New York S00698 creates a credit insurance policy for intended parents facing financial loss from failed in-vitro fertilization or intrauterine.

New York S00698 amends the insurance law to provide a credit insurance policy for intended parents. This policy indemnifies intended parents for expenses incurred when in-vitro fertilization or intrauterine insemination treatments fail to result in the birth of a child. Expenses covered may include living expenses of the surrogate, travel expenses, and medical costs not covered by comprehensive health insurance. The policy does not cover solely medical and hospital expenses, co-payments, deductibles, or coinsurance.

New York S00698 creates a credit insurance policy for intended parents facing financial loss from failed in-vitro fertilization or intrauterine.

New York S00698 amends the insurance law to provide a credit insurance policy for intended parents. This policy indemnifies intended parents for expenses incurred when in-vitro fertilization or intrauterine insemination treatments fail to result in the birth of a child. Expenses covered may include living expenses of the surrogate, travel expenses, and medical costs not covered by comprehensive health insurance. The policy does not cover solely medical and hospital expenses, co-payments, deductibles, or coinsurance.