Care Joy Maternity Health Insurance

Care Joy Policy is especially designed to cover maternity and newborn baby expenses, thereby assuring the joy of maternity to the beneficiary. Available with sum insured options of Rs. 3 lakh and Rs. 5 lakh, the policy can be purchased as per your requirement, either on an individual basis, or on a family floater basis. The minimum entry age under this policy for adults is 18 years, for child, it is 1 day, and for newborn it is 1 day. The policy comes with a co-payment option of 20% of the claim amount, if you age 61 years or more.

This medical insurance policy offers several coverage benefits such as in-patient care expenses, pre-natal and post-natal expenses, newborn's expenses from delivery to 90 days, cover for newborn baby defects, etc. Other benefits offered under the policy include free look period, tax benefits under Section 80D of the Income Tax Act, 1961, and lifelong renewability benefits. Also, you get a 30 days grace period from the date of expiry to renew the policy. The policy can be purchased for a longer policy term of 3 years.