Top Maternity Insurance Plans: Motherhood or pregnancy is an essential phase in life and we should prepare well in advance to welcome parenthood. However, raising a child is a costly affair and a good financial backup is needed to meet the needs of the growing child.
From hospital stay to delivery expenses to medical tests to medicines costs, a well-developed maternity insurance plan can help in reducing the rising expenses so that you enjoy this happiest moment of your life without any pressure Can
Top Maternity Insurance Plans
What is Maternity Insurance?
Maternity insurance is provided to you as an add-on or additional rider along with the main health insurance. This insurance covers the expenses related to both types of delivery of children – cesarean and normal delivery. Some insurance providers prefer to offer maternity benefits as a rider or additional service and reduce your out-of-pocket burden. Some corporates offer maternity insurance benefits to their women employees along with their best health insurance policies. Also, in most corporate group policies, maternity is a rider (add-on benefit) with a limit of Rs 50,000.
Some of the benefits of maternity insurance are pre- and post-hospitalization expenses, covering the expenses for the first 30 days of hospitalization. Expenses such as nursing and room rent, surgeon fees, doctor consultation, and orthopedic consultations are also covered. To make a sound financial decision, one must understand what is included and what is not included in maternity insurance and ensure that the insurance is utilized to the maximum.
Let us now have a look at the differences between some of the top types of health insurance plans with maternity benefits-
|Scheme Name||Insurance company||Sum Assured (in Rs.)||Entry Age (Years)|
|Active Health Platinum Enhanced Plan||Aditya Birla Health Insurance||2 lakh – 2 crore||91 days or more|
|Care Health Jaye Health Insurance Plan||Care Health Insurance||3 – 5 lakh||18-65 Years|
|Digital health insurance with maternity cover||Digit Health Insurance||2 – 25 Lakh||–|
|Gold & Platinum Plan||Edelweiss Health Insurance||20 lakh – 1 crore||90 days to 65 years|
|Happy Family Floater Diamond Plan||Oriental Health Insurance||12- 20 lakhs||Over 65 years|
|Health-Guard Gold Family Floater Health Insurance Policy||Bajaj Alliance Health Insurance||3-50 lakhs||18 to 65 years|
|Heart Beat Family Floater Plan||Max Bupa Health Insurance||5 lakh – 1 crore||18 to 65 years|
|Lifeline Elite Plan||Royal Sundaram Health Insurance||25 lakh – 1.5 crore||18 years or older|
|Mahindra Premium Plan||Kotak Mahindra Health Insurance||–||18 to 65 years|
|New India Assurance Mediclaim Policy||New India Assurance Health Insurance||up to 15 lakhs||–|
|Parivar Mediclaim Policy||National Health Insurance||1 Lakh – 10 Lakh||18 to 65 years|
|Privilege Healthline Insurance Plan||Kolamandalam Health Insurance||5 – 25 Lakh||–|
|Pro Health Plus Plan||ManipalCigna Health Insurance||4.5- 50 Lakh||18 years or older|
|SBI Arogya Premium Plan||SBI Health Insurance||10 – 30 lakhs||18 to 65 years|
|Smart Super Health Insurance Policy||Indian A X A Health Insurance||5 – 100 Lakhs||–|
|Star Health Wedding Gift Pregnancy Cover||Star Health Insurance||3 – 5 lakh||18-40 Years|
|Tata AIG Medicare Premium Plan||Tata AIG Health Insurance||5 – 50 lakhs||Up to 65 years|
|Total Mediclaim Insurance||Future Generali Health Insurance||Up to 1 crore||No age limit|
|Universal Sompo Complete Healthcare Insurance||Universal Sompo Health Insurance||1-10 lakh||18 to 70 years|