Fee Schedule: Payment Plan Options
Please note: Your payment is due upon the release of your collection kit.
This option is available when you choose PACKAGE 1 and select the 12 month payment plan (includes $45 administrative fee). Applicable taxes and courier fees not included.
PACKAGE 1: Annual Storage (includes initial payment and first year storage fee)
Initial Payment
| Collection kit | $100 |
| Family enrolment (one time only – waived for subsequent children) | $100 |
| Maternal infectious disease testing | $150 |
| Processing | $650 |
| First year storage | $125 |
| Total: $1,125 (courier fees and HST not included) | |
NOTE: Subsequent storage payment begins after your child’s first birthday. Annual storage is $125 per year plus HST.
Your annual storage fee is guaranteed and will not increase for the term of contract.
PACKAGE 2: Prepaid Storage (includes initial payment + 17 years prepaid storage)
Initial Payment
| Collection kit | $100 |
| Family enrolment (one time only – waived for subsequent children) | $100 |
| Maternal infectious disease testing | $150 |
| Processing | $650 |
| First year storage | $125 |
| Subtotal: $1,125 (courier fees and HST not included) | |
| Plus Prepaid Storage Fee for 17 years | $1725 |
| $125 per year for 17 years (minus prepaid incentive Savings of $400) | |
| Total: $1,125 + $1,725 = $2,850 (courier fees and HST not included) | |
PACKAGE 2: PREPAID OPTION REPRESENTS A SAVINGS OF $400.
NOTE: Once storage is initiated, prepaid storage fees are non-refundable unless the cord blood is used for medical treatment.
PACKAGE 3: Peace of Mind (payment by credit card only and subject to credit approval)
IMPORTANT: Due to the credit approval process, clients must register for the peace of mind package at least 4 weeks prior to due date.
| Includes collection kit, maternal infectious disease testing, processing, taxes and courier from major airports to Insception Lifebank facility. |
| Guarantees storage for 18 years, with no fee increases. |
| Multiple births: Add $75 per month for each additional child. |
| Fixed rate of $75 per month for 60 months |
NOTE: In the event of early cancellation post processing and storage of the sample, client is responsible for fee payments to a total of $1200 for processing and any unpaid storage amount due at the time of cancellation.
MULTIPLE BIRTHS FOR PACKAGE 1 AND PACKAGE 2 – for each additional child the cost is:
| Processing fee | $500 |
| Collection kit | $100 |
| Annual storage fee | $125 (Package 1) or $1725 (Package 2) |
Insception Lifebank is pleased to offer its clients flexible payment options for Package 1 and Package 2:
| 3, 6, 12 month installment plan ($25, $35 or $45 adminstration fee and HST not included) |
Disclaimer: Healthcare provider and/or hospital may charge additional fee for the cord blood collection.
