IARC facilitates all payments to your surrogate on your behalf according to the terms of your surrogacy contract. This financial management is included in our Agency Fee. Your IARC Coordinator will be intimately familiar with the terms of your contract, and if a reimbursement request is ever made that is outside the contract terms, you will be consulted. Although our familiarity with you, your surrogate, and the terms of your contract are all significant benefits to us managing these payments in-house as a part of your Agency Fee (versus through a paid third party escrow service), you must feel reassured that IARC has protections in place so your funds are not mismanaged or misappropriated. Those protections are:
- Your surrogate’s fees are placed in an account with a third party bank. IARC can only access and pay those funds according to the terms of your surrogacy contract. IARC establishes this account on your behalf as a part of our Agency Fee.
- Your surrogate’s expense reimbursement amounts are placed in an account in-house with IARC. This amount is protected with Bond Insurance that IARC carries. This insurance requires us to have safe practices when it comes to handling of client funds to minimize the risk of misappropriation of those funds. In the extremely rare event the funds are misappropriated, this insurance policy pays those funds back to the client. Our bond insurance policy booklet is available to clients upon request.