Asked Questions
About IVF Surrogacy
Frequently asked questions about Life Insurances & Income Protection for IVF Surrogates & Intended Parents living in Australia.
Can a surrogate take keep the policy going after the child is born?
Can a surrogate take over the payments of her insurance policy and keep the policy in force herself after the child is born?
Yes she can.
This is an added value from Unusual Risks Insured as a high grade insurance policy provided at wholesale prices is otherwise unavailable to the general public and can represent a saving of about 30-40% for the entire life of the policy.
Should Intended Parents have Crisis Recovery insurance?
Should Intended Parents have Crisis Recovery insurance?
Yes.
Crisis Recovery insurance can provide an emergency lump sum of money should the life insured suffer one of the listed 40+ key medical traumas and help fund recovery, pay our debts if need be and ensure we still have a home to live in once we recover from a medical crisis event.
What's the best way to pay our surrogates life insurance premiums?
What's the best way to pay our surrogates life insurance premiums?
We recommend paying the insurance policy premiums for your surrogate as a one-off payment (usually by Bpay or Direct Debit) to avoid the uncertainty of credit cards expiring during the insurance period, missed payments, changes in addresses etc.)
As intended parents, what's the best way to pay our own personal life insurances premiums?
As intended parents, what's the best way to pay our own personal life insurances premiums?
Everyone is different so an insurance premium payment structure in your best interests might be different for another person.
Generally speaking there are three ways to pay a life insurance premium today.
- All insurance premiums can be paid from your personal funds.
- All insurance premiums can be paid from your superannuation fund, or
- A combination of personal and super fund payments.
Can our surrogate’s life insurance premiums be paid from an intended parents own super fund?
Can our surrogate’s life insurance premiums be paid from an intended parent's own super fund?
No.
Your super fund cannot pay the premiums of another person's life insurance, only your own.
- Is there a relationship with a financial adviser included with a policy managed by unusual risks insured to help with questions, changes and future possible claims?
- How much life insurance is actually enough?
- Why use Unusual Risks Insured to get your personal and surrogate life insurances sorted?
- What is the average cost for $1,000,000 Life & Disability insurance for a surrogate?
- Can I insure my surrogate overseas with an Australian life insurance policy?
