ICICI Insurance for Maternity

ICICI Lombard Health Insurance for Maternity

A mother’s responsibilities begin from the first day of pregnancy, marking a life-altering journey. Pregnancy brings enormous changes in a woman’s physical and emotional well-being. This transformation and subsequent return to daily routine can lead to significant expenses. Buying a maternity health insurance plan can help a woman be financially stress-free. A maternity plan gives her the mental freedom to cherish new experiences without worrying about monetary issues.

ICICI Lombard Health Insurance for maternity is more than just a tax-saving instrument. It’s about partnering with you to provide comprehensive coverage tailored to the needs of the mother and newborn, ensuring a smooth and pleasant start to parenthood.

Key Features of ICICI Lombard Maternity Insurance Plan

Maternity insurance is one of the best ways to minimize expenses related to prenatal care and hospital stays during childbirth. Here are some key features of a maternity insurance plan to help you make an informed decision:

• ICICI Lombard Health Insurance for Maternity offers cashless payment for treatment in its network of authorized hospitals across India. Policyholders should verify the list of network hospitals for cashless facilities.
• Maternity benefit claims are accepted, subject to a limit of ₹10,000.
• The maternity insurance plan not only covers the mother but also provides for the treatment expenses of pre and post-natal care, including treatment expenses for the newborn if diagnosed with a congenital health condition.
• ICICI maternity insurance also enables you to save tax under Section 80D of the Income Tax Act.
• Policyholders can easily purchase a maternity insurance plan online by filling out an application form in just a few clicks, making the entire process hassle-free.
• With ICICI Lombard Health Insurance for Maternity, you get coverage for pre and post-hospitalisation, delivery, and other expenses such as hospital room rent, ambulance services, and doctor's consultation fees. This ensures comprehensive coverage.
• You can receive a Claim-Free Bonus (CFB) through ICICI Lombard insurance for maternity if you do not make a claim in a policy year.

ICICI Lombard Health Insurance for Maternity Eligibility

Age

Minimum: 18 years
Maximum: 45 years

Policy Term

1 or 2 Years

Waiting Period

3 years

Free Look Period

15 days

Benefits of ICICI Lombard Health Insurance for Maternity

ICICI Lombard Health Insurance for Maternity offers comprehensive maternity coverage. Here are some key benefits of the plan:

• Safeguard Expense
  ICICI Lombard Health Insurance for Maternity safeguards you and your family against the increasing healthcare costs associated with childbirth and newborn care.
• Hospital Daily Cash Allowances
  A certain amount will be paid for each completed day of hospitalisation if hospitalisation is for a minimum of 3 consecutive days and subject to a maximum of 10 consecutive days.
• Maternity Hospitalisation Expenses
  Maternity insurance covers post-hospitalisation expenses for up to 91 days after childbirth, providing coverage up to ₹2,000.
• Waiting Period
  The waiting period for maternity coverage is 3 years. The cover is limited to 2 deliveries/terminations during the policy term (as per the chosen plan).
• Nursing At Home
  A daily amount (as per the chosen plan) for a maximum of 15 days post-hospitalisation for nursing services at home.
• Coverage Against Pre- and Post-Natal Expenses
  Maternity insurance covers medical expenses relating to both Caesarean and normal delivery, along with coverage for post-delivery complications for the mother.
  • Normal Delivery: ₹10,000 / Caesarean Delivery: ₹15,000 / Pre-Post Natal: ₹2,000 each
  • Normal Delivery: ₹15,000 / Caesarean Delivery: ₹25,000 / Pre-Post Natal: ₹2,000 each
  • Normal Delivery: ₹25,000 / Caesarean Delivery: ₹50,000 / Pre-Post Natal: ₹2,000 each
• Out-patient Treatment Cover
  Reimbursement is provided for medical expenses incurred as an Outpatient (OPD). This covers the insured patient who visits a hospital, clinic, or associated facility for diagnosis or treatment without being hospitalised for more than 24 consecutive hours.
• Newborn Coverage
  This covers the newborn from Day 1 up to 90 days from birth, especially if a life-threatening or congenital ailment is diagnosed.

Inclusions in ICICI Lombard Maternity Insurance

Maternity insurance provides financial protection against unforeseen situations, ensuring access to quality medical care. Here is the list of expenses covered under a maternity insurance plan:

• Coverage against delivery expenses for both Caesarean and standard delivery.
• Financial coverage for expenses 30 days before hospitalisation and 60 days post-hospitalisation.
• Comprehensive coverage for pre- and post-natal expenses, including ventilator care and vaccinations during the newborn's first year.
• Maternity benefit claim accepted, subject to a limit of ₹10,000.
• Ambulance cover of ₹1,500 per emergency hospitalisation event.
• Coverage for miscellaneous expenses of the newborn baby.

Exclusions in ICICI Lombard Maternity Insurance

It's important to understand the limitations of a maternity insurance plan. The following expenses are typically excluded:

• Claims related to late pregnancy (for ages 35 and above) might be subject to specific terms, though claims are generally not declined after policy purchase.
• Consultations, diagnostic tests, and routine follow-ups during pregnancy.
• Treatment costs for premature termination of pregnancy within 12 weeks of conception.
• Medical expenses of ectopic pregnancy.
• Doctor's visits for regular health check-ups.
• In-vitro fertilization.
• Late pregnancies above 45 years of age.