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If you happen to be an expectant mother, please let me congratulate you! It is not easy for an expectant mother to carry her baby in the womb for 9 months. It is not only a big effort but also a long commitment for the mum. Hence, pregnancy insurance has become more important than ever.

Why do expectant mothers buy these kinds of insurance coverage?
Husband and pregnant wifeBeing a baby insurance specialist, I have addressed many concerns from all the expectant mothers. These are a few concerns that have being highlighted for the past few years:

  1. Will my child be normal and healthy before he/she is born?
  2. Will my pregnancy go smoothly?
  3. What if I need to be hospitalized?
  4. What if something happens to me right after my child is born?

 

Market Insight

Do you know that….

“In 2010, about 9000 babies were hospitalised for congenital and neonatal conditions in subsidized wards at public hospitals. Even though they were in B2 or C class wards, some 700 had bills that came to more than $5000.” Source: ‘Caring for babies with birth defects’, The Straits Times, 15 Oct 2012.

Do you know that being pregnant with multiple babies may have potential complications?

Even though most of the multiple pregnancies result in healthy babies, but pregnancy with twins or more is classified as high risk. This means the more babies you’re carrying, the higher the risk of getting complications. If your child is born prematurely, it may lead to more chance of getting health problems. Reviewed by the BabyCenter Medical Advisory Board. Last updated: October 2012

Protection from the very start

Pregnancy is an exciting new chapter in life and brings joy to the family. While you are busy preparing for your baby’s arrival, it is imperative that you and your baby receive adequate protection during your pregnancy and beyond.

Some examples of covered congenital illnesses are

Type of Pregnancy Complications
1. Still Birth (after the 28th week of gestation)
2. Pre-Eclampsia or Eclampsia (after 20 weeks of pregnancy)
3. Abruption Placentae (after the 20th week of gestation)
4. Placenta Increta/Percreta
5. Amniotic Fluid Embolism
6. Fatty Liver of Pregnancy
7. Disseminated Intravascular Coagulation
8. Postpartum Haemorrhage requiring Hysterectomy

Type of Congenital Illnesses
1. Anal Atresia
2. Congenital Cataract
3. Congenital Deafness
4. Congenital Diaphragmatic Hernia
5. Infantile Hydrocephalus
6. Tetralogy Fallot
7. Transposition of Great Vessel
8. Truncus Arteriosus
9. Atrial Septal Defect
10. Ventricular Septal Defect
11. Down’s Syndrome
12. Spina Bifida

Transfer of coverage from Mother to Baby without further underwriting

Your child will get to enjoy guaranteed coverage when his or her policy cover is transferred to him/her within 60 days from his date of birth with no medical underwriting required. So he/she can receive whole of life coverage (up to age 100) as well as savings for his/her future education.

Lastly, I am a pregnant mother and baby insurance specialist, and I am certain my experience in this field can be of value to you.

About Author


Yong Heng Wei, Cedric

Financial Services Consultant
B.Eng, NTU
SP-HENRYGOH (JAKEYU District)
M: (65) 9726 9988
E: cedricyong@aia.com.sg

You would be able to contact him at 9726 9988 for more details.

 

Facebooktwitterhttps://www.babyclub.com.sg/wp-content/uploads/pregnant2-1024x781.jpghttps://www.babyclub.com.sg/wp-content/uploads/pregnant2-150x150.jpgCedric YongFeaturedPregnancyIf you happen to be an expectant mother, please let me congratulate you! It is not easy for an expectant mother to carry her baby in the womb for 9 months. It is not only a big effort but also a long commitment for the mum. Hence, pregnancy insurance...Pregnancy . Baby . Parenting