Pregnancy insurance policy in India

Why Pregnancy Insurance?

Maternity insurance may gain popularity going by the number of Cesarean options being carried out in hospitals and recently a leading daily has reported that many of the hospitals are going for operations rather than curing the ailment with available alternatives. Further the raising medical bills when you opt for best medical care will make many to opt for this insurance. The ration between Cesarean and normal delivery is 65:35 and this makes the risk for the life of women who becomes pregnant

Benefits of maternity insurance

After waiting period hospitalization and day care treatment will be covered. All the maternity related expenses will be covered. Some of them cover pre and post hospitalization related medical expenses. Post hospitalization includes visit to doctor for periodic check up till it gets completely cured. Nowadays corporate provide maternity cover as add on to their health insurance policy, but the limit may not exceed 50000. It is advisable to take a private maternity cover policy to get a exclusive coverage.

What to look for

The main reason to check in maternity or pregnancy insurance is from when the coverage will start. Mostly all have waiting periods which needs to be carefully looked upon and the most important thing is already pregnant women cannot enroll for this policy. New born baby cover also needs to be checked as complications arising for new born will not be covered in regular health policy unless enrolled and approved by the medical insurance companies. Basically only 2 pregnancies will be covered under this policy and the gap between 2 children should be 24 months in most of the policies.

What is not included?

Regular medical bills are not included as part of this insurance cover. Any event that may result in abortion of fetus is not covered and above all medical expenses that we may incur during pregnancy period is also not covered. Any pre existing illness that may affect pregnancy is not covered. Treatment for fertilization and pregnancy is also not covered under this policy. All other exclusions mentioned in the policy have to be looked upon.

All the leading insurance companies in India offer maternity cover as add on benefit and also a standalone policy. Protect yourself against any risk arising out of pregnancy. It is a new life not only for the new born during pregnancy but also for the women. Life without a woman is incomplete in life and special protection is really needed and has to be provided.