This article was last updated on July 5
Expectant mothers will now be able to insure their unborn babies against pregnancy complications, birth defects and even death. This type of insurance, possibly the first of its kind, is being offered by ING Australia. It is aimed at the growing number of older mothers (who have a greater risk of pregnancy complications and birth defects) and if successful it will only be a matter of time before it comes to America and Europe. The following are the reported coverages:
Mothers whose children have disabilities such as blindness and deafness or other congenital malformations, including spina bifida, Down syndrome…..will receive $50,000 from an insurance policy launched this week. Women suffering dangerous complications such as ectopic pregnancy or eclampsia will also get a $50,000 lump sum, while stillbirths qualify for a $10,000 payout.