FLORA has teamed up with Sunny Day Fund, a workplace savings platform that helps employees build financial security and save for long-term goals. Through the partnership, Sunny Day Fund savers can learn about FLORA and apply for proactive fertility insurance coverage. Eligible policyholders can get access to $50,000 in funds later in life toward fertility care.

Sunny Day Fund is an employee benefit that offers emergency savings benefits through post-tax payroll contributions. Savings accounts accumulate 3.25% APY in interest (accurate as of publishing date), helping employees’ contributions grow even more. 

At organizations that offer Sunny Day Fund benefits, the average employee contributes $211/month toward savings, with between 40-60% of eligible employees participating voluntarily (source). Sunny Day Fund also reports a 26-33% retention improvement among participating employees (source). Employees who leave their roles can keep their savings accounts and continue to save toward their goals.

“Fertility care can run into the tens of thousands of dollars, and most people don’t have that much saved in general,” Sid Pailla, founder and CEO of Sunny Day Fund, said in a statement. “Setting aside a little from each paycheck, letting it compound with interest, builds both the habit and the cushion. That’s the idea behind Sunny Day Fund, and it’s why we’re partnering with FLORA. Our savers will be able to apply for FLORA coverage while they keep saving toward family-building and other goals at their own pace, so they’re building savings and protection at the same time.”

It’s a natural fit for FLORA’s individually owned fertility coverage, which allows policyholders to keep their insurance coverage no matter where they work. 

“People shouldn’t have to wait until they need fertility care to learn what it could cost or how they might pay for it,” said Laura McDonald, co-founder and co-CEO of Flora Fertility. “This partnership gives them a practical place to start, with coverage they own and the freedom to decide if, when, and how they grow their family.”