The Comprehensive Guide to Buying Maternity Insurance in Singapore

Maternity insurance is a prenatal insurance policy plan that can be purchased when one is pregnant. It covers unexpected pregnancy complications that could affect either the mother or the child.

Claims are usually disbursed through one-time payouts. This helps to mitigate further medical expenses due to the pregnancy complication.

Premiums are not returned and there are no payouts if the pregnancy is successful.
Who is eligible for maternity insurance?

Expectant mothers who are between 13 to 36 weeks pregnant can purchase maternity insurance. You pay the same premium whether you purchase the policy at the 13-week or 36-week mark.

If you are thinking of getting maternity insurance, we recommend you buy it as soon as possible so you benefit from a longer period of coverage, since you pay the same premium.

Who needs maternity insurance?

Maternity insurance is optional, but it offers would-be parents some assurance.

According to SingHealth, miscarriages happen in up to 25% of pregnancies. In such cases, the mother may be advised to undergo a surgery to remove tissues from the uterus after the miscarriage. Such procedures cost up to $2,180, the Women’s Clinic of Singapore’s charges indicate.

Maternity insurance also helps parents guard against additional expenses that come from premature births. The World Health Organisation states that 5% to 18% of babies across the world are born before their due date. Premature babies are often at risk of health problems, and may be required to stay at a Neonatal Intensive Care Unit (NICU). Each day at the NICU costs around $1,000, excluding costs for check-ups and medicine.

We recommend maternity insurance for people who:

  • Have a history of illnesses
  • Are at an advanced maternal age
  • Have a family history of congenital disorders or pregnancy complications
  • Are worried of carrying unknown genetic disorders that may be passed on to your child

Coverage for mums

Maternity insurance usually covers a wide range of pregnancy complications, including common problems such as high blood pressure, gestational diabetes, premature pregnancies, and miscarriages.

Maternity insurance may also include mental health and hospitalisation benefits, where payouts are given if the mother is warded for pregnancy-related complications.

CompanyGreat EasternPruManulifeNTUCAIAAVIVAAXA
Plan nameGreat Maternity CarePRUMumReadymummyMaternity 3601. AIA Mum2Baby Protect (AIA GPP(II))

2. AIA Mum2Baby(IFP)

3. Prenatal Rider: AIA Baby Protect Plus (II)

MyMaternityPlan1. AXA HappyMum

2. AXA HappyFamily

3. AXA EmpoweredMum

Total permanent disability benefit100% of sum assuredNA
Pregnancy complication benefit100% of sum assured
Number of pregnancy complications covered19131410141015
Daily Hospital care benefit for mother2% of sum assured up to 30 days1% of sum assured up to 50 day, For ICU & HDU1% of sum assured up to 30 day1% of sum assured up to 30 day2% of sum assured up to 30 days1% of sum assured up to 30 days2% of sum assured up to 30 days
Number of hospital conditions*
covered
9989 + 14189 + 15

*Hospital conditions refer to those which are not specific to pregnancy and delivery, such as appendicitis during pregnancy and cardiomyopathy suffered after delivery.

Coverage for the child

Maternity insurance also covers birth defects. Some of the most common and serious birth defects include congenital heart diseases, cleft lip or palate, clubfoot, missing or undeveloped limbs, and down syndrome. A maternity insurance plan should cover 17 to 25 types of birth defects.

CompanyGreat EasternPruManulifeNTUCAIAAVIVAAXA
Death benefit100% of sum assured100% of sum assured100% of sum assured100% of sum assuredBefore 14 days: 20% After 14 days: 100%100% of sum assured100% of sum assured
Congenital illnesses benefit100% of sum assured
Number of birth defects covered2625
(up to 3y.o)
2423252326
Daily Hospital care benefit for child2% of sum assured up to 30 days1% of sum assured up to 50 day, For ICU & HDU1% of sum assured up to 30 day1% of sum assuredup to 30 day2% of sum assured up to 30 days1% of sum assured up to 30 days2% of sum assured up to 30 days
Number of hospital conditions covered6876 (Including infectious disease/admit to HDU/ICU)8 (Including admission to NICU/HDU)17 (Including admission to ICU/HDU)

Choosing a maternity insurance plan that best suits your needs

Maternity insurance comes either as a standalone plan or part of a package. A standalone package only covers pregnancy-related complications, while a package bundles other policies with the maternity policy.

