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How it works
It’s easy!
- You fill out our quick and simple application online on this Website (click on "Buy This Policy Online" to the left).
- We give you a nearly-instant quote for your premium.
- You make a secure online payment.
- We issue your policy online, and you are covered – you instantly have a little less to worry about in your adoption.
The terms of the policy are also simple and easy to understand.
The summary below will help you understand how the actual policy works, but please be sure you know
that it is only a summary, and it does not intend to replace or supersede the actual policy.
For a complete description of coverages, conditions, limitations, warranties, exclusions, etc.,
please read the actual policy.
Coverage eligibility
Coverage summary
Limits and deductibles
Waiting and coverage periods
Extending the coverage period
Insurance company
Attorney and adoption agency requirements
Coverage Eligibility
The adoption is eligible for coverage if:
- You have hired an approved adoption attorney
or an approved adoption agency, and
- The child is under 2 years old, and
- The adoption takes place in the U.S. (International adoptions cannot be covered by the policy) and
- You live in CA, FL, HI, LA, NJ, NY, PA or TX. The adoption itself can take place in any state.
Coverage Summary
The policy will reimburse you for your out of pocket expenses if:
- The birth parent changes her or his mind;
- The birth mother suffers a stillbirth or miscarriage;
- The adoption is "disrupted" - anytime that an adoption terminates before it has been legally finalized in court.
In the event that the adoption is "disrupted" for reasons covered by the policy terms, we will reimburse you for the following expenses, subject to the policy’s deductible and limit of liability:
- The birth mother’s maternity related expenses that you have paid (medical, living, travel, etc.);
- The birth mother’s legal expenses up to $1,000;
- The cost of a social service agency evaluation of the adopting parents' home;
- Travel expenses a birth mother incurs to arrange for the adoption;
- Counseling fees for counseling rendered directly to a birth mother.
- Advertising expense associated with your search for a birth mother, up to $500.
Limits and Deductibles
- $25,000 policy limit
- $2,500 deductible
Waiting and Coverage Periods
- You must purchase the policy within 30 days of hiring an approved adoption attorney or approved adoption agency.
- Coverage begins 30 days after the policy inception date (30-day waiting period).
- You can report a loss up to 60 days after the occurrence of one of the events listed above.
- The policy can be canceled for a full refund within 30 days after the policy inception date.
Extending the Coverage Period
You can extend the coverage period for an additional 12 months for no additional charge provided:
- Request the extension in writing, and
- The adoption has not yet been finalized.
Insurance Company
The AdoptionAssurance insurance product is backed and underwritten by a carrier of the Markel North America Insurance Group of companies. Markel North America is a property and casualty carrier based in Richmond, Virginia, and provides commercial specialty insurance programs for a variety of niche markets.
An insurance company’s financial stability and strength are important factors to consider before purchasing insurance. Because an insurance premium paid today purchases coverage for claims that might occur many years in the future, the financial stability of the insurer is of critical concern. Various independent rating agencies provide information and assign ratings to assist buyers in their search for financially sound insurers
Here is how Markel North America Insurance Group rates:
- A.M. Best Rating: A (Excellent)
- A.M. Best Financial Size Category "XII" = $1 billion to $1.250 billion of reported capital, surplus and conditional reserve funds.
- Duff & Phelps Rating: A (High)
Attorney & Adoption Agency Requirements
If you are using an attorney to facilitate your adoption:
Your adoption must be handled by an approved attorney who is a member in good standing with one of the following organizations:
- The American Academy of Adoption Attorneys, and/or
- The Academy of California Adoption Lawyers;
- If not a member of these two Academies, your attorney may be approved by Tangram Program Managers (see our approved attorney list)
If you are using an adoption agency to facilitate your adoption:
Your adoption must be handled by an adoption agency approved by Tangram Program Managers
(see our approved adoption agency list).
The above is intended to facilitate your understanding of our adoption insurance program. It is NOT intended to replace or supersede the actual insurance policy. This is a summary only. For a complete description of coverages, conditions, limitations, warranties, exclusions, etc. please read the actual policy.
AdoptionAssurance does not endorse, support or prefer any member or approved attorney or law firm over another.
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