Top 10 Maternity Insurance Plans in India
Updated On Sep 22, 2020
Maternity Insurance - Motherhood is one of the most important phases in a woman’s life that takes her through the magical journey of becoming a mother. It prepares both the parents to embrace the child. But the journey also involves good financial backing so that the parents are able to meet the requirements of growing a baby which may include delivery costs, hospital stays, expenses related to medicines, etc. To make the journey less pressurising for you, there are many health insurance as well as general insurance companies that offer maternity insurance policies at affordable premiums. On getting yourself a maternity insurance cover, you can easily cope with the financial stress that comes along with raising a child.
What are Maternity Insurance Plans?
Maternity health insurance is a type of insurance that provides you coverage against maternity and other supplementary expenses. Maternity insurance covers you against all expenses related to baby delivery options i.e. normal and caesarean. There are several health insurance plans in India that offer maternity cover as an additional rider or add-on cover, that help you minimise your financial burdens by covering you against many healthcare expenses. These include expenses related to pre-hospitalisation and post-hospitalisation, surgeon fee, nursing and boarding, room rent, and doctor’s consultation.
To gain deeper insights about these plans, here we present to you a list of top 10 maternity insurance plans along with their features:
|
Name of the Insurance Company |
Plan Name |
Entry Age Criteria |
Sum Insured (in Rs.) |
Coverage Benefits |
|
HDFC Ergo Health Insurance |
Easy Health Premium Plan |
91 days - 65 years |
4 lakh - 50 lakh |
Pre-hospitalisation and post-hospitalisation expenses, newborn baby cover, as an add-on, maternity cover for both normal and cesarean delivery, etc. |
|
ManipalCigna Health Insurance |
ProHealth Insurance Plan |
91 days - no limit |
2.5 lakh - 1 crore |
Organ donor expenses, worldwide cover, maternity, newborn, first-year vaccinations, and pre-hospitalisation and post-hospitalisation expenses, etc. |
|
Aditya Birla Health Insurance |
Activ Health Enhanced Plan |
91 days - no limit |
2 lakh- 2 crore |
Maternity expenses, pre-hospitalisation and post-hospitalisation expenses, in-patient hospitalisation expenses, road ambulance expenses, daycare procedures, free health check-up, etc. |
|
Bajaj Allianz General Insurance |
Health Guard Family Floater Plan |
3 months- 65 years |
1.5 lakh - 50 lakh |
Ayurvedic and homeopathic treatment expenses, bariatric surgery expenses, 10% cumulative bonus benefit for every claim free year up to 100%, daycare treatments, etc. |
|
Royal Sundaram General Insurance |
Total Health Plus Plan |
91 days - 65 years |
3 lakh - 10 lakh |
In-patient hospitalisation expenses, out-patient expenses, emergency ambulance expenses, daycare expenses, pre-hospitalisation and post-hospitalisation expenses, etc. |
|
Care Health Insurance |
Joy Plan |
Day 1 - 65 years |
3 lakh - 5 lakh |
Pre-hospitalisation and post-hospitalisation expenses, in-patient hospitalisation expenses, daycare treatment expenses, ambulance expenses, etc. |
|
HDFC Ergo General Insurance |
My: Health Suraksha Plan |
91 days - no limit |
3 lakh - 75 lakh |
Organ donor expenses, pre-hospitalisation and post-hospitalisation expenses, road ambulance expenses, in-patient hospitalisation expenses, etc. |
|
Magma HDI General Insurance |
One Health Policy |
91 days - 65 years |
2 lakh - 50 lakh |
Maternity, newborn baby, vaccination, AYUSH treatment, worldwide emergency cover, pre-hospitalisation expenses, post-hospitalisation expenses, homecare treatment with daily cash benefit, etc. |
|
Universal Sompo General Insurance |
Complete Health Insurance Policy |
Day 1 - 70 years |
1 lakh - 10 lakh |
Hospitalisation expenses, OPD expenses, AYUSH treatment expenses, domiciliary hospitalisation expenses, pre-hospitalisation and post-hospitalisation expenses, etc. |
|
Future Generali India Insurance |
Health Total Policy |
Day 1 - no limit |
3 lakh - 1 crore |
Maternity expenses, pre-hospitalisation and post-hospitalisation expenses, daycare treatments, organ donor expenses, e-opinion in specific cases, etc. |
- Easy Health Premium Plan by HDFC Ergo Health Insurance: Easy Health Premium Plan is an amazing insurance policy for women who are looking to get their health insurance. Available for a term of 1 year and 2 years, the policy can be purchased for sum insured options ranging between Rs. 4 lakh to Rs. 50 lakh. The policy offers many coverage benefits such as pre-hospitalisation and post-hospitalisation expenses for up to 60 days and 90 days respectively, newborn baby cover as an additional benefit on payment of additional premium, maternity cover for both normal and cesarean delivery (including before and after childbirth procedure), thereby making it a preferred choice for many women.
