Yay! You’re pregnant! Now marks the start of your new life as a mummy.
You will find yourself in a whole new dimension that you never knew existed before, experiencing unconditional love with depths you never imagined possible. With that comes inevitable worry—for the rest of your child’s life. And that’s not a bad thing!
You’re not alone. There are so many new mums who are also starting out on their parenthood journey. But the key is to remember that while there are plenty of things to worry about, you need to stop and smell the roses once in a while.
Having a baby is a wonderful and joyful experience that shouldn’t be overshadowed by worrying about their safety, wellbeing and future.
To alleviate some of these worries, it is good to get some peace of mind in the form of insurance. In fact, you can get an insurance plan for your baby from as early as your pregnancy up to adulthood.
But before you commit to a baby insurance plan, here are some essentials you should put on your checklist for coverage:
#1 – Pregnancy Coverage
Did you know that you can have your unborn child covered by insurance? This is something mums might overlook, as most think that insurance coverage can only start when the baby is born. But insurance coverage can start from as early as when the baby is still developing in the womb.
Having an insurance plan that covers pregnancy complications (eg. eclampsia, ectopic pregnancy, amniotic fluid embolism, late miscarriage, etc.) will definitely give you more peace of mind with one less thing to worry about during those 9 months.
#2 – Extensive Coverage
It is best to have a plan that covers as much as possible, which includes congenital conditions.
If an infant is born with congenital conditions, the last thing parents want to worry about is the cost of treatment. The priority will always be getting the best possible treatment for the baby and nothing else. Infant care can be rather costly, so it is always good to have it covered.
AIA’s A-Life Joy baby insurance plan covers neonatal ICU and HDU, photo therapy treatment for neonatal jaundice, 15 different congenital conditions as well as a list of 32 juvenile critical illnesses.
#3 – Child development disorders
When a baby is born, a family has a new set of financial commitments to take on. Most parents are well-prepared for this. But if a baby is faced with unexpected child development disorders, the cost of care could skyrocket.
In cases like this, insurance can cover these unforeseen expenses. AIA’s A-Life Joy is a good example of a comprehensive child insurance plan that covers all bases, including child development disorders such as autism spectrum disorder and attention deficit hyperactivity disorder (ADHD).
To find out more about baby insurance, visit AIA’s website here.