Health insurance for newborns are crucial in today’s time. When you are a new parent, the safety of your infant is of utmost importance. Hence having an insurance plan for your newborn can help you to avail best facilities without bothering about skyrocketing costs. There are several insurance policies that provide new born baby cover from day 1 until the child is 90 days old. These policies provide coverage for neonatal complications, infant care costs, and, in some cases, medical check-ups and vaccinations. Because their immune system is weak at birth, newborn babies are more susceptible to illness. With newborn health insurance, parents can concentrate on providing extra care and attention to their children.
In the following sections, we will look at the best insurance policies for newborn babies in India and their features. Let’s dive in!
Here is a list of best health insurance for newborn in India in 2023.
|Name of Plan||Minimum Premium Price|
|Max Bupa Heartbeat Platinum||₹17,234/year|
|Bajaj Allianz Health Guard Insurance Policy||₹6962|
|HDFC Ergo Health Easy Health Insurance Policy||₹24/day|
|Royal Sundaram Lifeline Policy||₹4284|
|ICICI Lombard Complete Health Insurance Policy||₹15/day|
|Digit Health Insurance with Maternity Cover||₹276/month|
|Tata AIG Medicare Premier Plan||₹15/day|
In case you’re looking for a comprehensive health insurance policy with tons of benefits, try Navi Health Insurance. With Navi Health insurance you could get a cover of up to Rs.1 crore* and enjoy cashless claims in over 10,000 network hospitals*. Download the Navi app today and sign up for an insurance policy that aims to safeguard you and your family 24/7.
Other insurance plans that provide adequate cover for newborn babies are as follows.
Its coverage lasts from the delivery date to the end of the policy year and covers two deliveries in this period. Unlike other policies, it provides separate coverage for the newborn up to the insured sum. In addition, it covers maternity benefits and vaccinations till the baby is one year old. It is one of the best health insurance for a new born baby india.
This provides newborn baby cover from day 1 as a part of maternity coverage. It has a waiting period of 72 months and provides maternity coverage of up to Rs. 35,000 for cesarean deliveries. It covers post-birth complications and expenses for mandatory vaccines.
It offers the best insurance policy for child under its premium policy variant, with an insured sum of Rs. 3 lakh to Rs. 50 lakh. It provides delivery coverage of up to Rs. 25,000 and newborn baby coverage of up to Rs. 5000 for necessary treatment.
Its Elite plan is a comprehensive policy with many features, including newborn baby coverage. It provides 25% of the total sum insured for newborn baby cover in addition to maternity cover. The policy covers vaccination charges of up to Rs. 10,000 and newborn baby cover till the expiry date.
This health insurance for new born baby in India covers for general medical expenses of a child from the delivery date to 91 days. This is applicable only if one takes the optional maternity coverage. The policy covers delivery charges and pre and postnatal care.
The new born baby insurance policy of this health plan covers medical expenses for delivery, cesarean section, room rent, pregnancy complications and newborn cover. It covers any medical complications of the baby for up to 90 days from delivery.
This all-around health insurance plan provides a number of benefits, including a newborn baby cover. It covers up to Rs. 10,000 for necessary treatment of a newborn arising out of delivery complications.
Here are some of the advantages of buying a policy for new born baby:
Before signing up for any policy, it’s important to consider several factors.
Most insurers will have a certain waiting period during which you cannot avail the benefits of the health insurance policy. Having a shorter waiting period will allow your newborn baby to qualify for protection as soon as possible.
Some of these policies only cover expenses for necessary treatment, while others cover expenses for vaccines and other medical expenses.
With a co-payment clause, parents have to pay part of the medical bills out of their own pocket before the insurance covers the rest. Having this will allow you to pay a lower premium, while its exclusion may reduce potential medical expenses.
Some insurers cover the newborn baby from the first day of its birth. Others have a minimum threshold age as the initial days are considered risky.
Many insurers allow you to upgrade to a child plan once the newborn baby’s cover is over.
It is absolutely recommended that you get a health insurance policy with newborn baby cover. You will be able to avoid the following risks with the same:
One needs to have the following documents in place for a newborn baby’s health policy:
Buying a health insurance policy with newborn baby cover will be certainly beneficial for the whole family. A health insurance policy with newborn cover will have benefits, such as pre-hospitalisation and post-hospitalisation expense coverage, ambulance charges, daycare charges, and doctor visits. However, please note that the coverage amount will vary from one insurance provider to another, depending on the policy.
There are two ways to claim a medical insurance policy:
The best health insurance for newborn babies in India covers everything from hospital bills and pre and postnatal care to vaccination charges. With medical expenses rising day by day, you may want to get one of these to minimise the expenses of availing the best treatment for your baby.
With Navi Health Insurance, you can get complete coverage, including hospitalisation expenses, daycare procedures, ambulance cover, and more. Download the Navi app and sign up for an insurance plan that’s designed to secure your future.
Yes. Always remember to check the terms and conditions of the plan to make sure it covers all your requirements.
Yes. Newborn babies can be covered under a family floater policy having maternity cover.
Depending on the insurer, this type of policy usually covers necessary medical treatment of the baby, vaccination charges, congenital disorders, etc.
Yes. One can apply for the addition of newborn baby cover at the time of the annual renewal of the existing policy. They will need to notify the insurer to cover the baby within one week of its birth.
Newborn health insurance plans generally come with a waiting period. However, this varies from one plan to another. During this waiting period, no claims raised are acceptable. That’s why you need to add a baby cover to your existing health insurance plan to make sure the baby’s basic treatments and facilities are provided when needed.
Most insurance providers do not have plans for newborn coverage from the first day. The basic criterion for newborn baby health cover is 90 days since the baby is born. As an alternative, you can add a baby cover to your existing family floater health insurance plan.
Getting a health insurance policy for a newborn is important as it supports you to tackle financial expenses incurred for the medical tests and other necessary facilities for the infant. You can focus on nurturing your newborn instead of worrying about finances if you have an insurance plan.
You can claim insurance for a baby’s delivery if you buy a maternity health insurance plan. However these plans only cover expenses upto a certain pre-decided threshold, hence you should carefully strategise your maternity insurance plan to get maximum benefits.
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Disclaimer: This article has been prepared on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this article is for general purposes only and not a complete disclosure of every material fact. It should not be construed as investment advice to any party. The article does not warrant the completeness or accuracy of the information, and disclaims all liabilities, losses and damages arising out of the use of this information. Readers shall be fully liable/responsible for any decision taken on the basis of this article.
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