*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
A crucial phase in a woman's life is the time of maternity or when she is pregnant. A woman needs to prepare for this parenthood in many ways. At the same time, a financial backup is equally important is to meet all the costs of all the pregnancy, delivery, and new born baby care. A well-designed maternity health insurance will cover everything from a hospital stay to medical tests to the cost of delivery, add medicines to ease the burden of the rising cost of healthcare, and bring the bundle of joy and happiness in your life.
Maternity health insurance is a health insurance plan which covers all the expenses related to the delivery of a child. However, there are no separate maternity insurance plans to cover pregnancy costs. The family floaters or group insurance plans often include them. Maternity insurance is offered as a rider or an add-on to the comprehensive health policy in some health insurance plans.
Some of the best health insurance plans offer pregnancy cover and include the following:
Some of the best maternity health insurance plans do offer a pregnancy cover, but there are certain specific things that they exclude from the policy. Let us have a detailed look at them:
After knowing about the maternity health insurance plan's inclusions and exclusions, let us compare some of the best maternity health insurance plans in India. A lot of insurance companies have now come up with specialized maternity health insurance plans.
Let us look at the plans in detail:
Insurer |
Name of the plan |
Sum insured (Rs.) |
Age of entry (years)
|
|
2 lakh – 2CR |
91 days and above
|
|||
Health Guard Gold Family Floater Plan
|
3 lakh -50 lakh |
18 -65 years |
||
Super Smart Health Insurance Plan
|
5 lakh – 1 cr |
- |
||
Care Health Insurance (formerly known as Religare Health Insurance) |
Joy Today & Tomorrow |
3 lakh to 5 lakh |
18 years above Child- day 1-24 years |
|
Privilege Health Insurance Plan |
5 lakh- 25 lakh |
18 years |
||
Digit Insurance with Maternity Cover |
2 lakh - 25 lakh |
- |
||
Edelweiss Gold and Platinum Plan |
20 lakh – 1Cr |
90 days to 65 years |
||
Total Mediclaim Plan |
up to 1 Cr |
no age bar |
||
My Health Gold Suraksha Plan |
7.5 lakh to 15 lakh |
- |
||
Easy Health Family Floater Plan |
2 lakh – 50 lakh |
2 years to 65 years |
||
ProHealth Plus Plan |
4.5 lakh to 50 lakh |
18 to 65 years |
||
5 lakh to 1 Cr |
18 to 65 years |
|||
Floater Mediclaim |
5 lakh to 15 lakh |
18 to 65 years |
||
|
1 lakh to 10 lakh |
18 to 65 years |
||
Family Floater Diamond Plan |
12 lakh to 20 lakh |
Up to 65 years |
||
Lifeline Elite |
3 lakh to 50 lakh |
No bar |
||
1 lakh to 25 lakh |
16 days of age |
|||
10 lakh to 30 lakh |
3 months to 65 years |
|||
Complete Health Care |
Group Health Insurance |
Day 1 |
*Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
To Conclude!
Maternity needs to be planned properly. Financial condition should not be a hurdle when you are entering to a new phase of your life and bringing a life into this world. In this regard, the aforementioned health insurance plan can be a good option to cover your health and maternity-related expenses. However, it is always recommended to compare the plans as per your need and buy smartly!
Ans. Yes, several insurance companies have varied waiting periods. The average waiting period of a majority of the insurance companies is three to four years. Whereas for some companies, it is as low as nine months.
Ans. A lot of the health insurance companies provide maternity health insurance either as a stand-alone plan or as a rider or an add-on to the policy.
Ans. Some standard health insurance policies also include maternity cover.
Ans. No. The Insurance company does not allow an already pregnant woman to buy a maternity health insurance plan unless it is a group policy.