Maternity Insurance Plans

Maternity Insurance Plans

Maternity insurance is usually a type of insurance coverage, covering all the expenses associated with childbirth up to a certain period this insurance covers expenses related to both baby delivery options:-

Caesarean and normal delivery. Some insurance company provide maternity benefits as a rider or additional service and lower the burden on your pocket.

Maternity Benefits of Health Insurance plans

1.Limits on maternity medical expenditure

All health insurance policies which offer maternity benefits put a limit on the maximum expenditure that can be claimed. This limit can be a flat amount or it can be linked to the overall sum insured.

2.Waiting period

All maternity covers come with a stringent waiting period ranging from 24 months to 48 months, sometimes even more. However, some Insurers have less waiting period as well.

3.Coverage

There may be different maternity coverage options offered by different companies as part of a health insurance plan.

For example, there are companies offering coverage for newborn right from day one, coverage for termination of pregnancy, associated pregnancy complications & pre and post-natal expenses.

4.Other Coverage

Hospitalization coverage – Many insurance companies give daily hospitalization allowance. In some policies, even room rent and ICU charges are also covered.

Ambulance charges – You can get an ambulance cover which can be a fixed amount or percentage based on the sum insured.

Cashless facility – Prefer a policy which has a good network of hospitals in your city and also offers cashless facility.