What is the Neonatal Issue?
Neonatal means new-born child especially during the first month after the birth and at that age, they are vulnerable to health issues. Therefore, you will need to consider taking the Neonatal Insurance Coverage for the future.
There are few issues that the infants may develop in the period of before birth while growing, during labor and delivery as well as after birth. The issues that we often see or heard would be premature birth, jaundice, low blood sugar, difficulty breathing etc.
Why is the Neonatal Insurance Important?
Insurance is important when we pay to buy insurance for the protection it gives us. Therefore, when we happened to be in unexpected events or situation in the future, such as incidents, death or terminal illnesses that may cost us a lot of money, we would not have too much to worry.
The reason why you should sign up for a neonatal insurance coverage is that it will protect baby during pregnancy and childbirth. Next, it will also cover jaundice treatment for new-born baby as well as the cost of birth defects treatments for baby.
Also, the premiums usually would be lower when it is insured at an early age. Not just that, this will give children a coverage at a young age as they are quite vulnerable to health issues. Therefore, having them insured with neonatal insurance coverage will help you ease the hospitalization cost.
What is the Insurance Coverage for New-born Babies?
The best insurance coverage for new-born babies would be the AIA A-Plus BabyCare Plan.
- Child care benefit if the baby is admitted to the Neonatal Intensive Care Unit (NICU) or High Dependency Unit (HDU) at Rm300 per day or RM600 per day.
- Incubation of new born babies at RM150 per day or RM300 per day, depending on the plan selected.
- New born jaundice requiring phototherapy treatment. ( a common scenario) at RM 500 or RM 1,000 per claim.
*For jaundice level indicated ( within the first 60 days form the birth of the child – requiring hospitalization with total serum bilirubin levels of > 250 µ mol/L. [micromol/litre)), it is claimable.
BabyCare policy will cost RM250 to RM300 per month. There is option to add on RM50,000 sum insured critical illness and RM100,000 sum insured Junior Critical Illness.
This insurance plan also covers Congenital Birth Defects.
BabyCare Plan Entry and Coverage Period
It is best to start to insure your baby in the womb as early as 14 weeks. The medical checkup will be waived if you have the A-Life Lady360 plan and the start week can be even earlier than 14 weeks.
This plan covers your child until 5 years old. After which, the A-Life Joy 2 plan continues to cover your child.
AIA New Born Baby Girl Investment Linked Medical Insurance Plan Malaysia
This is an investment linked medical insurance plan for newly born baby girls. The price shown is the starting monthly premium price.
- Medical coverage RM1.5 million, refreshed and renewed annually
- Life coverage RM50,000
- Entry Age, start from 14 days to 2 years old
- Not applicable for premature birth babies
- Document required is the Baby MyKid Card or Birth Certificate
- Then pass it over to Levine with the signed application form
- The plan details and downloads are in the detailed description below
What are the terms and conditions for AIA Baby Insurance BabyCare Coverage?
This insurance for baby Malaysia plans is by AIA Insurance Malaysia for Malaysians. It is a rider, an add on plan to the A-Life Joy plan, an all in one total children insurance plan.
Pregnant woman aged between 18 and 45 years old are eligible to buy this insurance for baby care plan as part of the A-Life Joy plan. There are two plans, Plan 1, and Plan 2 for this AIA baby insurance.
Woman with the AIA A-Life Lady360 plan get additional exemptions and benefits for thisAIA A-Plus BabyCare plan such as additional cash payout range from RM1500 to RM9000 after baby born.
AIA is now accepting IVF pregnancies too. There are conditions as is normal with all insurance policies. It will be best to get advice from an experienced AIA insurance agent nearby in this matter.
Neonatal Insurance Coverage FAQs
The issues that we often see or heard would be premature birth and jaundice.
The reason why you should sign up for a neonatal insurance is that it will protect baby during pregnancy and childbirth
The best insurance coverage for new-born babies would be the AIA A-Plus BabyCare Plan in which it comes with two plans, Plan 1 and Plan 2
It is good to start to insure your baby in the womb as early as 14 weeks and the plan covers your child until 5 years old
AIA Insurance Agent for Malaysia
Contact our AIA INSURANCE AGENT LEVINE LEE to get in touch with us and start your personal coverage, group coverage or choose your plan now. Get covered correctly. Be advised correctly. Call Levine Lee (+6012-684 0948) today to be advised on the best insurance protection personalized for you. Or send us the form below on your interest.
At Red Cover Life Planning, we emphasize our people- helping them grow, expanding their abilities, and discovering new opportunities. Join us now to be part of our team and story.
- Keyman Insurance for Small and Medium Businesses in Malaysia - 7 December 2023
- Safeguard Your Startup Business: How Chubb Cyber Insurance Provide Solutions to Cyber Threats - 23 October 2023
- Empowering Women: The Benefit of AIA A-Life Lady Insurance - 18 September 2023