Why You Need Maternity Insurance? Neha Nagar Explains it ALL

Health insurance or medical insurance is all we can think about when it comes to shielding your savings from sudden shocks of financial drains. To join the league of insurance, maternity insurance has made its space in the category. Popular finance content creator, Neha Nagar recently welcomed motherhood and in her recent reels along with her husband, she explains the need for maternity insurance and why one should consider it.

What is Maternity Insurance?

Maternity requirements are excluded from the standard health and medical insurance plans. Thus, results in excess financial baggage. Maternity insurance is a great way to save on your additional expenses that come along during the pregnancy phase.

Maternity insurance covers will help you save up to 2-lakh Rupess as as it covers all the expenses from starting pregnancy to child birth. Be it normal delivery or a C-section, maternity insurance covers it all. It also covers child medical expenses.

Maternity insurance can be added to the existing insurance or you can also opt to purchase a separate maternity insurance, depending on your preference.

When is the right time to Take Maternity Insurance?

The best time to invest in maternity insurance is within 2-3 months of marriage. You can opt to purchase maternity insurance at least 1-2 years before your pregnancy to be able to gain maximum benefits.

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A post shared by Neha Nagar | Filmy Finance (@iamnehanagar)

In the reel, Neha urges you to share the reel with your newly-wed friends as a GIFT. This insurance is a great way to plan your expenses as well as the family's without making a hole in your pocket.