Financial Planning for Parents
Having a child is one of the most expensive life events. While the exact costs vary wildly between a Tier-1 city private hospital and a smaller town, the financial shock to your monthly cash flow is undeniable.
Health Insurance Warning: Maternity cover in India usually has a waiting period of 9 to 24 months, and often comes with a strict sub-limit (e.g., max ₹50,000 for normal delivery). Do not assume your corporate policy will cover everything. Read the fine print.