S 698: Provides for a credit insurance policy for the indemnification of an intended parent for expenses disbursed when either the intended parent or a person acting as surrogate receives in-vitro fertilization or intrauterine insemination treatment that fails and does not result in the birth of a child.

  
  STATE OF NEW YORK ________________________________________________________________________ 698 2025-2026 Regular Sessions  IN SENATE (Prefiled) January 8, 2025 ___________ Introduced by Sen. KRUEGER -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the insurance law, in relation to financial loss as a result of a failed in-vitro fertilization or intrauterine insemination The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subparagraph (D) of paragraph 17 of subsection (a) of 2 section 1113 of the insurance law, as amended by section 22 of part L of 3 chapter 56 of the laws of 2020, is amended to read as follows: 4 (D) (i) (I) Indemnifying an adoptive parent for verifiable expenses 5 not prohibited under the law paid to or on behalf of the [birth mother] 6 gestational parent when either one or both of the birth parents of the 7 child withdraw or withhold their consent to adoption. Such expenses may 8 include maternity-connected medical or hospital expenses of the [birth 9 mother] gestational parent, necessary living expenses of the [birth 10 mother] gestational parent preceding and during confinement, travel 11 expenses of the [birth mother] gestational parent to arrange for the 12 adoption of the child, legal fees of the [birth mother] gestational 13 parent, and any other expenses that an adoptive parent may lawfully pay 14 to or on behalf of the [birth mother] gestational parent; [or] 15 (II) Indemnifying an intended parent for financial loss incurred as a 16 result of the failure by the person acting as surrogate to perform under 17 the surrogacy contract due to death, bodily injury, sickness, disappear- 18 ance of the person acting as surrogate, late miscarriage, or stillbirth. 19 Such financial loss shall include medical and hospital expenses, insur- 20 ance co-payments, deductibles, and coinsurance, necessary living 21 expenses of the person acting as surrogate during the term of the surro- 22 gacy contract, travel expenses to arrange for the surrogacy, legal fees 23 of the person acting as surrogate, and any other expenses that an EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02519-01-5 
 S. 698 2 1 intended parent may lawfully pay to or on behalf of the person acting as 2 surrogate; or 3 (III) Indemnifying an intended parent for expenses disbursed when 4 either the intended parent or a person acting as surrogate receives 5 in-vitro fertilization or intrauterine insemination treatment that fails 6 and does not result in the birth of a child. Expenses may include 7 living expenses of the person acting as surrogate during the in-vitro 8 fertilization or intrauterine insemination treatment and expenses 9 incurred by the intended parent or person acting as surrogate to travel 10 for the in-vitro fertilization or intrauterine insemination treatment. 11 Expenses also may include medical and hospital expenses not covered 12 under the intended parent's or person acting as surrogate's comprehen- 13 sive health insurance and insurance co-payments, deductibles, and coin- 14 surance, but credit insurance as defined in this clause shall not solely 15 cover such medical and hospital expenses, co-payments, deductibles, or 16 coinsurance; and 17 (ii) For the purposes of this subparagraph "adoptive parent" means the 18 parent or [his or her] the parent's spouse seeking to adopt a child, 19 ["birth mother"] "gestational parent" means the [biological mother of] 20 person giving birth to the child, "birth parent" means the biological 21 [mother or biological father] parents of the child, and the terms 22 "donor", "intended parent", "person acting as surrogate", and "surrogacy 23 agreement" shall have the meaning set forth in section 581-102 of the 24 family court act; or 25 § 2. The insurance law is amended by adding a new section 3437 to 26 read as follows: 27 § 3437. Credit insurance for in-vitro fertilization or intrauterine 28 insemination. (a) Except as provided in subsection (b) of this section, 29 an insurer that issues a credit insurance policy pursuant to clause 30 (III) of item (i) of subparagraph (D) of paragraph seventeen of 31 subsection (a) of section one thousand one hundred thirteen of this 32 chapter shall provide a statement in the application for the insurance 33 policy and in a prominent writing upon policy issuance that the credit 34 insurance policy is not a substitute for comprehensive health insurance. 35 (b) An excess line broker who procures such a credit insurance policy 36 pursuant to section two thousand one hundred five of this chapter shall 37 provide the statement required by subsection (a) of this section on 38 behalf of the insurer. 39 § 3. This act shall take effect on the thirtieth day after it shall 40 have become a law.