Considering the skyrocketing costs of medical facilities and the innumerable responsibilities that come with new parenthood, it is indispensable to purchase Maternity benefits to ensure a safe and smooth childbirth experience.
The length of this waiting period might vary between insurance providers, ranging from 9 months to 6 years.
Unfortunately, there is no Maternity Benefit Cover with Zero or No waiting period. 🙁 However, there is an option to partially reduce the waiting period by paying a higher premium. 🙂 But even in such cases, you cannot nullify the waiting period in the Maternity Benefit.
Hence, it's always a wise decision to plan ahead and purchase maternity benefits and child coverage before you might need them.
Exceptional Case of Maternity Insurance Plan with No Waiting Period
The only instance of a zero-waiting period in maternity benefits is the Group Health Insurance Policy provided by companies to their employees, wherein the waiting period is sometimes waived, and the insured is covered for maternity from the start.
However, this is very subjective and rare and depends on a case-to-case basis. Also, group medical plans come with their own set of limitations, so it's always wise to invest in extra medical coverage.