husband and very pregnant wife holding hands

Help for Intended Parents and IVF Surrogates – Life Insurances timeline

Are you or a friend thinking about Growing Families through IVF? Are you considering using Altruistic Surrogacy?

Planning for an assisted pregnancy can be exciting – and overwhelming. This is a wonderful time of stress, joy, hope, more stress, and more joy. Some might say it's a compressed version of modern family life anyway.

But for those using the services of an altruistic surrogate to help grow their family, there is an additional layer of complexity and responsibility to be protected.

  • Pregnancy is not without risks, so it's important to protect everyone involved in your IVF journey and any Surrogacy Agreement, against the risk of one of the adults involved unexpectedly dying, becoming sick or injured and unable to continue to work, or even becoming disabled long-term.

Timing is everything

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

Knowing the right time to establish your personal insurances will help you reduce the stress and enhance the excitement of growing your family.

Setting up Life insurances and Income Protection for Intended Parents and their Surrogate

The question is not if, but when.

  • For Intended Parents, we recommend they establish their own life insurances during the Pre-Pregnancy Research stage.
  • For Surrogates, we recommend life insurance be established during the Finding Your Surrogate stage - after Embryo Creation but well before the Pre-Pregnancy Advice stage of legal, psychological and surrogacy agreement drafting begins.

Pro Tip: One of the key reasons we recommend starting the surrogate's life insurance application at this stage is to avoid getting stuck in chasing new medical test results. Waiting for multiple scheduled test results during pregnancy can significantly add to the time required to complete an underwriting assessment for a surrogate. This can be particularly difficult for a person with a family history of gestational diabetes, so start the process before the IVF medical processes begin.

And when you're ready to get your Intended Parents or Surrogate Life Insurances organised, the team at Sapience Financial will be there to help make that part of your journey happen.

thumbnail when to arrange intended parent and surrogacy insurance sapience financial


Finally, understand we have a process to follow too

We have a legally mandated information collection process to work through and we have a separate progress tracker, so you can know wherever you are in our advice process.

  • The earlier you contact us to start our process, the greater the chance we can get your insurances in place quickly and manage any unexpected delays.


author pic drew browneDrew Browne is a specialty Financial Risk Advisor working with Small Business Owners & their Families, Dual Income Professional Couples, and diverse families. He's an award-winning writer, speaker, financial adviser and business strategy mentor. His business Sapience Financial Group is committed to using business solutions for good in the community. In 2015 he was certified as a B Corp., and in 2017 was recognised in the inaugural Australian National Businesses of Tomorrow Awards. Today he advises Small Business Owners and their families, on how to protect themselves, from their businesses.  He writes for successful Small Business Owners and Industry publications. You can read his Modern Small Business Leadership Blog here. You can connect with him on LinkedIn Any information provided is general advice only and we have not considered your personal circumstances. Before making any decision on the basis of this advice you should consider if the advice is appropriate for you based on your particular circumstance.

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