A 3-year single premium plan, it is the first prenatal plan in Singapore that covers early delivery by caesarean section for pregnant mothers. AXA HappyMummy is a prenatal bundle that ensures peace of mind protection during your maternity and from life's complications for your newborn. Before we get into the nitty-gritty of maternity insurance plans and what they cover, you should first get a better understanding of what MediShield Life and our Integrated Shield Plans provide. Here’s a complete guide to answer all your questions. There is a longer application timeframe for the Great Eastern Flexi Maternity Cover. © Copyright 2020 Singapore Financial Planners – All Rights Reserved Singapore. Our health insurance plans provides cover for the maternity costs and provides coverage at any facility Your coverage can start as early as the 13th week of your pregnancy and continues for 30 days after childbirth. In Singapore, most insurance for pregnancies covers similar complications that the expectant mother might face and also congenital illness faced by newborns. As an incentive, you also receive an exclusive $108 premium voucher which can be used to offset the initial premium of a new eligible plan. Postpartum haemorrhage that requires hysterectomy, Choriocarcinoma and malignant hydatidiform mole, Trancheo-esophageal fistula or esophageal atresia, Incubation immediately after birth for more than 3 consecutive days, Phototherapy or blood transfusion for severe neonatal jaundice, Surgical site infection following caesarean section, Uterine infection or transfusion due to retained placenta following childbirth, Investment-linked pregnancy insurance plans, Life Insurance/Endowment bundled maternity plans. You (or your spouse) will need to sign up for one of Aviva’s other insurance plans to be eligible to purchase this policy. Eligible plans include savings, critical illness, health, life, protection and retirement plans. If you’re late to the game, you can still purchase this policy up until the 40th week of pregnancy. Pacific Prime Singapore’s Maternity Insurance Guide 2019. So think of your maternity coverage when you subscribe to your health insurance. You can choose to buy an individual or family health plan with a maternity rider or top up your employee health insurance plan. Again, there are still plans in the market that still provide coverage for these special bundles of joy. Great Eastern Flexi Maternity Cover is a standalone, single premium maternity insurance plan that provides death and total and permanent disability (TPD) coverage, on top of eight types of pregnancy complications and 18 congenital illnesses. If you’re looking to properly distribute your assets after you pass on, legacy planning is what you need. You will need to conduct a proper analysis of your current financial portfolio before deciding what is suitable for you. Your personal and financial data stays safe through 2-factor authentication. You are going through one of the most exciting times of life. With the purchase of Manulife ReadyMummy, you also enjoy the option to purchase any eligible plan(s) offered by Manulife within 90 days from the birth of the child with no health questions asked. Here are some key consideration points you need to know before deciding. The coverage provided for the newborn could last longer, depending on the plan you purchase. MaxMaternity Care by OCBC is available in two packages: Do you want to have extra savings for your child in the future? Do note that pregnancy as a result of IVF is not covered and mothers expecting more than two foetuses are not eligible. If you’re thinking of having a new baby, you’ll have a lot on your mind, especially if you’re travelling, studying or moving abroad.You’ll want to know all your options, in terms of your general healthcare, and the care you’ll need during and after pregnancy – when it matters most. This is a great question that many of our clients ask us. This does come with an additional premium, although it is a small price to pay should complications arise. Keep in mind that age is also an eligibility criteria, with insurers requiring the mother to be between the ages of 18 and 45. Love it.” ”, Discover for yourself the most suitable option. It covers inpatient treatments for serious pregnancy and delivery-related complications, including eclampsia, postpartum haemorrhage and more. Here’s the list of serious pregnancy and delivery-related complications covered by MediShield Life for inpatient treatment. Maternity Insurance in Singapore cannot be purchased on its own, as a separate insurance policy. The 13-week mark is the end of the first trimester – when the pregnancy is more stable – as up to 80% of miscarriages occur in the first trimester. Maternity coverage is always an option for basic health coverage, which will also cover hospitalization (inpatient) and general practitioner and specialist (outpatient). Premium (for 30 year old mother): $869 for $10,000 sum assured. You should purchase your maternity insurance as early as possible, so that the plan can help to protect against any complications that might arise throughout the course of the pregnancy. There is also an upper band to this limit. These complications often require greater medical care. Lastly, there are standalone plans that are term plans that will provide you and your newborn coverage for as long as the policy is still in force. This plan also offers up to $200 hospital care benefit (intensive care unit or high dependency unit) per day for up to a maximum of 30 days. Expectant mothers can generally purchase these plans between the 13th week of their pregnancy period to a month after childbirth. There are also policies that bundle maternity insurance with life insurance or endowment plans. Newborns who are diagnosed with any of the congenital illness are also liable for a lump sum cash payout by the insurance company. This type of insurance addresses the medical costs related to giving birth. What do these other plans provide coverage for? Singapore Financial Planners shall not be held liable for any inaccuracies, mistakes, omissions, and losses incurred should you purchase any financial products listed on this website. drwealth.com/maternity-insurance-singapore/. Maternity insurance in Singapore is a separate type of coverage from what normally comes with health insurance coverage, and is purchased as an add-on benefit on top of your health insurance plan. On the flip side, if your baby is perfectly healthy, you can easily purchase insurance plans for them in the future, subject to medical underwriting. Leveraging our 20+ years of experience, our team of experts at Pacific Prime Singapore has curated this annual guide to shed light on the current state of maternity and maternity insurance in the Lion City. Maternity insurance plans must be purchased as an addition to your existing medical insurance policy. However, this coverage only applies if it is a listed pregnancy complication condition, such as pre-eclampsia and eclampsia. Otherwise, you will only be able to subscribe to maternity coverage at the time of your renewal, 1 year later. Whether you’re ready to be a mummy or not, you can purchase the Manulife ReadyMummy plan to enjoy coverage for 14 pregnancy complications, including miscarriage due to accident. We explain to you what it is and whether you should keep it. 10 popular maternity hospitals in Singapore. Your IP also does not cover the newborn and you can only apply for insurance for your baby when they are born. A 3-year single premium plan, it is the first prenatal plan in Singapore that covers early delivery by caesarean section for pregnant mothers. AIA’s Mum2Baby Choices. If you do not have other investment plans, getting and investment-linked policy would also be beneficial for you and something that you should consider.