Singlife Maternity Care Review

Expecting the unexpected!

Excuse the pun, but even though we pray that pregnancy complications never happen, we should have a backup plan just in case.

Singlife Maternity Care is a single premium maternity insurance cover providing guaranteed benefits when expecting.

It benefits both mother and child should complications arise during the pregnancy.

Keep reading for our review.

My Review of Singlife Maternity Care

Singlife Maternity Care is a dedicated maternity insurance policy crafted to offer extensive protection for expectant mothers and their soon-to-be-born children over a span of 3 years.

This policy covers potential pregnancy complications, the unfortunate event of the insured mother’s death, and congenital illnesses in the newborn.

Moreover, it ensures protection for the child in scenarios like congenital diseases, giving parents the assurance they need regarding their child’s well-being.

Both you and your child are entitled to hospital care coverage under this plan.

This provision guarantees financial backing in situations of hospitalisation due to complications during childbirth or other health concerns.

Should your newborn need phototherapy for severe neonatal jaundice, this policy covers the associated costs, offering you financial ease during such times.

Upon the birth of your child, you have the option to acquire a new insurance policy for your newborn under this plan.

The procedure for this is streamlined, necessitating only a fundamental health declaration.

However, it’s worth noting that Singlife Maternity Care is unique in its offering.

When the expectant mother or her spouse opts for one of the selected basic plans, she can avail of the Singlife Maternity Care.

With so many things to like about the Singlife Maternity Care, there’s no wonder why we awarded it 3 categories in our list of the best maternity plans in Singapore.

It’s not only the cheapest plan, it provides the most value for every dollar you spend.

It’s also the best maternity plan for IVF and assisted pregnancies due to no premium loading – which other plans impose.

In conclusion, Singlife Maternity Care is an impressive offering in the maternity insurance space.

However, its suitability might vary from individual to individual.

As always, there are pros and cons to any insurance product, so It’s always advisable to discuss this with your better half and consult with a financial advisor before making any decisions.

Now let’s dive deeper into the features offered by the Singlife Maternity Care.

Criteria

• The insured must be a pregnant Singaporean/permanent resident
• Medical underwriting will be needed
• Must have a policy with Singlife
• It’s a Single Premium Payment plan, meaning a once-off payment to ensure cover for the entire term policy
• Choose coverage of between $5,000 to $20,000 (in multiples of $100)

General Features

Policy Terms

Singlife Maternity Care is valid for 3 consecutive years for each pregnancy

There is no cash value if the policy is terminated sooner than expected.

Detailed Mother’s benefits

Table Illustration

Death Benefit for Mothers

Singlife Maternity Care pays 100% of the sum assured if the insured mother passes on during the contract term

On payout, all benefits of this plan will end.

Child benefits will continue as long as the policy is active.

Pregnancy complications benefit

Singlife Maternity Care covers 100% of the sum assured if you develop pregnancy complications, as per the table illustration, due to pregnancy.

A registered medical practitioner must confirm the diagnosis.

Except for Postpartum haemorrhage requiring Hysterectomy, which continues for 30 days after the child’s birth, this benefit ends when payment is made or when your child is born, whichever comes first.

Hospital care benefit

For each day you are hospitalised during the contract term, the policy will pay 1% of the sum assured, up to a maximum of 30 days for the whole contract term.

To avoid confusion, if hospitalisation is due to multiple medical conditions, the policy will only pay 1% of the sum assured for each day you are hospitalised.

This benefit ends when 30% of the sum assured is paid or when the contract term ends, whichever comes first, with other benefits continuing as long as the policy is active.

Detailed Child’s benefits

Table Illustration

Death benefit for child

Singlife Maternity Care will payout 100% of the sum assured if the child passes away during the contract term.

Upon payment, all benefits for the child end.

Benefits for the mother continue as long as the policy is active.

Congenital illnesses benefit

Singlife Maternity Care will pay 100% of the sum assured if your child is diagnosed with congenital illnesses, as shown in the child’s benefit table.

A registered medical practitioner must confirm the diagnosis.

This benefit ends when payment occurs or the contract term ends, whichever is first.

The other benefits will continue as long as the policy is active.

Hospital care benefit

For each day your child is hospitalised due to illness, as shown in the table’s hospital care benefit, 1% of the sum assured will be paid.

This covers a maximum of 30 days per contract term.

Singlife Maternity Care only covers 1% of the sum assured for each day your child is in the hospital, even if the reason is due to multiple medical conditions.

This benefit ends when 30% of the sum assured is paid or when the contract term ends, whichever comes first

The other benefits continue as long as the policy is active

Outpatient phototherapy benefit

If your child needs outpatient phototherapy treatment due to severe neonatal jaundice, the cover pays 1% of the sum assured for each day of rental of the phototherapy machine, up to a maximum of 10 days per contract term.

This benefit ends when 10% of the sum assured is paid or on the 30th day from your insured child’s date of birth, whichever comes first.

The other benefits continue as long as the policy is active.

Stem cell treatment benefit

If your child requires stem cell transplant surgery and has started the process of injection or extraction of stem cells, the policy will pay 50% of the sum assured.

This benefit ends when 50% of the sum assured is paid or when the contract term ends, whichever comes first.

The other benefits continue as long as the policy is active.

Developmental delay benefit

If your child shows developmental delay, Singlife pays 10% of the sum assured.

This benefit ends when 10% of the sum assured is paid or when the contract term ends, whichever comes first.

The other benefits will continue as long as the policy is active.

Developmental delay means the inability to do one of the following tasks by the age of 28 months from birth, as confirmed by a paediatrician:

• Walk without aid over a distance of 2 metres or
• Say simple words such as “papa”, “mama”, etc.

Cover more than one foetus

Singlife Maternity Care covers up to 4 foetuses in a single pregnancy.

The benefits in the child’s benefit table apply to each foetus as a child separately.

If you claim for one child only, the benefit remains available for your other children.

Guaranteed Issuance Benefit for Newborn

While this policy is active, you can buy one of the following plans (subject to the plan’s availability at the time of purchase) for a child without medical underwriting within a period of 90 days from birth:

• Whole life plan, where death and terminal illness (TI) benefits payable do not exceed more than $150,000 or
• Whole life plan, with total and permanent disability (TPD) benefit (if applicable), where the total death, TI, and TPD benefit payable do not exceed more than $150,000.

The insurer can review this plan and change it at their discretion.

This benefit applies to each child separately.

A claim under a new policy won’t pay if the claim was caused, arose from, or contributed to by pre-existing conditions before the policy started.

Cover of more than the sums stated above or the addition of supplementary benefit(s) (where applicable) requires medical underwriting.

Who can buy this plan?

The minimum and maximum entry ages for this plan are shown below

ANB: age next birthday

Ownership basis: Single life (where the Life Assured is the policyholder), and third party husband and wife basis for Life Assured of 17 years old (ANB) and above.

References

• Product Website