NOTE: Your specific cost will vary with your funding method (e.g. life insurance, prepaid cash or equivalent, trust, or annuity). Your cost to fund through life insurance can be as modest as $1 to $5 per day depending on your age, health, and the type of policy you choose. For a list of funding options and sample insurance rates, see Funding Methods. See also Cryonics Life Insurance with Inflation Considerations. Please feel free to call Diane Cremeens for assistance at 877-462-5267.

 

Alcor Cryopreservation Agreement - Schedule A

Required Costs and Cryopreservation Fund Minimums

This Schedule lists the various expenses and Cryopreservation Funding Minimums which the Alcor Life Extension Foundation requires from its Applicants and Members in connection with their cryopreservation arrangements. Except where noted otherwise, any of these expenses and Cryopreservation Funding Minimums may be changed by Alcor with ninety (90) days written notice to the Members. Expenses for non-member cryopreservations are also specified below. Under such circumstances, no Membership Dues are paid. Instead, there is a surcharge that compensates for this and safeguards Alcor against the possibility of unforeseen legal difficulties.

I. Required Cryopreservation Funding Minimums: Before membership approval can be granted, Alcor requires the Member to guarantee a certain level of funding which will be paid to Alcor upon the legal death of the Member to support Comprehensive Member Standby (CMS), in addition to the cryopreservation, long-term care, and, if it becomes possible, resuscitation of the Member. (See Cryopreservation Agreement, Section I, DUTIES OF THE MEMBER, Article 4.) Current minimum funding levels are:

Minimum Cryopreservation Funding:

  • $200,000.00 Whole Body Cryopreservation ($115,000 to the Patient Care Trust, $60,000 for cryopreservation, $25,000.00 to the CMS Fund).

  • $ 80,000.00 Neurocryopreservation ($25,000 to the Patient Care Trust, $30,000 for cryopreservation, $25,000.00 to the CMS Fund).

Surcharges:

  • $ 10,000 Surcharge for cases outside the U.S. and Canada.

  • $ 25,000 Surcharge for cryopreservation of non-members arranged by a third party who is an Alcor Cryopreservation Member.

  • $ 50,000 Surcharge for cryopreservation of non-members arranged by a third party who is not an Alcor Cryopreservation Member.

Only the Minimum Cryopreservation Funding for the procedure elected by the Member in Attachment 1: Decisions Concerning the Member's Cryopreservation, Section I will apply.

II. Proof of Funding: Before being accepted into Alcor's program, and on an on-going basis throughout the life of the Cryopreservation Agreement, the Member shall provide proof that the minimum funding listed above is payable to Alcor. Acceptable proof includes the following:

1. In the case of an insurance policy the Member shall:

  • A) Transfer ownership of the policy to Alcor - Alcor provides a Buy-Back Agreement guaranteeing no changes will be made to the policy without the Member's written consent.

  • B) Name Alcor as the beneficiary of the policy. Accepted insurance companies must be rated as "A-" or better by A.M. Best.

2. In the case of prepayment the Member shall provide Alcor with the minimum cryopreservation amount through such payment methods as cash, money order, wire transfer, etc. These funds will be placed into either a bank account or Alcor's pre-approved trust agreement. Template trust samples are available upon request.

These are the two primary funding mechanisms that provide both Alcor and the Member with the necessary protection. This is important to Members who want assurance that Alcor will remain financially strong and capable of providing sound protection for patients in cryopreservation, as well as offering assistance to future clients. Naming Alcor as only the irrevocable beneficiary or collateral assignee can be problematic and is not recommended to fund the cryopreservation.

III. Membership Dues: Alcor charges Membership Dues to all living Members to support the advancement of its programs. (See Cryopreservation Agreement, Section I, DUTIES OF THE MEMBER, Article 3.) Dues can be paid annually, semi-annually, or quarterly. Alcor may increase the standard rate with thirty (30) days written notice to the Member. All payments are non-refundable unless otherwise specified. Various discounts on dues apply to additional family members, full-time students aged 30 and under, minors, and long-term Alcor Members.

Current Membership Dues, net of applicable discounts, are:

  1. First family member: $525 annually or $267 semi-annually or $134 quarterly.

  2. Each additional family member aged 18 and over, and full-time students aged 25 and under: $310 annually or $156 semi-annually or $78 quarterly.

