*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Having a child and starting a family is an important milestone in everyone’s life. For the mother a child brings an emotional responsibility while for a father the associated financial responsibility is a major concern.
Parenthood changes every parent’s priorities and while the child’s responsibility is shared between the husband and the wife, the expenses related to the child are usually the responsibility of the husband. At today’s age when expenses are inflating at an unending pace, meeting such costs is increasingly becoming difficult.
Upbringing of a child is expensive and so are the expenses involved in childbirth. While a normal delivery may cost less, a Cesarean delivery rakes up the hospital bills and if you do not have a health insurance plan to pay for your bills, such costs would wipe out your savings in a jiffy.
What if we tell you that some health insurance plans cover maternity expenses maternity expenses under their coverage options? Under such maternity coverage, both normal as well as cesarean deliveries are covered.
As per the latest numbers, a Cesarean delivery is more common and the preferred child-birth procedure and such deliveries are expensive ranging from Rs.30, 000 to Rs.1 lakh. Having your health insurance cover for the Cesarean delivery would be a relief to you in terms of finances. Though some health plans cover Cesarean deliveries, there are certain points which should be kept in mind.
Thus, your Cesarean delivery would be covered under health insurance plans but only some plans provide this coverage. Such plans include:
|Plan name||Waiting period for maternity coverage||Maximum allowable limit for Cesarean delivery|
|Apollo Munich Easy Health||3 or 4 years depending on plan variant||Rs.25,000 to Rs.50,000|
|Max Bupa Heartbeat||2 years||Rs.20,000 to Rs.80,000|
|Religare Joy||9 months||Rs.35,000 to Rs.50,000|
|Star Wedding Gift Insurance||3 years||Rs.20,000 or Rs.25,000|
Disclaimer : *Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Note: This is a sample list and may not cover the plans coming up in the market
Rest assured! Your child birth expenses can be borne by the health insurance plan and while selecting a plan for such requirement, keep in mind the points mentioned above.