Adoption & Insurance

print
bookmark
comment
  • Currently 0/5 Stars.
You may use the stars on the left to rate and leave feedback for the current article. No registration is required. Waiting for 5 votes 0.0 of 5 stars (0 votes) — Thanks for your vote

Please fill out the following optional information before submitting your rating:




There are two basic ways insurance can be of benefit in the adoption process: to prevent excessive financial loss, and as a source of funds to help cover expenses.

Adoption Disruption Insurance

Often called "adoption insurance," Adoption Disruption Insurance (ADI) helps families within the United States who are adopting domestically to recover qualifying expenses if for some reason their adoption is disrupted or not finalized. Typically this is only available to families who are adopting a child under 2 years of age. There are two options available at the present time:

There is an ADI policy underwritten by Philadelphia Insurance Company and endorsed by the insurance broker, Rose and Kiernan and promoted by the National Adoption Foundation.

A second ADI option is through Adoption Assurance. It is underwritten by Markel North America Insurance Group, and available to families living in the following states: CA, FL, HI, LA, NJ, NY, PA or TX. The adoption can take place in any state.

Carefully read through all the details of each policy and be sure that you fully understand what is covered under the policy and what is not, and research the companies.

Borrowing Against Your Insurance Policy

Some types of life insurance policies allows the policy owner to borrow from the accumulated cash value in the policy, and this can be used as a source of funds to help pay for adoption-related fees. Some insurance companies continue to pay interest on the full cash value, but the interest you are required to pay on the amount you borrow may be more. Keep in mind that hand-in-hand with borrowing is repayment. If the policy owner dies before full repayment is made, the amount that has not been repaid will be deducted from the insurance benefits paid. Talk to your insurance agent and be sure to ask what, if any, penalties are involved.


Visitor Comments (3)
Adding your comments contributes to the adoption community. Please keep all comments on topic and civil. Visitors are invited to comment and vote for or flag comments based on appropriateness and helpfulness. All comments must adhere to our commenting rules and are subject to moderation.
Adam - 12 months ago
Hello Mike and Keith, Were either of you able to find ADI? I'm looking for the exact same thing but from a different angle. I am trying to offer something like this to my adopting families in the event of a disruption. If you know of any such program or insurance, would you please email me at xxxx. Thanks so much!!! #1
Mike - 1 year ago
0 0 0
My wife and I are adoptive parents and Insurance Brokers. We specialize in ADI and Life Insurance for adoptions #2
Keith - 1 year ago
0 0 0
The ADI options listed above are not accurate as of 2/29/16. Philadelphia Insurance only does commercial (for agencies I assume) and Markel didn't know what I was talking about. #3

To see local Adopting resources, please select a location (U.S. only):


Need a Home Study?
Adoption Photolisting
Zaviar (TX / 16 / M)
Zaviar is a very bright youth who strives to learn more every day. He desires to make computer programs and enjoys playing on the computer and playing video games. Zaviar is very... [more]
Parent Profiles
We are a happily married, well-educated couple that are looking to give a child all the advantages of a loving home and family. We are compassionate, caring and easy to talk... [more]
Directory of Adoption Professionals
Find a professional
for all of your adoption needs including:

Note: Our authors are dedicated to honest, engaged, informed, intelligent, and open conversation about adoption. The opinions expressed here may not reflect the views of Adoption.com.

Settings Help Feedback
Template Settings
Width: 1024     1280
Choose a Location:
Choose a Theme: