TOKYO, Feb 22 (News On Japan) –
Mitsui Sumitomo Insurance, a significant non-life insurance coverage firm, will provide the trade’s first insurance coverage for frozen eggs beginning in April.
This insurance coverage is an unique product for customers of “LIFEBANK,” which handles egg freezing, and targets eggs frozen by girls beneath 39 years of age on the time of egg assortment.
Although as much as 20 eggs may be collected at one time, if the eggs turn out to be unusable upon thawing, the insurance coverage will compensate as much as 25,000 yen per egg for the price of egg assortment and freezing.
LIFEBANK will cowl the insurance coverage premium, offering it freed from cost to customers.
As the price of egg freezing is excessive, starting from 300,000 to 500,000 yen, the insurance coverage goals to assist girls who want to have kids.
There is a rising motion to advertise using egg freezing, together with subsidies of as much as 300,000 yen by the Tokyo Metropolitan Government.
Source: ANN