Rahul August 1, 2012 Share this interaction Share this Facebook 0 Twitter 0 Is the maternity insurance coverage start from the first date of premium. Reply to this Response(s) MIC Staff August 4, 2012 : Answered in 3 Days Dear Rahul, Maternity and Pregnancy costs can be covered after a minimum waiting period. Individual Plans usually have a waiting period of 36-48 months. However, Group Insurance Plans have a waiting period of only 9 months. You can cover the cost of your pregnancy and deliver only if it is planned ahead since the waiting period is usually 36-48 months except in group policies. The only plan with a lesser waiting period of only 12 months is Oriental Insurance Universal Health Insurance Scheme. However they provide for only Rs 2500 for normal deliveries and Rs 5000 for c-section deliveries. Since this is a very small amount for the huge maternity expenses, you need to venture out other options. There are quite a few Health Insurance Products which offer great Maternity Benefits. Among them you can definitely consider: 1.Star Health Wedding Gift Insurance Policy, where along with delivery, even post-delivery complications for the mother and child, pre-natal and post-natal expenses, foetus disorder tests, etc. are paid for. The waiting period for Maternity Benefit is 36 months, however it is reduced to 24 months if the policy is taken for a period of 4 years. This is a policy which is designed especially for women and a must for maternity care. 2. Max Bupa Heartbeat Insurance Plan, where 2 deliveries are covered. They also cover New Born Babies and First Year Vaccinations. The waiting period for Maternity Benefit is 24 months, i.e. if you are planning for a child after 2 years, you should purchase the health insurance plan today for you to get cover for Maternity Expenses. 3. Apollo Munich Easy Health Insurance Plan has a waiting period of 48 months.. Submit Reply to this Did you find this useful? 0 0
