My husband and I are planning our finances for the baby's arrival. I was wondering how much of the delivery and check-up costs pregnancy insurance usually covers in India. Any experiences with this would be helpful.
Haha, I wish they covered the cost of all my midnight ice cream cravings too! Usually, maternity insurance has a limit of 50k to 1 lakh, so check your policy's waiting period first before planning the hospital spend.
Maternity insurance can be a blessing, but please check the terms very carefully, especially regarding pre-existing conditions or any complications. I learned to keep some cash backup just in case of emergencies because you never know what might happen.
I recently delivered my baby and our insurance covered around 50,000 rupees for my C-section. The hospital TPA desk handled the cashless part directly, but we still had to pay about 15k out of pocket for baby's consumables and vaccines.
I totally understand how stressful it is to plan all these expenses while preparing to welcome your sweet baby. Most insurance covers standard delivery costs, but please check with your HR or agent about the waiting period so you have peace of mind.
With two babies, my hospital bills were double the fun, haha! Most corporate policies cover maternity up to 50k for normal and maybe 75k for C-section, but definitely read the fine print because some have a 2-3 year waiting period.
I'm in my 3rd trimester, too tired to read legal documents, but my husband found out our corporate policy covers up to 60k. It barely covers half the cost in big city hospitals, so definitely start keeping some separate savings!
