These are the best maternity insurance plans available to you in the Philippines so opt for the best suitable plan from this list and have a worry-free maternity experience.
Are you planning for a baby? Then you must sign up for the best maternity insurance in the Philippines for a hassle-free pre- and post-natal experience.
Best Maternity Insurance In The Philippines: Top 6 Insurance Providers
It is that time in your life when you’re all excited to bring a new soul into this world. That tingling sensation you get when you anticipate the birth of your child and hear the first heartbeat inside you is an incomparable emotion.
However, amidst all the joy and excitement, you may tend to forget about your hospital expenses and overall pregnancy costs. If you don’t plan in advance, you may end up spending most of your savings on delivery costs and any sudden health-related issues.
This is where a maternity insurance policy comes in.
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Maternity insurance covers most of a mother’s pre-and post-natal expenses. This includes any sudden accidents, unforeseen pregnancy, and childbirth complications, as well as other related issues. Maternity insurance also covers the newborn child.
If there are pregnancy and birth complications, maternity insurance will pay out a lump sum called sum assured. How much is paid out depends on the amount of the policy taken, the kind of complication faced, and the length of hospital stay.
A maternity insurance is a good financial protection for the mother and the baby. This provides you with security when unforeseen events like an emergency caesarean delivery or birth complications happen. When you have maternity insurance, you can be assured that you and your baby will still have the best care whatever happens.
If you’re just planning to have a baby, consider getting a pregnancy insurance now, as there is usually a waiting period before the benefits can be claimed.
You can find plenty of pregnancy insurance policies in the market but how do you choose the best one from the rest? In the Philippines, there are currently no standalone maternity insurance plans, only health insurance policies with included maternity benefits.
When consulting insurance advisors, it would help if you ask them about the following criteria:
Aside from the overall scope of the health insurance policy, zero in on their maternity benefits like pre-and post-natal care, number of pregnancy and birth complications, as well as congenital anomalies covered.
Consider the hospital where you plan on giving birth. Ensure that the sum assured covers any possible type of delivery you will have, and will cover the cost of possible complications. This way, dipping on your savings when the need arises will be one less thing to worry about.
While you may still be in the pink of health today, there is no telling how long it may take for you to conceive. It won’t hurt to ask if the policy covers assisted pregnancy methods such as in vitro fertilization (IVF).
Make the most out of your insurance policy and check what additional benefits you can claim. Many insurers make their plans stand out by offering extra perks like daily cash incentives during your hospital stay, or allowance for prenatal vitamins and supplements.
Set a budget and make a list of priorities on what you want for your plan. This will help you be strategic and practical in choosing a policy you can commit to. Remember that having maternity insurance should provide you with peace of mind, no additional burden.
We did the research for you and have come up with a shortlist of best insurance policies with maternity benefits in the Philippines.
Most maternity insurance plans come with a long waiting period, which means you’ll have to plan and buy a suitable policy well in advance. To help you find the best policy, here’s a list of the top maternity insurance services in the Philippines shortlisted based on the services offered:
Best Maternity Insurance In The Philippines: Top 6 Insurance Providers | Sun Life
SunLife Maiden Plus, an insurance plan tailor-made for women, includes maternity benefits like financial assistance for up to three children delivered. It also has sum assured for three types of pregnancy complications.
The policy of this best insurance plan for pregnancy in the Philippines also provides life insurance coverage, benefits for seven kinds of critical illnesses including six types of cancer, plus health, and wellness benefits.
Get a head start on preparing for your future baby by getting maternity insurance. It is worth a discussion with your significant other if it means you’ll have the peace of mind and comfort that your finances are in order. That way, you can concentrate on taking care of your pregnancy and the arrival of your little one when the time comes.
Best Maternity Insurance In The Philippines: Top 6 Insurance Providers | Pru Life
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AXA’s Global Health Access (GHA) policy, particularly its Gold and Platinum plans, offers comprehensive inpatient and outpatient coverage, together with wellness benefits which includes health screening, optical and dental care, and maternity.
The GHA Gold and Platinum, best insurance plan for pregnancy Philippines has to offer, plans include pregnancy financial benefits, which covers prenatal check-up, consultations, lab tests, and hospitalization costs for delivery.
They also cover pre- and post-natal complications. Should the complication require the newborn to be separated from the mother, the newborn accommodation costs will also be covered by the policy. Cost of prenatal vitamins and other supplements can also be reimbursed.
As the name suggests, this policy is valid worldwide, and can be used even with doctors and hospitals not affiliated with the insurer. Depending on the plan, the policy may also cover assisted pregnancies, subject to limits and certain conditions.
