Prenatal insurance is important because it helps to cover the cost of medical care for expectant mothers during pregnancy and childbirth. Pregnancy and childbirth can be expensive, with costs ranging from routine prenatal care and delivery to complications that may arise. Prenatal insurance can help alleviate some of the financial burden associated with pregnancy and childbirth, allowing expectant mothers to focus on their health and the health of their unborn child.
Prenatal insurance is not only beneficial financially, but it also allows expectant mothers to receive necessary medical care during pregnancy. This insurance is a valuable resource for expectant mothers to receive necessary medical care during pregnancy and childbirth, while also reducing the financial strain of these life-changing events. Pregnant women in Malaysia can enroll in a prenatal insurance policy as early as 14 weeks into their pregnancy. Here are the top 6 best baby insurance policies currently available in Malaysia:
Infant Care Plus Rider under PRUMy Child Plus by Prudential
Becoming a mother is a wonderful and enriching experience, but it can also come with challenges that it is important to plan for in advance. Infant Care Plus is a prenatal insurance rider that offers coverage for both the mother and child from pregnancy until the child is 5 years old. It covers a variety of common prenatal and postnatal complications, as well as additional benefits such as a lump sum payment in the event of the mother’s or infant’s death within the first 30 days, admission to the ICU/HDU within the first year of birth, and a lump sum payout for the diagnosis and admission of covered diseases. Overall, the Infant Care Plus rider provides comprehensive protection for mothers and their children during pregnancy and beyond.
Coverage includes:
- Pregnancy care benefits
- Death of mother benefits
- Death of foetus or child benefits
- Incubation benefits
- Neonatal Jaundice requiring Phototherapy Treatment
- Admission into Intensive Care Unit/ High Dependency Unit
- Hospitalisation due to any of the 17 covered congenital conditions
- Lump sum payout upon diagnosis of any of the 5 covered infectious diseases or upon hospital admission of any of the 9 covered infectious diseases
Coverage period: Up to 5 years old.
Entry age: After 14 weeks into pregnancy.
Website: https://www.prudential.com.my/en/products-infant-child/infant-care-plus/
A-Plus BabyCare Rider under A-Life Joy Xtra by AIA
A-Plus BabyCare Xtra is an optional add-on policy that can be attached to the A-Life Joy Xtra plan that you can purchase to enhance coverage during your pregnancy as well as your child’s early years. This rider provides protection for you and your child against unexpected hospitalisations from birth, 19 congenital conditions, child development disorders and pregnancy-related complications or death.
A-Plus BabyCare Xtra is the first plan in Malaysia that provides coverage for Autism Spectrum Disorder, Attention Deficit Hyperactivity Disorder, Dyslexia and Gross Motor or Speech Developmental Delay.
A-Plus BabyCare Xtra provides you with coverage for seven pregnancy complications and the untimely loss of your baby while still in the womb. This rider also provides coverage upon an untimely death due to childbirth or pregnancy complications.
Coverage includes:
- Child care benefits
- Child development disorder benefits
- Pregnancy care benefits
Coverage Period: Up to 5 years old
Entry Age: From 13th week of gestation
Website: https://www.aia.com.my/en/our-products/medical-protection/a-plus-babycare-xtra.html
Smart Baby Shield Rider under SmartProtect Junior by Great Eastern
Every mother and baby require extra love, care, and attention during pregnancy and infancy. The Smart Baby Shield rider helps protect you and your baby from the start by providing thorough protection while you are pregnant and after you give birth. It offers unforeseen protection, hospitalisation benefits, and many features to assist you both during this critical time of your lives. The Smart Baby Shield covers a variety of medical expenses related to pregnancy and childbirth, including complications, hospital admissions, diseases and congenital conditions, urgent newborn care, and the death of the mother and/or child. In addition, if the expecting mother is diagnosed with cancer, the Smart Baby Shield provides financial assistance to help with the costs of treatment and recovery.
Coverage includes:
- Pregnancy care benefits
- Death of mother benefits
- Death of foetus or child benefits
- Incubation benefits
- Admission into Intensive Care Unit/ High Dependency Unit
- Diseases and infections benefits
- Maternity cancer benefits
Coverage Period: Up to 5 years old
Entry Age: From the 13th week of gestation
Website: https://www.greateasternlife.com/my/en/personal-insurance/our-products/health-insurance/smart-baby-shield.html
PreciousCover and BabyCover Riders under Allianz PowerLink
Allianz is dedicated to the health and well-being of both mother and child before, during, and after pregnancy through our PreciousCover and BabyCover plans. PreciousCover provides expectant mothers and their newborns with protection and coverage during and after pregnancy to help with recovery. BabyCover covers child illnesses and child development disorders. With Allianz baby insurance, you can rest assured knowing that both you and your child are taken care of from the very beginning.
Coverage includes:
- Pregnancy care benefits
- Death of mother benefits
- Death of foetus or child benefits
- Incubation benefits
- Admission into Intensive Care Unit/ High Dependency Unit
- Diseases and infections benefits
- Maternity cancer benefits
- Child illness benefits (BabyCover)
- Child development disorder benefits (BabyCover)
Coverage Period: Up to 18 years old (for BabyCover)
Entry Age:
- PreciousCover: From the 13th to 36th week of gestation
- BabyCover: From the 13th to 36th week of gestation (preborn), from 15 days to 15 years (baby/child
Website: https://www.allianz.com.my/personal/life-health-and-savings/critical-illness/preciouscover-and-babycover.html
Flex Maternity Care Rider under Junior Critical Illness by Zurich
Flex Maternity Care is a comprehensive plan for your baby. From the start of pregnancy, through childbirth, and all the way till your baby turns two, they’ve got you covered. Flex Maternity Care covers pregnancy or child birth complications, child care benefits upon the birth of your baby and even an allowance to celebrate your baby’s arrival.
Coverage includes:
- Child care benefits
- Child development disorder benefits
- Pregnancy care benefits
- Newborn allowance
- Option to purchase new policy for child
Coverage Period: Up to 2 years old
Entry Age: 13 – 35 weeks of gestation
Website: https://www.zurich.com.my/en/insurance-products/protection/for-my-health/flex-maternity-care
EverCare Riders under HLAeverGrow Plus
HLA EverGrow Plus is a regular premium investment-linked plan that is especially created to help you plan for your child’s future in a smart way. With its EverCare riders, it offers absolute protection from the pre-birth stage, while at the same time establishing an education fund that will take care of key educational milestones.
EverCare Riders enable you to have a jump start on your savings plan, as early as 13 weeks into your pregnancy, while giving you and your child full protection from the very beginning. With it, you can secure the best for your kid and give them a head start in their education!
Coverage includes:
- Pregnancy care benefits
- Congenital complications benefits
- Death of mother benefits
- Death of foetus or child benefits
- Incubation benefits
- Admission into Intensive Care Unit/ High Dependency Unit
Coverage Period: Up to 2 years (EverCare riders)
Entry Age: 13 – 35 weeks of gestation
Website: https://www.hla.com.my/CMS/Product-Services/Insurance-Solutions/Insurance-Solutions-Details.aspx?Product=71&Sub=3978
