When we have insurance for life, house, cars, and two-wheelers, isn’t maternity insurance an utmost necessity? Everyone knows that childcare costs a bomb nowadays. Also, a basic health insurance policy wouldn’t cover childbirth for you. Have you secured your finances against such a risk?
A few policy providers offer maternity plan as an add-on which can be bought along with the general health insurance and it costs lesser than a separate maternity plan. Unless you have a maternity-care add-on, your health insurance will not cover you- not unless you serve a waiting period of two or three years. To cover this period, there are some excellent maternity benefit plans in India that offer a right amount of cover. A maternity plan covers both normal and caesarean deliveries. A few companies that provide family health insurance for expecting parents are: Royal Sundaram mediclaim insurance policy, Max Bupa, Apollo Munich insurance, Cigna TTK health insurance
The coverage offered by a maternity policy would be explained in detail in the fine print of the policy document. The inclusions and the exclusions of a policy must be understood carefully in order to avoid any rude surprises in future. The Best Health Insurance for Parents can only be found after a thorough comparison. An insurance policy for expecting parents would help them in welcoming the newest member of their family without financial constraints.
As told before, the fine print of any policy document will have the list of inclusions and exclusions. To avoid any confusion at the time of claim request, one needs to be aware of the details of the policy. More often than not, the list of inclusions and exclusions is self-explanatory, but, in case of any doubts, one can always consult the insurance agent/broker. Better yet, buy the policy online as you can compare and choose a plan according to your needs. Also, most customer service helpline numbers are active 24*7. Let us look at a few inclusions of a maternity plan.
The number of women working in corporates is gradually becoming equal to the number of men. Keeping this trend in mind, many employers are working towards making the workplace more friendly and adaptable. As a step in this direction, a few corporate companies are offering maternity cover plans for their female employees. However, not every expecting female is covered by insurance. Which is why, we have compiled a list of plans that provide cover for maternity care. Let us have a look:
There is no point in buying a maternity insurance plan after you conceive because all policy providers have a minimum waiting period of about 2 to 3 years. There has been a gradual rise in the maternity expenses which is why people have started looking for suitable health insurance. Remember to compare plans before zeroing on one.
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