Maternity Insurance
DEFINITION
Maternity insurance, also called pregnancy or prenatal insurance, is a policy that gives financial protection for both the mother and baby during pregnancy, delivery, and sometimes complications after delivery.
ELI5
It is insurance that helps pay for costs linked to pregnancy and birth, and sometimes for problems that happen after the baby is born.
Other related terms
Equity Fund (also known as Equity Mutual Fund or Equity Unit Trust)
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Underwriting
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Bullion
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Bear Market
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