Insurance Planning at 13th Week

Question

Hi mummies, first time mummy at 11th week here. I understand that at 13th week, we should be planning to buy insurance for both mum and baby. Im looking at both AIA and AXA for their smooth transfer of cover from mum to baby, but are there other alternatives? Is it necessary to cover mum since I already do have my own life plan + hospitalisation plan? Can I just cover baby from 13th week for life instead? What are your experiences and pros and cons of the plans you bought? What other plans should I look at too?

Joesefyn Chua · Accepted Answer

Hi, I got Prudential plan.1 is single premium that cover the mom for a period and I bundle with a life plan which after baby is born will be transfer to baby. I can share with you more. You can IG me at @Stainlessjo

chan Siew Hong christina · Answer

Usually the prenatal plan only covers for both mother for the first year, thereafter only the baby is covered. Hospital plan for baby can only be purchased after they are born. I’m with AIA myself.

Erdei Kata · Answer

Hi,you can normally buy your insurance between week 12 and 35 (as far as I remember from my policy). You can choose between two type of insurances. 1.) single premium, cover you and your delivery. This would also allow you purchase an insurance for your baby within 90 days after giving birth. (the advantage is that you delay paying premium for babys life insurance)2.) you can buy the whom package where you can seamlessly transfer the policy to baby. (This is more expensive and for me it came with not useful features)I can recommend somebody if you are interested in details.