- ManipalCigna ProHealth Insurance Plan: ProHealth insurance policy offers complete solutions to all your health insurance requirements. The policy comes in different variants namely ProHealth Protect, ProHealth Plus, ProHealth Accumulate Large Cover, ProHealth Preferred, and Prohealth Premier which are available with a sum insured range starting from Rs. 2.5 lakh and going up to Rs. 1 crore. The policy offers you cover against donor expenses, worldwide cover, maternity, newborn, first-year vaccinations, and pre-hospitalisation and post-hospitalisation expenses. You can also purchase value-added and optional covers, like deductible, critical illness, cumulative bonus, etc. along with the policy and extend your coverage.
- Aditya Birla Activ Health Enhanced Plan: Aditya Birla Activ Health Enhanced plan is a premium variant of Activ Health plan offered by Aditya Birla Health Insurance. The plan offers extensive coverage for up to Rs. 2 crore of the sum insured and also offers rewards at the same time for staying fit. You can enjoy maternity cover under this policy by paying an extra premium. Other benefits that the policy covers for include pre-hospitalisation and post-hospitalisation expenses for up to 60 and 180 days respectively, cover for in-patient hospitalisation expenses, road ambulance expenses, daycare procedures, free health check-up, expenses related to organ harvesting, etc.
- Bajaj Allianz Health Guard Family Floater Plan: Health Guard Family Floater plan is a comprehensive health insurance policy that offers maternity cover at affordable premium. The policy covers people aged between 3 months and 65 years for sum insured options ranging between Rs. 1.5 lakh and Rs. 50 lakh. Available in two plan variants, the policy offers many benefits including maternity and newborn baby cover for a maximum of 2 deliveries. Other benefits offered under the policy include ayurvedic and homeopathic treatment expenses, expenses related to bariatric surgery, 10% cumulative bonus benefit for every claim free year up to 100%, cover for daycare treatments, and pre-hospitalisation and post hospitalisation expenses.
- Royal Sundaram Total Health Plus Plan: Total Health Plus policy is a perfect health insurance policy that protects individuals and families from healthcare expenses. The policy covers people aged between 91 days and 65 years for sum insured options ranging between Rs. 3 lakh and Rs. 10 lakh. The policy offers you maternity benefit for up to 10% of the sum insured subject to a maximum of Rs. 30,000 (under Gold Plus plan) and Rs. 50,000 (under Platinum Plus plan) which you can avail after completing a waiting period of 3 years. Any complications occurring due to pregnancy will be covered under this extension only, and the specified limits will be applied. Apart from maternity cover, the policy offers you cover for in-patient hospitalisation expenses, out-patient expenses, emergency ambulance expenses, daycare expenses, pre-hospitalisation and post-hospitalisation expenses, and so on.
