Maternity Insurance Specialists

As with many types of health insurance, those looking for maternity insurance coverage are confronted with many options, all of which seemingly offer different things. As Seek2Insure we understand the subtle differences between cover options, and match our client requirements to what is on offer in the market. Transparency is key so that you are fully aware of what is covered, and what is not covered, as you embark on building your family in Thailand.

Coverage for standard maternity expenses is relatively easy to come by. Lot’s of plans will cover maternity to some degree. Choosing a plan involves estimating the total pre-natal and birthing expenses at your chosen hospital, and then choosing an insurance solution which will cover that amount. For people who have a regular pregnancy, such plans are perfectly adequate to make sure costs are covered and you are not left out of pocket. Unfortunately standard maternity options have areas of missing cover, which policy holders need to be aware of when taking out these cover options. These areas of key consideration can be summarised below.

1. Complications. What cover is in place if things go wrong during your pregnancy? Complications cover may not be included in a standard maternity benefits schedule.
2. Newborn Addition. Will you be able to add your newborn baby into your plan? If so, will the newborn be underwritten? Underwriting will mean that any conditions apparent with the baby at birth will not be covered ongoing. Thus, a plan which does not underwrite a newborn would be preferential.
3. Waiting periods. Maternity insurance is always subject to a waiting period. This is a period of time you need to go through before any claims for maternity can be eligible for coverage. Waiting times are a crucial part of family planning, especially when you are planning on an insurance policy covering the costs.
4. Cover amount. If the plan you choose has a cap on maternity expenses, then you need to assess if it’s sufficient. This is especially the case if complications coverage is included under the headline cover limit.
5. Assisted conception. If you go down the route of assisted conception, then your choices will be more limited. Most insurers insist on underwriting assisted conception children, so this is something which needs to be considered when planning your family and your health insurance requirements.