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adoption insurance

Also called adoption cancellation insurance, adoption insurance is relatively new to the field of insurance. This form of insurance will pay for expenses in the event that a birth mother in a U.S. adoption does not go through with the planned adoption. According to Best's Review-Property-Casualty, coverage is available for adoption payments of $5,000, $10,000, $15,000 and $30,000. MBO Insurance Brokers, in Menlo Park, California, underwritten by Kemper Insurance Company in Long Grove, Illinois, offers adoption insurance nationwide.

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MBO receives more than 100 calls per month about adoption cancellation insurance and in 1997, sold about 500 policies.


"Adoption Policy Covers Mom's Change of Heart," Best's Review-Property-Casualty Insurance Edition 99, no. 8 (December 1998): 76.

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