“Newborn Twins
Insurance is a critical need in the fertility insurance marketplace,” stated
Trish Taylor, President and Founder of New Life Insurance Agency. “Parents around
the world are suffering financially today, and this insurance provides them protection
and peace of mind in the event of premature birth and other medical costs associated
with newborn twins.”
New Life Agency’s Newborn Twins Insurance is the
only plan of its type in the world, made possible by the company’s longstanding
relationship with the world’s specialist insurance market. The plan provides
coverage for twins born to parents who do not qualify for U.S. based medical
insurance as non-residents. The $50,000 premium buys $1 million worth of
coverage, with a $50,000 deductible. The deductible is fully refundable once
all deductible claims are paid for the twins medical expenses.
“There has
been a definite need for twins coverage in the marketplace as more and more
global parents choose twin births as a means to expand their families,” said
Gary Hickox, CEO of New Life Agency. “We listened to the marketplace and have
developed a specific insurance targeted to meeting the needs of those parents
and their babies worldwide.”
Top U.S.
and global surrogacy agencies are enthusiastic about the latest New Life
fertility insurance breakthrough.
“This twins insurance
plan is exactly what we’ve been asking New Life to create. We are thrilled with this new product and are sure that our international clients will be equally pleased with the protection and safety this policy provides.”
Stuart Bell, CEO
Growing Generations
Karen
Synesiou, Co-Owner, Co-Director
Center for Surrogate
ParentingReproductive Possibilities
In addition, New Life Agency announced today additions to their global single-baby insurance, as well.
- The International Newborn Care Plan® – Platinum: $500,000 coverage
for a premium of $50,000
- The International Newborn Care Plan® – Gold: $250,000 coverage
for a premium of $25,000
- The International Newborn Care Plan® – Silver: $100,000 coverage for a premium of $10,000 (New Life’s original coverage plan now christened as the Silver Coverage
All of the
International Newborn Care Plan polices for single babies carry a $15,000
deductible. Just as with the twins insurance and the current International
Newborn Care policy, the deductible is fully refundable once all deductible
claims are paid for the babies medical expenses.
Prospective
parents can buy New Life’s singleton or twins coverage, and if there is a
change in the status of the pregnancy, can transfer to the appropriate plan.
“New Life
is the only insurance agency specializing in Assisted Reproduction Insurance®,”
said Hickox. “These plans join our broad array of cutting-edge insurance
programs, available today by speaking with New Life policy coordinators. These
new products follow our recent industry-shaking price cuts. Though we had not
increased premiums and deductible in four years, we announced savings of more
than 20% on our most popular plans – while medical costs increased a total of
65%. This strongly demonstrates how committed we are to continue leading the
way in providing truly revolutionary solutions to support people in expanding
their families.”
