Ditto

Maternity Benefits

You are thinking of having kids. But you know you'll have to plan for it in advance. The first order of business is to make arrangements for childbirth - when you will have to visit the hospital and get the baby delivered. You know getting there won't be a problem, but the hospitalization could turn out to be an expensive affair. But what if you could offset this by opting for an insurance policy that covers this cost? It looks like a solid idea. But alas… This plan has some issues.

For starters, the insurer knows for certain that they'll have to bear this expense in the event you decide to have kids. And since most people have at least one kid, the insurer will most likely have to pay up. So, many companies simply don't offer the benefit. The ones that do will make sure they are adequately compensated.

So they'll push the premiums way higher. Or they'll tell you they'll only cover a small part of the expense. Or sometimes, they'll only offer it in a family plan and make sure both you and your spouse are covered - in which case one of you is opting for the benefit even if you won't be hospitalized for a maternity-related matter.

There is no free lunch in this world. And while it's all good if your insurer does cover this expense, make sure you don't end up paying ridiculously high premiums just to avail this benefit. It might not be worth it.

If you need help shortlisting a good Health policy for your family , text us on Whatsapp.

Ditto

With Ditto, you don't just compare insurance. You understand it. Narrow down choices. Avoid pitfalls and make better decisions.

Made with by Finshots


Finshots © 2021. All Rights Reserved.

Disclaimer : The information contained in this website is presented purely for information purposes only provided as service to the internet community at large. It does not constitute insurance advice and we do not guarantee the accuracy, adequacy or the completeness of the information contained here.


Get in touch: support@joinditto.in | +91-8095656931
Tacterial Consulting Private Limited
CIN: U74999GJ2018PTC103398
IRDAI Registered Corporate Agent (Composite) License No CA0738 valid till 9th December 2023