Rancho Mirage, CA, June 8, 2012 (GLOBE NEWSWIRE) -- New Life Agency, Inc. has made the latest infertility technology even more accessible to couples wanting to build a family. The company has dramatically reduced prices on a number of its revolutionary discount and insurance products, it was announced today by Gary Hickox, CEO of New Life Agency.
New Life Agency provides Assisted Reproduction Insurance® for maternity, in vitro fertilization complications, intended parents, surrogates and egg donors. New Life offers the most comprehensive fertility and maternity medical insurance programs in the world and services all facets of the insurance process - from the application process and underwriting to approvals and issuance of certificate coverage.
Since opening its doors in 1998, New Life Agency has helped parents welcome over 1,700 babies into their families, processing over 100,000 claims and paying over $20 million in benefits. Even though the company has always offered unprecedented coverage at a cost designed to bring infertility care within the reach of the hopeful couples everywhere, the decision was made to reduce program prices even further.
"In the 14 years we've been in business, our market place has evolved substantially from surrogacy to serving the broader infertility market," said Hickox. "And as the market has evolved, there are people of varying economic means faced with the infertility challenge. We took this pricing action to make our product more affordable across the board for families challenged either by infertility or those in need of a surrogate."
Program Price reductions include:
- $195 Egg Donor Only Cycle Insurance(SM) (was $245)
- $345 Egg Donor Recipient Cycle Insurance(SM) (was $395)
- $395 Surrogate Accidental Death Insurance® (was $595)
- $1,995 Surrogate Maternity Care Card® (was $3,495 - $4,495)
- $1,995 International Newborn Care Card® Singleton (was $2,995)
- $2,995 International Newborn Care Card® Twins (was $3,995)
- $3,995 International Newborn Care Card® Triplets (was $4,995)
- $4,995 International Newborn Care Card® Quadruplets (was $5,995)
- $5,000 Surrogate Maternity Care® Silver (was $6,050)
- $7,000 Surrogate Maternity Care® Gold (was $8,050)
- $10,900 Surrogate Maternity Care® Platinum (was $11,950)
100% REFUND is offered on all Surrogate Maternity Care® plans above if no confirmation of pregnancy occurs.
New Life Agency has even reduced prices on their Back Up Plans. With a Back Up Plan in place, a portion of the pregnancy costs would be paid by New Life if the insured's health insurance denies coverage for surrogacy. The premium is 100% refundable, minus a required broker fee, if the Backup Plan is not activated.
BACK UP PLAN Price Reductions:
- $5,000 Back Up Plan- If plan is not activated 100% of premium is refunded less the $1,500 Broker Fee (was $6,050)
- $7,000 Back Up Plan- If plan is not activated 100% of premium is refunded less the $1,500 Broker Fee (was $8,050)
- $10,900 Back Up Plan- If plan is not activated 100% of premium refunded less $1,500 Broker Fee (was $11,950)
"We want peace of mind protection to be affordable," said Trish Taylor, President and Founder of New Life Agency. "By reducing our prices, this will allow us to help create more families than ever before."
New Life Agency offers more Assisted Reproduction Insurance® products and programs directly related to IVF Insurance for infertile patients. To find out more information got to www.NewLifeAgency.com
About New Life Agency, Inc.
New Life Agency provides Assisted Reproduction Insurance® for maternity, in vitro fertilization complications, intended parents, surrogates, egg donors and professional liability exclusively to the assisted reproduction medical industry since 1998. In 14 years, New Life has helped parents welcome over 1,700 babies into their families and have processed over 100,000 claims and paid over $20,000,000 in benefits. New Life Agency is a fully licensed Surplus Lines Company in most states as a Lloyd's of London Coverholder and underwriter offering insurance products secured and "A" rated superior security by A.M. Best, financial size XV (excess of two billion dollars). New Life Agency is a licensed full service health claims Administrator/TPA providing benefit administration services for employer groups and customer care and claims handling services exclusively to New Life Agency, Inc. New Life Agency Claims Division is dedicated to providing World Class Customer Care in claims management and administration. New Life is located at 41-750 Rancho Las Palmas Drive, Suite F-1 in Rancho Mirage, CA. For more information: 877-952-(LIFE)5433 or www.NewLifeAgency.com