Choose the right plan based on its payout structure, number of years it covers, and coverage conditions. We detailed some of the maternity policies available in Singapore in the table below.

The list is not exhaustive. For more details, please consult your financial advisor, or write to us at ask@plannerbee.co.

CompanyGreat EasternPruManulifeNTUCAIAAVIVAAXA
AvailabilityStandalone + Guaranteed option to purchase life insurance for newbornStandalone

or

Bundle with guaranteed option to transfer life insurance to newborn

Standalone + Guaranteed option to purchase life insurance for newbornStandalone

No GIO, require simplified underwriting within 60days, sum assured maximum of $150,000

Bundle with guaranteed option to transfer life insurance to newbornBundle with option to purchase additional life plan can only cover up to $150,000Bundle with guaranteed option to transfer life insurance to newborn
Guaranteed coverage for newborn without medical underwritingLife / TPD / CI / ECI (ECI coverage transfer below age 6 of max $30K for congenital illnesses)Life / TPD / CI / ECI with possible exclusion clausesLife / TPD / CI / ECI (ECI coverage transfer below age 6 of max $30K for congenital illnesses)Life / TPDLife / TPD / CI / ECI (ECI coverage transfer below age 6 of max $30K for congenital illnesses)
Sum assured$5,000 to $10,000$5,000 to $20,000$5,000 to $20,000$5,000 to
$10,000
$5,000 to $25,000TBA$5,000 to $30,000
Mother entry age18-45TBA18-4517-4418-4518-4518-45
Covers pregnancy from13 to 40 Weeks13 to 35 weeks
Assisted pregnancies 18 – 35 weeks
13- week13 to 35 Weeks13 to 36 Weeks13 to 36 Weeks13 to 36 Weeks
Policy term3 Policy Years4 policy years3 Policy Years3 Policy Years3 Policy Years3 Policy Years3 Policy Years
Assisted pregnanciesYesYes from 28 weeksYesTBAYesYes (Cover IVF, ICSI, IUI + ICI – Depends on UW)Yes
Others
Psychological benefitsUp to 3 sessionsPayout for Psychological Consultations is up to S$200. The Insured can receive up to 5% sum assured with Postpartum Depression diagnosisPsychotherapy treatment- 10% of sum assured    
Developmental delays     Covers developmental delay of child (10% of SA)Developmental Delay Benefit for Child: 15% SA (Cap at $3,000)
Jaundice related benefitsGDM complications and resulting conditions – 10% of sum assured1% of sum insured/ day of rental of a phototherapy machine for the child (up to 10 days)1% of sum insured/ day of rental of a phototherapy machine for the child (up to 10 days) Outpatient treatment for jaundice (1% of SA, up to 10 days) 
Early delivery benefitsEarly Delivery by Caesarean Section Benefit for Mother: 15% SA
Hospitalisation benefit for newbornFree guaranteed issuance for Shield Plan B first year
More than 1 fetus benefitCovered for Twins (50% SA each)Cover up to 4 babies in 1 pregnancyTwins need to buy 2 ALT/AFPs

Things to note

It is important to note that if your pregnancy complication or the birth defect is not covered by your policy, there will be no payout.

Additionally, if your maternity insurance is part of a package, the accompanying whole life or investment-linked insurance policy (ILPs) will still be payable in the event that your child or fetus dies. The maternity policy will continue to cover the mother.

To purchase, or not to purchase?

In Singapore, health insurance coverage is compulsory. But while MediShield Life and the Integrated Shield plans provide some coverage for pregnancy complications and hospitalisation expenses, it may not be enough for more complex pregnancy cases.

For example, MediShield Life and the Integrated Shield plans do not offer any payouts for emergency Caesarean sections, miscarriages, premature births, or birth defect treatments.

These conditions may require you to pay out of your own pocket if you are not sufficiently insured.

Maternity insurance can protect your family from any unforeseen circumstances and expenses during and after your pregnancy.

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