Congratulations on your pregnancy!
I’m reviewing the AIA Mum2baby protect plan after a client enquiry and I realised it suits any pregnancy including conception for IVF.
Quick description of this maternity/pregnancy plan
AIA Mum2Baby Protect is a bundle of the wholelife plan AIA Guaranteed Protect Plus II (GPP) together with maternity coverage.
The GPP being a wholelife plan means you can
1) Get guaranteed surrender value on your plan
2) Complete payment early. There is a 12y or 20y option in the GPP
The AIA Guaranteed Protect Plus II plan (GPP) also has an Early Critical illness rider that you can attach to your plan.
How does this maternity/pregnancy plan cover for your child?
The AIA Mum2Baby plan allows you to transfer the life coverage from you to baby. Includes also the early critical illness coverage.
You can guarantee life insurance coverage for your child after birth.
This is very important as I’ve seen children born with conditions like heart murmur that complicate any insurance coverage at birth.
Your transfer of the wholfelife plan request must be made to AIA within 60days of your baby’s birth.
Hospital cash coverage for your child lasts 3years and it’s crucial.
Do you know that some congenital conditions like Cerebral Palsy becomes detectable only when a child grows into toddler stage?
There are also 4 conditions for Hospitalisation cash benefit for your newborn as shown below.
Coverage for IVF pregnancies
For IVF/IUI/ICI and ICS pregnancies, there is no extra premium needed which is called a “premium loading”.
I’ve extensively compared plans before and this can save you quite a bit vs plans from AXA, AVIVA and NTUC.
For the full analysis of this plan and if it suits you, read https://www.theastuteparent.com/2019/02/aia-mum2baby-protect-review-ivf-pregnancy/
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