  3. Each minor family member under age 18 for the first two children (no membership dues are required
    for any additional minor children): $80 annually or $40 semi-annually or $20 quarterly

  4. Full-time student aged 26 to 30: $460 annually or $230 semi-annually or $115 quarterly.

  5. Long-term member (total membership of 20 - 24 years): $430 annually or $216 semi-annually or $108 quarterly.
    Long-term member (total membership of 25 - 29 years): $368 annually or $186 semi-annually or $93 quarterly.
    Long-term member (total membership of 30 years or longer): $305 annually or $154 semi-annually or $77 quarterly.

IV. Standby Charges

For Members residing in the continental U.S. and Canada: Alcor will provide Comprehensive Member Standby (CMS) to all Members (standby in Canada may be subject to delays due to customs and immigration requirements), which includes all rescue activities up through the time the legally pronounced Member is delivered to the Alcor operating room for cryoprotection. This charge is waived for full-time students under age 25 and minors (under age 18). This charge may be waived in part or in whole, with approval from two of the following Alcor officials: CEO, Vice President, Technical Operations Director, or Chairman of the Board. All Members are subject to a waiting period of 180 days for CMS from the date signup arrangements are completed. All payments are non-refundable.

CMS Waiver

In exchange for a waiver of the Comprehensive Member Standby (CMS) fee the Member has agreed to a permanent increase of $20,000 to their Cryopreservation Fund Minimum above the current standard Cryopreservation Fund Minimum. The Member acknowledges that when the standard Cryopreservation Fund Minimums are increased in the future, that their Cryopreservation Fund Minimum will always be $20,000 higher.

Current CMS charges are:

$180 annually, $90 semi-annually, or $45 quarterly

Any Member not already residing in the greater Phoenix, Arizona area who is diagnosed as being terminally ill with a prognosis of ninety (90) days or less and who relocates to a residence or terminal care facility in the greater Phoenix, Arizona area will be entitled to a one-time expense relocation reimbursement of up to $10,000.00, from the CMS fund pool, payable to the Member or the Member’s legal representative. A different geographic location may be chosen by the Board for the purposes of this relocation reimbursement.

Types of Standby include:

Level One - Full Standard Standby: It is determined that the Member is at high risk of legal death in an immediate or short term time frame (within seven days). A fully equipped team, according to the standards of care existing at the time, will be deployed to the Member’s location at the full expense of the CMS fund pool.

Level Two - Intermediate Level Standby: It is determined that the Member is at medium risk of legal death in an immediate or short-term time frame (within seven days) and will benefit from a reduced degree of on-site or remote monitoring, consultation, and preparation. This CMS expense will be paid out of the CMS fund pool. Should the Member so desire, he or she may upgrade the standby level by pre-funding deployment up to Level One.

Level Three - Elective Standby: The Member does not qualify for Level One or Two Standby and Transport coverage and wishes to have a self-funded standby. The Member will pay for this standby, as it is prudently available, at a price to be quoted depending on the level of support requested. Members who choose Elective Standby must do so prior to being admitted to a hospital for elective or low-risk surgery.

For Members residing outside the continental U.S. and Canada (excluding Hawaii, Alaska and the United Kingdom): Alcor may incur expenses, at its sole discretion, of up to $50,000 which comprise standby and/or retrieval costs, under conditions where a standby or retrieval is reasonably feasible for such Member. For members residing in the United Kingdom, Alcor may incur expenses, at its sole discretion, of up to $40,000 which comprise standby and/or retrieval costs, under conditions where a standby or retrieval is reasonably feasible for such Member. For members residing in Hawaii or Alaska, Alcor may incur expenses, at its sole discretion, of up to $25,000 which comprise standby and/or retrieval costs, under conditions where a standby or retrieval is reasonably feasible for such Member. Arrangements can be made on an individual basis for standby and/or retrieval costs that may exceed these amounts stated in this paragraph. The foregoing parameters of this paragraph do not apply to prepaid members with total available funding below the current required minimum, who shall not qualify for the prospective benefits set forth in this paragraph.

V. Changes to Arrangements:

All Members owe the cryopreservation minimum in effect at the time of membership approval for the elected method of cryopreservation, subject to the provisions of Section II, DUTIES OF ALCOR, Article 2, of the Cryopreservation Agreement. If a Member changes his or her elected method of cryopreservation the Member will owe the cryopreservation minimum in effect at the time of the change.

Revised April 13, 2016