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Introduction

Welcoming a new life into the world is a joyous occasion, but it also comes with responsibilities and uncertainties. Maternity 360, a unique term life insurance product, offers comprehensive protection for both expectant mothers and their babies. This innovative plan provides coverage from as early as 13 weeks of pregnancy, ensuring peace of mind during this crucial period. With benefits tailored to address pregnancy complications, congenital illnesses, and hospital care, Maternity 360 stands out as a thoughtful solution for new and expecting parents.

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Coverage and Benefits

Maternity 360 offers a range of benefits designed to protect both mother and child during pregnancy and early childhood. From pregnancy complications to congenital illnesses, this plan provides comprehensive coverage to ensure financial security during this critical time. Let's explore the key features and benefits of Maternity 360.

Pregnancy Complications Benefit

Covers 10 types of pregnancy complications. Pays 100% of the sum assured if diagnosed with any covered complication.

Congenital Illnesses Benefit

Protects against 23 types of congenital illnesses. Pays 100% of the sum assured if the child is diagnosed with any covered condition.

Hospital Care Benefit

Provides 1% of sum assured per day of hospital stay, up to 30% of sum assured. Covers both mother and child for various conditions.

Outpatient Phototherapy Benefit

Pays 1% of sum assured per day of phototherapy machine rental, up to 10% of sum assured. Valid for severe neonatal jaundice within 30 days of birth.

Death Benefit

Offers 100% of sum assured for both mother and child. Child's death benefit applies if death occurs within 30 days after birth.

Policy Terms and Conditions

Understanding the terms and conditions of Maternity 360 is crucial for making an informed decision. This section outlines the key aspects of the policy, including eligibility, duration, and flexibility options.

Entry Age

Available from 13 weeks of pregnancy. Provides coverage for expectant mothers and their unborn children.

Policy Term

3-year coverage period. Begins from the policy start date, ensuring protection during pregnancy and early childhood.

Premium Payment

Single premium payment. One-time payment covers the entire 3-year policy term.

Simplified Application

Offers simplified application for newborn. Allows purchase of a new policy for the child within 60 days of birth.

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Riders

Maternity 360 is a comprehensive standalone plan and does not offer additional riders. The plan's built-in benefits are designed to provide holistic coverage for both mother and child without the need for supplementary riders.

Claims and Customer Service

Filing claims and accessing customer support for Maternity 360 is designed to be straightforward. Policyholders can typically initiate claims by contacting Income Insurance Limited directly or through their insurance advisor. It's advisable to have all relevant medical documents and policy information ready when filing a claim. For customer support, Income provides multiple channels including phone, email, and in-person consultations at their offices. Policyholders should refer to their policy documents or Income's official website for the most up-to-date contact information and claim procedures.

Conclusion

Maternity 360 is an excellent choice for expectant mothers looking for comprehensive coverage during pregnancy and early childhood. It's particularly suitable for first-time parents who want peace of mind against pregnancy complications and congenital illnesses. Additionally, couples planning for a family in the near future may find this plan beneficial as it offers protection from as early as 13 weeks of pregnancy.
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