Having your first baby can be an extremely joyous moment but at the same time it can be both emotionally and financially overwhelming. In fact, the average total cost of nine months of prenatal care can be over $6,000 and delivery cost can range between $8,000 to $13,000. That doesn’t include miscellaneous costs like hosting a baby shower, setting up a nursery, and purchasing maternity clothing.
What’s more, there is always the possibility of encountering a complication which can easily escalate the cost of your pregnancy unless you’re financially prepared. This is where having the right pregnancy insurance could be a silver lining. While pregnancy insurance may not be as commonly known as health insurance or life insurance, it can surely provide comprehensive coverage to safeguard both the mother and infant against unexpected risks.