Motherhood is the most meaningful part of every woman’s life. However, being a selfless, loving mom is definitely not easy. It requires a lot of sacrifices and hard work, hence it is also given that the majority gets worried that something might go wrong. If you need to feel more secured, you may consider buying a maternity insurance plan. It will have you covered in case you or your baby suffer from any complications during your pre and post-delivery. Moreover, depending on your chosen plan, it may also include hospital care benefits! To help you learn more and easily compare the policies from different insurance companies, we have curated a list of the best maternity insurance available in Singapore. Check them out below!
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Best Maternity Insurance in Singapore
Table of Contents:
Best for lifelong protection for your baby
Starting off our list is what many moms consider to be the best plan for lifelong protection for their babies, AIA’s Mum2Baby Protect Maternity Insurance. For mothers, it protects against pregnancy complications, medical negligence, hospitalization care for up to 30 days, major ICU hospitalization, as well as death from these conditions. While for babies, it covers congenital diseases and hospitalization in the event of any diagnosis.
Mum2Baby Protect initially covers 13 weeks of pregnancy until 3 years of the baby’s life, however, you may opt to transfer it to a lifelong policy upon your baby’s birth, regardless of his/her health condition at that time. You can also choose to boost your coverage up to 5 times until the age of 65 or 75, protecting you against death and critical illnesses in your most vulnerable years. This plan might be a bit steep compared to other plans, but it is a good investment option that guarantees you a stable cash value you have accumulated.
For more details on this plan, click the brochure link below.
Best for lifelong protection for baby and mental health coverage for mother
Like AIA, Manulife’s ReadyMummy Maternity Insurance covers specific complications, conditions, and illnesses from 13 months of pregnancy until 3 years of the child’s life. With this particular plan, 14 pregnancy complications and 24 congenital illnesses are fully insured, including 100% protection against death and a daily cash benefit of 1% of the sum insured for each day spent at the hospital for up to 30 days. They also offer an option to upgrade to other Manulife plans within 90 days from the child’s birth. But what truly sets this plan apart is the addition of psychotherapy treatment during and after pregnancy to help mothers with their mental wellness, covering 10% of the sum insured.
Additionally, ReadyMummy is also a great insurance plan for mothers who are expecting through Assisted Conception Procedures like In Vitro Fertilisation (IVF), Intrauterine Insemination (IUI), and Intracervical Insemination (ICI), as they cover these types of pregnancies for an additional premium. Be sure to click the link below for a more detailed brochure of this plan!
Best for affordable premiums
With its affordable one-time premium, Great Eastern Flexi Maternity Cover is definitely a great option for mothers who are hoping to get that peace of mind without spending beyond their budget. This standalone maternity plan does not include some coverage that is included in more expensive plans (i.e. IVF pregnancies), but it is comprehensive enough to include 8 pregnancy complications, 18 congenital illnesses for baby, Total & Permanent Disability (TPD) due to these circumstances, and needless to say, death.
This plan from Great Eastern also covers hospital care benefits where moms and newborns can receive up to S$200 per day for up to 30 days. They also understand that sudden changes are inevitable thus they give up to 90 days to upgrade to a regular premium whole life plan, endowment plan or investment-linked plan that covers for death, TPD and critical illnesses, which you can avail of using a S$108 voucher to offset the initial premium. Click the link below for a more detailed brochure of this policy.
Great Eastern Life
1 Pickering Street #01-01, Great Eastern Centre, Singapore 048659
+65 1800 248 2888
Best for a combination of investment and medical protection
AXA is one of the renowned and fastest-growing insurance agency in the world. Particularly for maternity insurance plans, you can pick between their Mum Care plan, which covers the baby up to 3 years or Mum Care Plus, for coverage up to 6 years), depending on your needs and preference.
Both options start at the 16th week of pregnancy and cover the same benefits such as pregnancy complications, congenital illnesses, hospital care benefits for both mother and child, as well as a death benefit for the mother. The only difference is the amount and duration covered. For example, for pregnancy complications or child congenital illnesses, MumCare’s benefit amount is up to S$5,000 while MumCare Plus is up to S$12,000. Apart from pregnancy-related benefits, they also have an investment component that provides savings for your child’s future. You may refer to the link below for the detailed brochure.
