Education is an important medium of acquiring skills and knowledge. Our education begins at home. Thereafter, as we grow we go to schools, colleges and other educational institutes.
Anne Christian Buchanan has very well said that “To be pregnant is to be vitally alive, thoroughly woman, and distressingly inhabited. Soul and spirit are stretched – along with body – making pregnancy a time of transition, growth, and profound beginnings.”
Maternity is one of the most beautiful and important phase of a couple’s life. This is the time when your life is going to take a new turn and everything will be different not only for the mother but also for the entire family. With a new member added to your family, there is also going to be an addition in your expenses. So in order to ensure better and pre-natal and post-natal period a well-constructed maternity insurance plan is necessary, which will not only help in easing off the increasing of child and mother care but also let you embrace your parenthood.
- Hospitalization- it covers pre-hospitalization expenses up to 30 days prior to the date of delivery and post-hospitalization expenses up to 60 days.
- Hospitalization cost- this includes nurse and surgeon, room charges, medical practitioner fee, emergency ambulance charges, anaesthetist consultation charges.
- It covers expenditure related to both normal and caesarean delivery along with post delivery complications for the mother.
- Day to day checkups.
- Checkups of your new born till 90 days if they are diagnosed with any health issue or critical illness.
In most of the corporate houses women employees are also provided with maternity insurance along with their health insurance.
Thus, we have come with the top 5 maternity insurance plans available in India:
- Religare Joy Health Insurance Plan-
The entry age to buy this plan starts from 18 for an adult and goes till 65. There are two sum insured options available under this plan for maternity expenses i.e. of rupees 3 lakh and 5 lakh. This plan also offers hospitalization expenses wherein pre-hospitalization is covered up to 30 days prior to delivery and post- hospitalization up to 60 days. The waiting can range from 9 months to 24 months. It also provides new born baby coverage varying from Rs. 30000 to 50000, depending upon the sum assured. This policy also covers expenses like vaccination, pre & post natal expenses and lawful medical termination expenses. The policy period of this plan is 3 years.
2. Cigna TTK’s Pro Health Insurance plus Plan-
the entry age in order to buy this plan is 18 years for an adult and 91 days for a new born baby and there no maximum age. Here the maternity expenses covered up to are Rs.15000 for normal delivery and Rs.25000 for C-section. It does cover hospitalization expenses but not for maternity. The waiting period for this plan 48 months but it can be reduced to 24 months with additional premium. New born baby expenses are also not covered but can be till 90 days only if additional premium is paid. The only expense which this policy covers is vaccination that too for 1 year. Expenses like pre-natal and post-natal is not covered but lawful termination expenses are. The policy period ranges from 1 to 2 years.
3. Apollo Munich Easy Health Insurance-
The minimum entry age to buy this maternity plan is 5 years and the maximum age is 65 years. There are three sum insured options available under this plan for maternity expenses i.e. Rs.3-5 lakh wherein Rs.15000 is for normal delivery and Rs. 25000 for C-section, another sum insured available is Rs.7.50 lakh and Rs.10 lakh wherein Rs.25000 for normal delivery and Rs.40000 for C-section, the third sum insured available is Rs. 15 lakh, 25 lakh and 50 lakh wherein Rs.30000 for normal delivery and Rs.50000 for C-section. Hospitalization expenses are under this plan but not for maternity. Waiting period ranges from 36 months to 48 months and can reduced to 24 months with additional premium. New born baby charges are covered till 90 days only by paying additional premium. It does not cover vaccination expenses. The policy period for this plan is 1.2 years. Pre-natal, post-natal and lawful medical termination charges are covered under this plan.
4. Star Health wedding gift insurance plan-
The wedding insurance plan covers maximum two deliveries. It covers both pre-natal and post-natal and child birth expenses. The maximum cover available under this plan is of Rs.10 lakh. New born baby expenses are also covered under this plan including congenital diseases. Waiting for this policy is of 3 years and if there are any complications to mother after delivery then expenses related to that are also covered under this plan. To the maximum amount of Rs.1000 clinical tests are also covered. In this plan the coverage is extended only after the waiting period of 27 months.
5. Max Bupa Heartbeat family floater plan-
The best part about this plan is that it covers both maternity and new born baby expenses under its three plans, which are gold, silver and platinum. Under this plan vaccination charges up to first year of the new born are covered. The waiting period for this plan is two years. Under this plan a maximum of two deliveries are covered.
Therefore, it is important to get a maternity insurance both for the family and baby, as keeps you away from the stress and nightmare of paying huge medical bills and also eases your path for medical checkups. Maternity insurance acts as a financial backup for one and also provides mother and baby with good quality healthcare. These plans also help the family prepare themselves for complications faced during pregnancy and acts as a support system to them. Thus, we can say that with a well-constructed maternity insurance plan one can easily treasure the beautiful moments before and after pregnancy without any stress
Car Insurance results in bringing reassurance to the individual. Having car insurance is a mandatory act nowadays. The government has made regulations that it is compulsory to have car insurance. If you are found driving a vehicle without car insurance than a hefty amount of a fine will be incurred on you. So it’s an obligation to have car insurance.
Buying car insurance is an easy process. There are both mediums such as offline that is by visiting the agent or going for an online medium where you can get the insurance on your own by making the payment and needful through online processing. There are various insurance aggregators which are provided online and preferred provider websites. Insurance aggregators help you by providing comparison tools where you can compare different types of policies offered by the different insurance companies which are present in the world.
There are different services provided by the insurance company at the purchase of the new vehicle and even after that. With these insurance aggregators, you can renew the policy and even get benefits like no claim bonus etc. You can even visit the official website too but the policy. The offline method is also there like buying from the branch office or agent but that requires you to go to them and then get the policy.
Third Party Car Insurance Premium is dependent on a number of factors. It depends on the personal credentials as well as the coverage of insurance and it falls under the collision car insurance. You eligibility criteria are checked by the insurance policy provider. This is done before providing the policy. Coverage is another factor which determines the premium you are required to pay.
If you go for the lesser and the compulsory coverage than you will be paying a less amount as the premium for the new car insurance However if you opt for a higher amount of coverage with add ons your cost will be higher that is the premium will be of more amount. This can be cleared if you take a third party car insurance policy or a fully-fledged comprehensive car insurance policy.
