As an add-on information for the post “NTUC Maternity 360 plan VS GE Flexi Maternity plan”, I came up with this 1-minute overview of the two plans so that you can have a better understanding of the two standalone maternity insurance in the market!
Frequently asked question by parents who have bought these plans?
If my insured child were to be incubated for 3 days, how much is payable according to hospital care benefit?
Answer: Nothing is payable. Benefits only apply if baby is incubated for more than 3 days.
Hypothetically, if your insured child was born on 1 June, and was in incubation from 1 to 10 June, the entire 10 days will be calculated for claims (Not 7days).
1. The sum assured limits for child and mother are separate. Hence, child benefits continue till policy term ends, irrespective of claims made to benefits on the mother.
2. For your Newborn, the congenital illness benefit, the death benefit and the hospital care benefit can all payable if the respective requirements are met.
These two maternity plans only require a single premium while providing benefits that can last for 3years. It is a policy worth considering if you are awaiting a newborn baby soon.
The views and opinions expressed in this article are those of the author and do not represent the views of any other organisation.
Last updated on April 23rd, 2019 at 11:20 pm