I hear a lot about maternity insurance, y do we really need it? Can someone explain it in simple terms, I’m not very good with technical stuff ?

For me, the maternity insurance is a good to have. The coverage (if any complication) arises to me is very minimum. For me, the biggest benefit for maternity insurance is the no underwriting for the life insurance that my bb will have. If this interest you, make sure u are getting a maternity insurance that comes with a life policy.

It is bought to prevent any pregnancy complications. Do read more about it at this link: https://sg.theasianparent.com/qa-can-i-buy-an-insurance-policy-while-pregnant/

The coverage is not high but it gives an option to buy a life insurance for the baby without medical underwriting.

the insurance will cover mother and baby if there are complications

Important in case of complications of the mother and newborn