Glossary

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

Underwriting

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Loan-to-Value (LTV) limit

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Robo Funds

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