back arrow Back

Maternity benefits in health insurance

reply Share
22 Jul, 2021 by  Sonu

Which are the best health insurance policies with maternity & new born coverage? Pros and cons? If possible do a detailed article on this so more people can benefit. Thanks.

like like
0
Health Insurance
Opinion

3 Answer

Post
22 Jul, 2021

I find the Max Bupa products quite comprehensive w.r.t maternity & new born coverages. Some of their products allow a maternity sum insured of upto 1 lac & automatic coverage of the new born baby till next renewal. During this period, their products also cover the cost of 1st year vaccination for the new born.


You should speak to a Broker/advisor to shortlist your options. Revert on this forum if you have specific questions after product comparison.


Best Wishes,


Asad Akbar

like like
0
icon-comment 1 Comments
icon-reply Reply
25 Jul, 2021
Sonu
like like
0
icon-reply Reply
22 Jul, 2021

Dear Sonu

All Health Insurance providers are regulated by IRDA and have products approved by IRDA . Each player has strengths as per their network . So choose your insurer as per your city and hospital network .

Most of insurer have plans with maternity benefit ,choose plan with lowest waiting prriod and maximum capping .

Waiting period is 2 years to 4 years , so choose plan as per your family extension plan.

Maternity plans also hsve capping of Rs 75000 which meants that claim amount on all maternity related expenses can not exceed Rs 75000. Hence be clear that expenses over Rs 75000 has to be borne by you .

Inspite of these limitations of waiting period and capping , each ypung couple shpuld have health plan with maternity benefit becuse maternity benefit auto cover new born baby .

So it is recommended for all young couples .


Shailesh

Insurance Samadhan



like like
0
icon-comment 0 Comments
icon-reply Reply
23 Jul, 2021

I am of the opinion that maternity plans provide very limited benefits. Anyone would tell you that plans with treatment cappings are not optimum plans. That rule is true for maternity plans too.

Since you have 9 months to plan expenses, just do an RD for maternity costs. Choose an insurance plan that meets your medium to long term goals.

like like
0
icon-comment 2 Comments
icon-reply Reply
23 Jul, 2021
like like
0
icon-reply Reply
25 Jul, 2021
Sonu
like like
0
icon-reply Reply
Discover the best tips for insurance every week!

Beshak is not regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and does not have any alliance or association with any Insurance business.
© Copyright 2021 Beshak Solutions Pvt. Ltd. All Rights Reserved.

Disclaimer: The content on the website is purely for information purposes for the public at large, and does not constitute personal financial advice for a specific individual reader.
If you are reading this, it means you love reading the fine print. Why not get paid for what you love doing - Join us by writing to info@beshak.org now 🙂