Several insurance policies cover the medical expenses of a newborn child from the day of delivery till they are 90 days old. These newborn baby health insurance policies cover neonatal complications, infant care costs and sometimes, medical check-ups and vaccinations.
Newborn babies are more prone to being sick as their immune system is initially weak. With a health insurance cover, parents can focus on providing them extra care and attention without being worried about the costs of medical care.
There are a handful of newborn baby health plans in India besides some maternity insurance and family floater plans that cover newborns. In the following sections, we will look at the best insurance policies for newborn babies in India and their features.
|Name of Plan||Newborn Baby Cover||Policy Coverage|
|Max Bupa Heartbeat Platinum||Up to Rs. 100,000||Day 1 to policy year-end|
|Bajaj Allianz Health Guard Insurance Policy||Rs. 25,000 to Rs. 35,000 as maternity cover||Day 1 to 90 days old|
|HDFC Ergo Health Easy Health Insurance Policy||Additional benefit on payment of extra premium||Day 1 to 90 days old|
|Royal Sundaram Lifeline Policy||25% of the sum insured||One year from Day 1|
|ICICI Lombard Complete Health Insurance Policy||Up to Rs. 10,000||Day 1 to 91 days old|
|Digit Health Insurance with Maternity Cover||Sum insured||Day 1 to 90 days|
|Tata AIG Medicare Premier Plan||Up to Rs. 10,000||Up to 90 days|
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.
This provides newborn baby cover 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 caesarean deliveries. It covers post-birth complications and expenses for mandatory vaccines.
It offers newborn baby cover 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.
The newborn baby cover for this general medical insurance scheme covers 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 maternity policy of this health plan covers medical expenses for delivery, caesarean 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.
Also Read – https://navi.com/blog/maternity-insurance/
The following table lists some of the best insurance policies for newborn babies in India.
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.
Option to upgrade
Many insurers allow you to upgrade to a child plan once the newborn baby’s cover is over.
One needs to have the following documents in place for a newborn baby’s health policy:
There are two ways to claim a medical insurance policy:
Step 1: Choose one of the network hospitals covered by your insurer/TPA (Third Party Administrator) for admission.
Step 2: At the time of admission, fill out and submit a pre-authorisation form at the TPA counter.
Step 3: Next, submit all the documents asked by the TPA agent, including policy and KYC documents.
Step 4: The insurer will receive all the documents and approve the cashless treatment.
Step 1: First, inform your insurer or TPA that you will get admitted to a hospital for treatment.
Step 2: After getting discharged, have the hospital sign and attest all the medical bills and prescriptions.
Step 3: Also, remember to collect the discharge certificate/summary.
Step 4: Fill out the claim form and get it signed by your consulting doctor.
Step 5: Submit all the original copies of hospital bills, pharmacy bills, medical reports, etc.
The best insurance policies for newborn babies in India cover everything from hospital bills, 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 of the best treatment for your baby.
With Navi Health Insurance, you can get complete coverage, including hospitalisation expenses, daycare procedures, ambulance cover, maternity cover and newborn baby expenses. Download the Navi App from Google Play Store to buy a policy in less than five minutes.
Ans: Yes. Always remember to check the terms and conditions of the plan to make sure it covers all your requirements.
Ans: Yes. Newborn babies can be covered under a family floater policy having maternity cover.
Ans: Depending on the insurer, this type of policy usually covers necessary medical treatment of the baby, vaccination charges, congenital disorders, etc.
Ans: 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.
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