See this, mommies: OCBC launches Singapore's very first pure maternity protection plan

Following its reappointment as the Baby Bonus Bank.

OCBC Bank continues to innovate with the first pure maternity protection plan, MaxMaternity Care that is not bundled with an investment-linked plan (ILP).

According to a release by OCBC, this makes the protection plan more affordable and more targeted at addressing the needs of new parents. MaxMaternity Care is a three-year policy that aims to protect the expectant mother against maternity complications from as early as the 13th week of pregnancy, and to continue protecting the newborn against congenital illnesses until the policy matures.

The market currently offers only investment-linked plans which allow for a maternity complication rider to be attached to them. In comparison to a pure maternity protection plan, ILPs are investment products that require medium- to long-term commitment and monitoring of its investment value. Moreover, these riders only provide the expectant mothers with coverage from the 18th week of pregnancy.

View OCBC’s release here.