Maternity insurance is no longer an alien term. It is quite common with couples now, but the knowledge might remain bleak. Maternity insurance is designed to let all the couples like you, cherish their journey of parenthood which otherwise might prove to be a costly affair.
*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
My name is
My number is
My name is
My number is
City Living in
Do you have an existing illness or medical history?
This helps us find plans that cover your condition and avoid claim rejection
What is your existing illness?
Select all that apply
When did you recover from Covid-19?
Some plans are available only after a certain time
So, to reiterate it further, a maternity insurance plan comes usually as a rider plan with your main health insurance plan. It covers expenses incurred on both normal and cesarean delivery.
The coverage that is provided include - pre and post hospitalization expenses, in-hospitalization expenses along with newborn baby cover and delivery expenses (both cesarean and normal birth).
You can check with your employer if they also provide maternity cover on your group health insurance policy. However, take a note that the maternity cover provided in a corporate group insurance plan will be an additional benefit with a sub-limit clause up to Rs. 50,000.
There is no second thought about taking maternity insurance, as it will be required at some point in your life. Furthermore, it might prove to be one of the most beneficial decisions which you will make in your life.
You can buy it for your wife and if you are a working woman, then you can buy maternity insurance for yourself. It’s not about you only, but for the protection of your child-to-be.
1. Pre-delivery or Pre-natal Expenses- If you are insured under a good maternity policy it will meet all your pre-natal expenses including frequent medical scans, medical check-ups, and ultrasounds to ensure that the baby is doing fine till childbirth.
2. Labor and Delivery Expenses- An ideal maternity insurance policy will cover all the medical expenses including the delivery charges and labor. It will help in saving frequent hospital bills.
3. Post-delivery/ Post-natal Expenses- A good maternity plan will pay for post-delivery expenses related to baby vaccinations, medications, and hospitalization.
Sounds great right? Half of your concerns must have been settled with this benefit only, wait there is more to check out.
Thus, promising the best of medical treatment to you and your little one!
You can claim for a range of maternity expenses; however, a few listed below are excluded:
Do not forget that all the maternity insurance plans in India have a mandatory waiting period clause, and before that you cannot make a claim for your maternity expenses. Moreover, if you have already conceived you cannot get insurance. Probably, you can take insurance for your next pregnancy, if only you are planning a second child.
Ideally, you need to buy a maternity insurance plan before conception. Considering all the possible scenarios, it is recommended that you purchase maternity insurance at least 3 years before family planning. Amid all the other planning and investments, if you shed some light on this aspect, meeting the pregnancy and childbirth expenses will be a hassle-free experience for you.
The major reason behind getting maternity cover in a health insurance plan is to confirm that the whole process of childbirth becomes smooth and relaxing for the customer. You do not have to face any financial stress during maternity hospitalization. So, think ahead and buy the right health cover for you that secure your future and your newborn’s future.
05 Jul 2022Barely any person has remained unaffected due to rising health...
05 Jul 2022Regular health check-ups are important to keep a track of your...
04 Jul 2022In India, healthcare is getting expensive with each passing day...
27 Jun 2022Gone are the days when only athletes and professional sports...
24 Jun 2022Healthcare is expensive in India and is increasing with each...