. After becoming a Pathik Shah Ta, a woman's life brings immense happiness and enthusiasm. But if proper planning is not done, this happiness can prove to be a bit expensive. The cost of hospitalization, tests and treatment for delivery often add up and due to this, the pregnant woman sometimes feels stressed. The stress of pregnancy related expenses is not good for the mother's health and to avoid such stress, you can reduce the financial stress by purchasing maternity insurance. This is a type of health insurance. In many health insurance policies, policyholders can include maternity insurance as an add-on. Timely decision The minimum waiting period of this policy is 1 year (this period is calculated from 2-3 months prior to pregnancy). The waiting period for this is up to 2 years. This means that if you get pregnant soon after purchasing the policy, the insurance cover will not apply. So, the earlier this insurance is taken, the better. Premium and Cover Amount The premium amount depends on the sum assured and your age. If you take an insurance of 5 lakh rupees, the annual premium for the cover may be 20 to 30 thousand rupees. This cover covers delivery, pre-natal and post-natal medical expenses. Understand the entire process To get insurance, you have to pay a fixed premium amount every month or annually. The premium amount depends on the sum insured you opt for. Sum insured depends on the type of insurance. The process of availing maternity insurance is simple. You can get it from the insurance company's website or through an agent. What is covered? This insurance covers both normal and cesarean deliveries. Medical expenses during pregnancy and after delivery are covered. This includes the cost of hospital stay, nursing charges and other related expenses. Medical expenses for the newborn's first year, such as vaccinations and essential medicines, are covered. Many companies also cover expenses like surrogacy and IVF.
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Finance: Maternity Insurance : The basis for a worry-free delivery
