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New Life NewsTM


lloyds
New Life Agency, Inc.
Lloyd's Coverholder

PO Box 5948
Fresno, CA 93755
T: 877.952.LIFE (5433)
F: 877.952.5589
LIC. 0C71042
LIC. 0F13013

Oocyte Donor Program and Medical Expense Coverage

New Life Agency is the only insurance agency serving the reproductive industry with insurance exclusively.

How can we as industry professional's work with New Life Agency?

There are two options available to industry professionals to obtain Oocyte Donor Program, Medical Expense Liability Insurance Coverage through New Life Agency:

  1. Option One - Refer Recipients
  2. Option Two - Participant Policy

The Oocyte Donor and Recipient insurance for Surrogacy Agencies, Egg Donor Agencies, IVF Centers and Attorney Firms, collectively industry professionals, enables industry professionals to expand their pool of scheduled donors by offering a specific medical expense insurance that covers the donor procedure, prudently managing medical expense liability.

The Insurance Policy is underwritten by Lloyd's of London. "A" rated superior security by A.M. Best, financial size XV (excess of two billion dollars) and an S & P rating of excellence in claims servicing. Coverage shall begin when the donor/recipient receives their first issued treatment of any medications or procedures to include birth control.

The coverage provides for medical expenses of the Oocyte Donor and Recipient screening, synchronization and related procedures provided that such Medical Expenses are incurred within ninety (90) days of the completion of the Oocyte Donor screening, synchronization and related procedures and are incurred within four (4) months of the first date of screening, synchronization and related procedures by the Insured's Oocyte Donor. Reimbursement of agreed related medical expenses, in excess of any other collectable medical expense insurance, as a result of Injury or Sickness.

New Life Agency offers two coverage's:

Premium: US$395.00 Oocyte Donor and Recipient coverage

  • Medical Expense Coverage:
  • Accidental Paralysis Coverage:
  • Accidental Death Benefit:
$250,000 per Oocyte Donor and per Recipient
$100,000 per Oocyte Donor and per Recipient
$100,000 per Oocyte Donor and per Recipient

Premium: US$250.00 for Oocyte Donor only coverage subject to a deductible: $2,500 per occurrence

  • Medical Expense Benefit:
  • Accidental Paralysis Coverage:
  • Accidental Death Benefit:
  • Combined Single Limit:
$100,000 per Oocyte Donor
$100,000 per Oocyte Donor
$100,000 per Oocyte Donor
$100,000 per Oocyte Donor

Please note:

  1. The policy must be purchased per cycle.
  2. Medications prescribed or administered to either participants, policy may not be refunded.

How can we as industry professional's work with New Life Agency?

There are two options available to industry professionals to obtain Oocyte Donor Program, Medical Expense Liability Insurance Coverage through New Life Agency:

  1. Option One - Refer Recipients
  2. Option Two - Participant Policy

Option One - Refer Recipients

Industry professionals can offer the Oocyte Donor and Recipient Medical Expense Liability Insurance Coverage directly to recipients by directing them to the New Life Agency Web site address:

www.newlifeagency.com

Or have a link to the New Life Agency Web site created on your Web site for your recipients to purchase their policy.

*This option is only available to the $395.00 offering

Industry Professionals Benefits:
Clients pay for coverage and print out an Egg Donor Insurance, Notice of Excess Coverage Form online, eliminating the burden of complying with Insurer administration or reporting requirements. Industry professionals are notified each time one of your client recipients purchases a policy on behalf of a Donor.

How can Industry Professionals offer the Refer Recipient Oocyte Donor Program?

1. Click here to complete an Industry Professional Contact Information Form. You will be contacted immediately to review your choice.

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Option Two - Participant Policy

Industry professionals can be a participant in managing the Oocyte Donor Medical Expense Coverage for each egg donor and recipient. Simply fill out a monthly report form and pay premiums each month for your scheduled recipients.

Industry Professionals Benefits:
The Industry professional controls the price to the recipient and has easy access to online monthly report forms and online monthly payment of premiums. Industry professionals do not have to fill out an application and do not hold the policy underwritten by the Insurer.

How can Industry Professionals offer the Participant Policy Oocyte Donor Program?

1. Click here to complete an Industry Professional Contact Information Form. You will be contacted immediately to review your choice.

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* Medical Expenses incurred in Non Network Facility / Practitioner: Limited to amount that would be paid to a PPO Network or In Network provider (as defined herein) within the geographic area where services were rendered.

*Any fraud, misstatement or concealment, in the statement made by or on behalf of the Insured Person prior to the commencement of the donorship procedures or any fraudulent claim made thereunder shall render this Insurance null and void and all Claims thereunder shall be forfeited.


*HOLD HARMLESS*
The insurance broker and any other persons or agencies are held harmless from any loss or damages arising from health insurance, life insurance, indemnity or supplemental benefits on the surrogate, Intended parent or egg donor being denied or accepted for coverage. New Life Agency, Insurance Agency does not make any representations regarding the insurance policies referenced herein or otherwise and is not in any way responsible for the coverage of such insurance or loss or damages from the denial of any claims under such policies. Health insurance, life insurance, indemnity or supplemental benefits and exclusions can and may change without notice.