RESUME APPLICATION PAY PREMIUM
Fund Performance

Fund Performance

Knowledge Center

Knowledge Center

About Us

About Us

Tools and Calculators

Tools & Calculators

Quick links

Mobile (Download app)
  • Webpages
  • Documents
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment

For NRI Customers

(To Buy a Policy)

(If you're our existing customer)

For Online Policy Purchase

(New and Ongoing Applications)

Branch Locator

For Existing Customers

(Issued Policy)

Fund Performance Check

RESUME APPLICATION PAY PREMIUM

What do you want to do?

Quick links

Mobile (Download app)

Download HDFC Life App

Buy plans, track your policy, make renewal payments & monitor fund performance with HDFC Life App, Download Now!

Apple Logo Go to Google Play Store

Benefits of Maternity Insurance for Pregnant Women

down-arrow
Benefits of Maternity Insurance for Pregnant Women
August 30, 2022
 

Motherhood is one of the most basic and the most fulfilling experiences in a woman's life. The experience of bringing a new life in this world is unparalleled and for couples, this marks the beginning of a new phase in their lives. With this event, a whole new set of responsibilities comes into their lives and the newborn becomes the center of existence for the parents. It all actually begins very early, right from the phase of conception to the seeking of eventual medical attention and aid. These days, the costs of living have affected almost all the domains of our existence and when it comes to maternity and the requisite medical assistance, the costs have become humungous.

Maternity is a blissful phase of life and the last thing anyone wants is to let the medical costs become a burden on your finances. Earlier, maternity was considered to be in the ambit of general insurance coverage and as such, the options for coverage were limited in scope and spirit. However, owing to the rapid expansion of this industry as a whole and the increased sense of customer-centric focus, different insurers no offer maternity insurance policies with diverse benefits and features that address the wide coverage requirements during maternity. These policies can be purchased by couples who are looking forward to parenthood and even by expecting mothers. The best part about maternity-specific insurance policies is that these policies do not have any waiting period (unlike general policies which may have a waiting period of up to 1 year before the maternity benefits can be disbursed).

Buy Term Plans


The benefits of maternity insurance for pregnant women are extensive and following factors can help us in getting a better understanding:

  1. Coverage benefits:

    As a pregnant woman, you are entitled to many pre-natal tests, medical procedures and may require hospitalization. In addition, there is a significant coverage required in the event of caesarian section for child birth and many post-natal tests and recuperation. Having a maternity insurance plan implies that you have the due coverage and don't have to pinch your savings during this period.

  2. Additional benefits:

    A general insurance policy may not offer any coverage in case of any complications arising from child birth. This is why maternity specific insurance plans offer a solution. Insurers these days offer maternity insurance plans with multiple riders which have an impact on the payable premiums. However, generally, maternity plans cover the complications in the main plan and as such you are entitled to additional coverage without any extra costs involved.

  3. Coverage for the newborn:

    Maternity insurance plans offer the additional coverage for your newborn up to a certain period of time. This covers the medical bills, any congenital conditions, diseases etc.

  4. Transportation benefits and extra coverage options:

    Generally, maternity insurance policies cover benefits like ambulance charges, nursing fee, etc. This not only means that your extra requirements are covered but also indicate a financially stress free maternity for you.

HDFC Life offers HDFC Life Smart Woman Plan - a woman centric plan that offers extensive financial benefits and allows your finances to grow for the future. For details, click on the mentioned link: https://www.hdfclife.com/women-insurance-plans/smart-woman-ulip-plan.

Related Articles:

Show Full Article
Hide Full Article

Term Plan Articles Term Plan Articles

Investment Articles Investment Articles

Savings Articles Savings Articles

Life Insurance Articles Life Insurance Articles

Tax Articles Tax Articles

Retirement Articles Retirement Articles

ULIP Articles ULIP Articles

Health Plans Articles Health Plans Articles

Child Plans Articles Child Plans Articles

Popular Calculators Popular Calculators

Francis Rodrigues Francis Rodrigues

Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.

LinkedIn profile
Author Profile Written By:
Vishal Subharwal Vishal Subharwal

Vishal Subharwal heads the Strategy, Marketing, E-Commerce, Digital Business & Sustainability initiatives at HDFC Life. He is responsible for crafting and ensuring successful implementation of the overall organisation strategy.

LinkedIn profile
Reviewed By Reviewed By:

Here's all you should know about life insurance.

We help you to make informed insurance decisions for a lifetime.

Blue Chip Fund

Blue Chip Fund

"Blue chip fund invests in stocks / shares of well-established companies with credible financial performance, market capitalization & steady payout of dividends."

Diversified Equity Mutual Funds

Insurance Overload: Are You Hoarding Policies Instead of Securing Your Future?

Single Premium Term Insurance: Meaning, Benefits & Types

Explore the details of a Single Premium Policy in term life insurance. This guide provides insights into its meaning, benefits, and types, offering a comprehensive overview.

Single Premium Term Insurance: Meaning, Benefits & Types
Start Your New Life on the Right Foot with Term Insurance Previous
Insurance for NRIs - what to choose Next
HDFC life
HDFC life

HDFC Life

Reviewed by Life Insurance Experts

HDFC LIFE IS A TRUSTED LIFE INSURANCE PARTNER

We at HDFC Life are committed to offer innovative products and services that enable individuals live a ‘Life of Pride’. For over two decades we have been providing life insurance plans - protection, pension, savings, investment, annuity and health.

Popular Search

Popular Searches