Adoption Disruption Insurance
How American Adoptions' Risk-Sharing Program Protects Families
Adoption is a serious decision. Hopeful parents thinking about this route to grow their family have a lot to consider. Not only can this process be challenging, but it is also sure to be life-changing.
We understand how much of a commitment adoption is for adoptive families, both emotionally and financially. The adoption process can be expensive. Many of the families who have worked with American Adoptions have saved up for years to grow their families through adoption. And as with anything where this much investment is necessary, many of these families have asked about adoption insurance.
What happens in the case of an adoption disruption or some other event? Is there adoption disruption insurance to protect us? For years, adoption agencies largely offered one of two answers:
There is no insurance
The money will be rolled over into a different adoption opportunity with the same agency
But these answers aren’t really pro-family. They don’t give total peace of mind to hopeful parents in the case of an adoption disruption. That’s why American Adoptions launched a better version of adoption disruption insurance that gives families control of their finances, even in the unfortunate case of a disruption.
While this guide covers the topic of adoption disruption insurance for families, if you're a prospective birth mother searching for information on adoption costs, reach out to one of our professionals today. You can get important information on the adoption process and how you can receive financial assistance for pregnancy-related expenses when working with us.
We also have a guide for placing a baby for adoption with little or no health insurance, which you can find by taking this link.
Adoption Disruptions Explained
First off, you may be wondering why an adoption disruption would occur during the adoption process. Let’s take a look at that before we talk about adoption disruption insurance.
While American Adoptions takes every possible precaution to prevent adoption disruptions, is inevitable that a small percentage of women pursuing adoption change their minds and decide to parent. If this happens before official consent to the adoption has been given, a prospective birth mother is completely within her rights to decide to parent her baby, even if an adoptive family has already been chosen. While this does not happen too often, it is obviously a very sad, disappointing moment for the hopeful adoptive parents who do experience a disruption.
How Does American Adoptions Limit Adoption Disruptions?
A disruption or failed adoption is when a pregnant mother ends her adoption plan with an adoptive family, and instead chooses parenting, another family or another agency.
American Adoptions has one of the lowest disruption rates among all adoption professionals because our adoption specialists:
Measure pregnant mothers’ commitment levels to adoption before creating their adoption plans
Are available 24/7 to help women stay committed to adoption during difficult times of the process
Educate and support all members of the triad throughout open adoption contact
American Adoptions does everything possible to prevent adoption disruptions. But we know that some will occur. That’s why we also do everything possible to protect you from the financial risk of a disruption with our adoption insurance program.
How Does American Adoptions Financially Protect Families from an Adoption Disruption?
A hopeful adoptive family may have already invested significant funds in the adoption process when a disruption occurs. What happens to that money in the case of a disruption?
To ensure adoptive families in this position have the chance to adopt again, we developed our Risk-Sharing Program. Since its inception, this adoption disruption insurance has refunded 100 percent of the lost fees in 98 percent of those families’ adoptions, including:
Prenatal care expenses
In the event of an adoption disruption, your money is refunded directly back to you so you can adopt again or take a break from pursuing adoption. While we can’t eliminate emotional disappointments, our adoption disruption insurance through the Risk-Sharing Program can eliminate financial disappointments.
This approach is different from the way many professionals handle adoption disruption insurance. If there is a refund offered, it is typically a “rollover” policy, which means the agency will keep your money but put it toward another adoption opportunity. In some cases, this may be fine. However, it takes away financial freedom and flexibility from the family. A family may want to work with a different agency or take a break from the adoption process, but the rollover policy doesn’t allow a family to do this without losing all of their money that has already been put into the disrupted adoption.
American Adoptions believes in putting our families first, which is why we don’t use the rollover policy. Our Risk-Sharing Program is the best adoption disruption insurance for the hopeful adoptive families we serve.
To learn more about how we limit failed matches and about our adoption disruption insurance program, request more free adoption information.
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