- Joy Maternity Insurance Plan by Care Health Insurance: Joy health insurance policy is another maternity-oriented health insurance policy that offers extensive coverage at affordable premium. The policy comes in two variants namely Joy Today and Joy Tomorrow. The policy covers people aged between 1 day and 65 years against several healthcare expenses such as pre-hospitalisation and post-hospitalisation expenses for up to 30 days and 60 days respectively, in-patient hospitalisation expenses, daycare treatment expenses, and ambulance expenses. If covered under this policy, you can avail of maternity expenses by completing a short waiting period and extend coverage for a newborn baby as well. In short, it is a comprehensive health insurance policy that covers you for most maternity expenses.
- HDFC Ergo My: Health Suraksha Plan: HDFC Ergo My: Health Suraksha is designed for people of all age groups to offer them protection against healthcare expenses. The policy comes in three variants namely Silver Smart, Gold Smart, and Platinum Smart plans. Available with sum insured options ranging between Rs. 3 lakh and Rs. 75 lakh, the policy renewable for a lifetime. The policy comes with several add-on benefits and parent and child care cover-Booster is one of them. You can purchase this add-on cover by paying an extra premium and seek coverage against expenses arising due to pregnancy, infertility treatment, and childbirth. Other expenses that the policy protects you against are organ donor expenses, pre-hospitalisation and post-hospitalisation expenses, road ambulance expenses, in-patient hospitalisation expenses, etc.
- Magma HDI One Health Policy: One Health Policy covers people aged between 91 days and 65 years on an individual as well as family floater basis. The policy comes in several variants namely Support, Support Plus, Shield, and Premium that offer a different sum insured option ranging between Rs. 2 lakh and Rs. 50 lakh. It offers you lifetime renewability benefit and covers you against several healthcare expenses such as expenses incurred on maternity, newborn baby, vaccination, AYUSH treatment, worldwide emergency cover, pre-hospitalisation expenses, post-hospitalisation expenses, homecare treatment with daily cash benefit, and e-opinion for critical illness. Also, like other health insurance policies, this policy offers you tax benefits as well as the premium paid under Section 80D of the Income Tax Act. 1961.
- Universal Sompo Complete Health Insurance Policy: Complete Health Insurance Policy is offered to individuals and families aged between day 1 and 70 years. The USP of the policy is that it can cover up to 13 relationships. The policy not only covers you against maternity expenses, but also offers you basic coverage benefits such as cover for hospitalisation expenses, OPD expenses, AYUSH treatment expenses, domiciliary hospitalisation expenses, and pre-hospitalisation and post-hospitalisation expenses. The sum insured options available under this policy range between Rs. 1 lakh and Rs. 10 lakh. The policy also offers add-on benefits that you can buy by paying an additional premium to get extra coverage. These add-on benefits include critical illness cover, hospital daily cash, sub-limits, personal accident, and treatment only in tiered hospitals.
- Future Generali Health Total Insurance Policy: Health Total insurance policy is a comprehensive health insurance policy that offers you long-term coverage at an affordable premium. The policy is available in three variants namely Vital, Superior, and Premium, all of which offer different sum insured options ranging between Rs. 3 lakh and Rs. 1 crore. Apart from maternity expenses, the policy also covers you against pre-hospitalisation and post-hospitalisation expenses, daycare treatments, organ donor expenses, e-opinion in specific cases, and so on. The policy also offers an add-on benefit of accidental hospitalisation that you can opt voluntarily as per your requirements. Buying this policy is easy as it allows you to pay monthly, quarterly, and half-yearly installments.
To experience a stress-free pregnancy, one can choose any of the above-mentioned maternity insurance policies. These maternity insurance policies not only take care of the insured and the newborn, but also ensure that the arrival of the new member does not shake the financial stability of the family.
To buy any of these maternity insurance policies, you can get in touch with the customer care executives at InsuranceDekho and follow the instructions. The executives will not only guide you through the entire buying process but also explain the policy features in detail so that you can make the best use of your maternity insurance policy.
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.
