Becoming pregnant and welcoming a new child into the world is a very special experience, which is why it’s important to understand how a Medical Insurance policy will protect you and your baby.Get A Quote today.
About Maternity Insurance
At Expat Insurance we speak to many couples looking to start or expand their families every day, and many aren’t aware that Maternity Insurance cannot be purchased as a standalone plan in Singapore. Maternity Insurance must be purchased as an addition to your medical insurance policy, financially protecting you from the high costs of maternity in Singapore. Many Maternity Insurance policies will also ensure that your baby is covered from day 1 (as opposed to day 91), which is so important when even a short stay in the neo-natal intensive care unit can cost upwards of $30,000.
Costs covered by your Maternity Insurance plan include:
.Doctor & OB-GYN visits
.Treatment for Complications of Pregnancy
. New Born Care
The Waiting Periods:
In Singapore, it pays to plan ahead as most maternity insurance plans require you to fulfil a 10 to 24 month waiting period before successfully submitting a claim on your policy. Policies differ so you need to know what your wait period is. To find out more about the waiting periods associated with Maternity insurance, we invite you to speak with an experienced Expat Insurance advisor by clicking here.
I’m already pregnant:
If you’re less than 29 weeks pregnant, there are some insurers in Singapore who will consider covering your newborn once it’s born, however each situation is reviewed individually. If the policy does proceed and your baby is accepted onto the plan, there are still some restrictions on the level of protection for the baby, especially if any congenital issues have been detected. Speak with an Expat Insurance advisor to understand the options available to you.
Why Maternity Insurance is so important in Singapore:
Unlike your home country, Singapore is among the most expensive countries globally to give birth as an expatriate, which is why medical insurance that includes maternity coverage can relieve a lot of stress during your pregnancy.
A natural birth in a private hospital in Singapore can cost up to $15,000 depending on your preferred accommodation (single room or double), while a C-section is approximately $21,000-$25,000. If complications were to occur for the mother or baby, we’ve seen costs escalate significantly.
If you’re planning on getting pregnant in the next 12-14 months, we recommend securing a health insurance plan that includes maternity insurance to ensure you’re financially protected against the costs of all your OB-GYN visits, routine scans, delivery costs, your hospital stay and the necessary treatment should there be any pregnancy or birth complications for both mum and baby.
To find out more about the best options for you, submit an enquiry here and an experienced advisor will be in touch within 48 hours.