For decades, couples going through in vitro fertilization have had to spend tens of thousands of dollars on the procedures with no guarantee of success. It’s not only an emotionally draining process, but a financially exhausting one as well. San Francisco-based startup Future Family wants to help ease some of that burden for couples with […] © 2024 TechCrunch. All rights reserved. For personal use only.
Future Family, a San Francisco-based startup, has introduced an IVF insurance product in collaboration with Munich Re, a global reinsurer. The insurance offers a money-back guarantee if a couple does not conceive after two IVF cycles or experiences a loss within two weeks of birth. The cost includes a 20% upfront payment and $999 monthly for five months, with coverage up to $50,000. CEO Claire Tomkins emphasizes the goal of making IVF more accessible and less stressful. Since its founding in 2016, Future Family has supported over 10,000 families and raised $150 million in funding. The startup is part of a growing trend of companies addressing IVF challenges.
