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Discover how pregnancy insurance plans can financially support your parenthood journey
While it is a joyous moment, unexpected medical costs during pregnancy or childbirth can derail your financial plans. Maternity insurance plans provide peace of mind when you initiate family planning. These provide extensive coverage for all your pregnancy-related medical expenses. These include hospitalisation charges, pre- and post-natal care, and newborn baby expenses.
On Bajaj Markets, you can get health insurance plans at affordable premiums starting from ₹1,188/year. This helps you manage your maternity-related expenses seamlessly.
As a would-be parent, you need to be prepared for all expenses that come your way during pregnancy. Here is a brief overview of pregnancy insurance plans:
It covers the expenses of hospitalisation and preventive care for expecting mothers and their newborn.
Some companies also allow you to opt for a health insurance pregnancy cover as a rider in your existing policy.
While childbirth is a joyous occasion, it can become a financial stress due to rising medical costs. A pregnancy insurance policy typically covers the following expenses:
Covers both natural and C‑section deliveries, including surgeon fees, operation theatre, anaesthesia, and associated medical staff costs.
Includes prenatal check‑ups, diagnostic tests, prescribed medications before delivery, and postpartum care for both mother and baby.
Covers hospital stays of 24 hours or more, including room rent (standard/ICU), nursing, blood/oxygen, and surgeon fees.
Extends care to the newborn, typically up to 90 days, covering hospitalisation, vaccinations (up to 1 year), mandatory treatments and ventilator support if needed.
Covers medical costs incurred before admission and after discharge, such as diagnostics and medications—subject to plan‑specific limits
Before you get this policy, it is crucial to understand what they do not cover. Check out the list of common exclusions from maternity insurance policies.
Any pregnancy‑related expenses (e.g. delivery, prenatal or postnatal care) incurred during the initial waiting period—usually ranging from 9 months to up to 3 years—are not eligible for reimbursement.
Pregnancies existing at the time of policy purchase are treated as pre‑existing, and associated claims—including complications like gestational diabetes or hypertension—are excluded until the waiting period is over.
Costs for fertility-related interventions such as IVF, ART, or sterility treatment are excluded and not covered under maternity benefits.
Expenses for regular antenatal check‑ups, outpatient consultation fees, diagnostic tests before delivery, and dietary supplements or tonics are typically outside coverage.
Non‑medical baby items (e.g. diapers, blankets, clothes), procedures not approved by medical authorities (e.g. prenatal gender tests), and treatment complications from unrecognised methods are excluded.
As everyone’s medical needs can be different, finding the right policy is crucial. Here are some other health insurance plans available on Bajaj Markets.
Insurance Company |
Claim Settlement Ratio |
Network Hospitals |
|---|---|---|
Bajaj Allianz General Insurance |
95.99% |
18,400+ |
ICICI Lombard Health Insurance |
97.16% |
10,300+ |
Aditya Birla Health Insurance |
92.97% |
13,000+ |
CARE Health Insurance |
92.77% |
13,000+ |
HDFC ERGO Health Insurance |
99.16% |
15,000+ |
SBI General Insurance |
97.05% |
16,000+ |
TATA AIG Health Insurance |
95.43% |
12,000+ |
Reliance General Insurance |
99.57% |
10,000+ |
NIVA BUPA Health Insurance |
92.02% |
10,000+ |
Zurich Kotak General Insurance |
89.00% |
7,000+ |
United India General Insurance |
96.33% |
14,000+ |
Disclaimer: The data in the above table is subject to change. Please refer to the respective health insurance cmpany’s official website for most current data on CSR & network hospitals.
No. Pregnancy at the time of purchasing the pregnancy insurance plan is considered a pre‑existing condition. Health insurance pregnancy cover will not activate immediately, and claims cannot be filed until the maternity waiting period has passed.
Premiums for a pregnancy insurance plan are based on factors such as your age, health status, sum insured, deductibles, location, and add‑on benefits. Insurers assess these to manage risk and price your health insurance pregnancy cover accordingly.
You can technically buy a health insurance pregnancy cover while pregnant, but maternity benefits won’t be available during the waiting period and the pregnancy will be treated as pre‑existing, making claims inadmissible until the waiting period ends.
No. In India, standalone pregnancy insurance plans always have a waiting period—typically 9 to 24 months. Only group or employer‑provided health insurance sometimes offer pregnancy cover with zero waiting period.
Most pregnancy cover policies allow claims for two live births. A few pregnancy insurance plan variants may cover up to three childbirths or pregnancy terminations, subject to sum insured and policy terms.
Typically, women aged 18–45 purchasing a pregnancy insurance plan before conception can avail health insurance pregnancy cover. Benefits only apply after the waiting period is served, and eligibility depends on insurer‑ defined terms.
Yes. Most pregnancy insurance plans extend newborn coverage—often up to 90 days—with care including hospitalisation, vaccinations, tests, and medication for the baby under the pregnancy cover policy.
No. Premiums paid for maternity health insurance (pregnancy insurance plan or health insurance pregnancy cover) qualify for tax deduction under Section 80D of the Income‑tax Act under the old regime.
Yes. Most standard plans allow coverage for a second childbirth, provided the policy sum insured has not been exhausted and it falls within the maximum number of lives supported by the pregnancy cover policy.
Yes. Both husband and wife can claim maternity benefits if both are covered under separate pregnancy insurance plans or as individuals in the same policy. Pregnancy health insurance plan claims remain individual based.
None in the retail market. Zero‑month waiting periods are only available via corporate or group health insurance policies offered by employers—not standard pregnancy insurance plans.
Some do, but only if explicitly opted via a pregnancy insurance plan or rider. Standard health policies generally exclude maternity cover unless it is added at purchase, subject to waiting periods.
Yes. Many insurers and aggregators allow you to purchase pregnancy cover policy online. You select your age, coverage, waiting period, and pay premium digitally to obtain your health insurance pregnancy cover virtually.
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