8 Shenton Way, #24-01 AXA Tower, Singapore 068811
+65 1800 880 4888
Another option for an affordable insurance plan
NTUC Income Maternity 360 is another affordable insurance plan with a one-time premium coverage. Paying a single premium plan assures you that you will get the basic mother and child coverage such as pregnancy complications, congenital illnesses, and hospital care benefits. The plan will start as early as 13 weeks into your pregnancy, and can keep your child protected until he/she is 3 years old.
It is also worth noting that it includes an outpatient phototherapy benefit which is not always available in other insurance plans. With Maternity 360, you can ensure a good start for your child’s future without blowing up your account. Check out the link below to learn more about this plan.
NTUC Income Singapore
Ang Mo Kio Branch | 53 Ang Mo Kio Ave 3, #03-18/19 AMK Hub, Singapore 569933
Bras Basah Branch | 75 Bras Basah Road, Income Centre, Singapore 189557
Westgate Branch | 3 Gateway Drive, #02-40B, Singapore 608532
Tampines Branch | 2 Tampines Central 6, #01-01 Income at Tampines Point, Singapore 529483
Woodlands Branch | 900 Woodlands Drive #05-06, Woodlands Civic Centre, Singapore 730900
Bedok Branch | 11 Bedok North Street 1, #01-32 [email protected] Bedok, Singapore 469662
Jurong Point Branch | 63 Jurong West Central 3, #B1-51/52/53 JP2, Jurong Point Shopping Centre, Singapore 648331
+65 6788 1122
Best for a comprehensive maternity insurance and investment plan
Many people prefer buying investment plans instead of insurance plans. But with PRUFirst Gift Maternity Insurance, you no longer need to choose one! It is a comprehensive plan combining the PruLink Enhanced Protector, which is an investment-linked plan, and PRUMum2Be, an insurance plan covering maternity benefits for mother and child. Although slightly later than the 13-week average of other maternity plans, the PRUFirst Gift plans protect the mother from 18 weeks onwards against complications, permanent disability, terminal illness, and death.
On the other hand, newborns are still covered against congenital illnesses for up to 3 years of birth. Mothers can easily opt to add supplementary coverage, where you are given a 20% off premium discount in the first year, or you may choose to extend the PRULink Enhanced Protector for a lifelong plan for your child. The PRUFirst Gift Maternity Insurance is available in 3 bundle types, each differing in terms of premium and benefit amount. A detailed brochure is found in the link below.
7 Straits View #06-01, Marina One East Tower, Singapore 018936
+65 1800 333 0333
Best for a younger eligibility age
Compared to other maternity insurance plans in this list, the OCBC Max Maternity Care created by the OCBC bank is only available for their bank customers from 17 years old to 44 years old. This plan will not only cover you against 8 types of pregnancy complications, 18 child congenital illnesses, and death, but you will also be entitled to hospital care benefits as early as 13 weeks into your pregnancy.
A great bonus is they give a S$108 premium voucher which you can use to offset the first year’s premium if you decide to upgrade to a lifelong plan for your child, like the GREAT SupremeHealth plan or GREAT TotalCare plan (subject to underwriting). Check out the link below for more details about OCBC Max Maternity Care.
65 Chulia St, #01-00, Singapore 049513
+65 6363 3333
Best for advanced maternity care benefits for mother and child
The list of best maternity insurance is not complete without Aviva MyMaternityPlan which covers a wide range of maternity and newborn issues at an affordable rate. Compared to most maternity plans, this option does not only ensures 10 pregnancy complications, 23 congenital illnesses, and death coverage, but it also offers premium benefits like phototherapy for severe neonatal jaundice, stem cell transplant surgery with a one-time payout of 50% of the sum assured. In case there is a development delay of your child, 10% of the sum is also assured with a one-time payout.
Furthermore, the usual insurance plans can only cover twins, but with Aviva, IVF pregnancies and as many as four babies are covered! Mothers also have an option to upgrade to life plan within 90 days from your child’s birth. The only downside is you must have a qualifying plan with Aviva in order to avail of the My Maternity Plan. However, given the comprehensive coverage, it is definitely worth considering. See the brochure link below to learn more.
I hope that our guide on the 8 Best Maternity Insurance in Singapore has helped you to find the best one for your needs. Please share this with your family and friends if you have found it useful. Also, do check out our other buying guides below!
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