What is Maternity Insurance?
Maternity insurance is a type of health insurance that covers maternity-related expenses. Although parenthood is one of the most overwhelming experiences, it comes with additional expenses. A progressive increase in medical expenses and soaring hospitalisation charges may create a financial crunch for couples if they haven’t sought pregnancy insurance in time.
Why is Health Insurance with Maternity Coverage Necessary?
As mentioned above maternity comes with extra expenses. Even a normal delivery cost ranges between Rs 50,000 to Rs 80,000, whereas the C-Section costs around 1-2 lac in metro cities, depending on complications. Therefore, a well-planned maternity health insurance plan can be your absolute companion when you wish to become parent. The policy covers the in-patient maternity expenses with a newborn baby covered up to Rs 50,000. The scope of coverage also includes pre and post-hospitalisation expenses, daycare treatment cover, ambulance cover etc.
Thus, the Insurance for maternity helps you enjoy your parenthood and focus on recovery without the stress of arranging finances. At Care Health Insurance, our medical insurance for pregnancy plan- JOY ensures the best healthcare facilities for the expecting mother and the newborn baby without financial worries.
When to Buy a Maternity Health Insurance Plan
Ideally, anyone planning to start a family should buy a maternity health insurance plan as early as possible. By doing so, they will be able to serve the waiting period before starting a family. All maternity insurance plans have stipulated waiting periods during which the insured women cannot make any claims for pregnancy-related medical costs.
Further, buying a plan at an early age can help ensure extensive cover when needed, helping women manage the expenses for delivery, prenatal care, and postnatal care without any additional financial burden. Hence, it is advisable that women invest in comprehensive maternity insurance at least a couple of years before starting a family. Further, you must remember to check the waiting period before buying a policy, as it might vary from plan to plan.
Explore Care Maternity Health Insurance Plan
JOY is a specially designed health insurance with pregnancy insurance coverage in India by Care Health Insurance. This maternity insurance policy covers delivery-related expenses, whether a normal delivery or anormal or caesarean. As insurance for maternity comes with a waiting period, it is advisable to get health insurance with maternity cover in advance and stay prepared to welcome your baby into this world worry-free.
Features of Maternity Insurance Policy
Health insurance with maternity coverage comes with the following features:
Particulars |
Coverage |
In-patient Care |
Available |
Day Care Treatment |
Available |
Ambulance Cover |
Up to Rs 1000 per claim |
Maternity Cover |
Rs 35000 for 3 lakh SI
Rs 50000 for 5 lakh SI |
New born Baby Cover |
Rs 30,000 and 50,000 respectively |
New Born Birth Defects |
Rs 50,000 under Joy Tomorrow Plan |
Waiting Period |
9 months or 24 months as per the plan opted |
Room Category |
Single Private room with AC facility |