Before You Conceive: Get Disability Insurance for Maternity Leave

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It is inevitable that with any pregnancy there are going to be costs involved, at the very least some hospital bills and loss of income while you are recovering from delivering your baby.

Please know that for all of these plans, you must have them in place BEFORE conception occurs or else your pregnancy will not be a covered event as it will be a pre-existing condition. 

However, there are several types of disability insurance policies that can provide you with income during your pregnancy and maternity leave. Since the majority of the time the amount you get back more than covers the premium, they are most certainly worth looking into, and they could even save you thousands of dollars.

Please know that for all of these plans, you must have them in place BEFORE conception occurs or else your pregnancy will not be a covered event as it will be a pre-existing condition. Most plans have a 9 month exclusionary policy, and some plans even stretch it to 10 months, so please make sure you know what the exclusionary period of your plan is before trying for you little bundle of joy.

{ MORE: Paid Maternity Leave for All: France Did it. Why Not Here? }

There are essentially three types of disability insurance plans, and some policies can combine two or more different aspects. Here are the types of policies available:

Short-Term Disability for Pregnancy

Approximately 1 in 4 pregnancies experience some type of complication, which may require the pregnant mom to take time off work. This unexpected turn of events can put financial strain on a family, which in turn can put more stress on the mom, which is not good for her or the baby.

{ MORE: Women With Unplanned Pregnancies Take Shortest Maternity Leaves }

Short-term disability plans that include pregnancy protection can give you back up to 2/3 of your income that is lost should you have to leave work early to take care of yourself.

What do you think? Before You Conceive: Get Disability Insurance for Maternity Leave

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11 comments

  1. Avatar of Thomas Thomas says:

    One distinction to make is between short-term and long-term disability insurance. Which leads to another question to consider:

    * Are you likely to become pregnant at any point in the near future?

    Many companies now have ditched their maternity leave in favor of having their female employees use short-term disability insurance to cover maternity leave. Not a fair trade, because the disability insurance only pays 66% of your regular salary (and you may still have to pay taxes on that 66%).

    Which then begs the question: how does this shift in corporate practices skew the actuarials? Is this more likely to happen in white-collar versus blue-collar industries?

    - Tom

  2. Avatar of Pumpkinita Pumpkinita says:

    This is the standard practice where I work.I didn’t know much about “maternity leave” before getting pregnant, but as soon as I knew I was pregnant I talked to my Human Resources gals and they were very helpful. What they do at my company is that the first six weeks after delivery (I believe is 8 weeks if it was c-section but don’t quote me on that one) you get the short-term disability through an insurance company, those checks are for only 60% of your regular paycheck, and they take a little longer than the normal payments to go through, but they do help and is better than nothing.
    After that you can take up to six more weeks off with no pay (for a total of 12 weeks) through the FMLA (Family Medical Leave Act). I choose to take the full 12 weeks, even though I didn’t get paid for the second half, because I thought it was more important to give my body a chance to fully recover and to bond with my baby than the money. We were a little tight, but my husband and I planned on it and made it work, totally worth it too!
    I will recommend talking to your HR office as soon as you find out you are pregnant, since for some benefits you have to be “pre-approved”, which means you have to register your pregnancy with your health insurance during the first trimester. The HR folks are there to help you!

  3. This is good information to know if I ever work while I am pregnant!

  4. Avatar of MamaCat MamaCat says:

    I had AFLAC with my first and planned to have it with my second but because I had canceled my policy after restarting they said they would not let me renew. It’s great but you have to keep it going or have your kids no more than two years apart. My only issue with AFLAC was them not telling me I couldn’t reinstate after the second cancelation because I didn’t need to the insurance and it was costly.

  5. Avatar of Lulu Lulu says:

    Super helpful. Wish I knew some of this before having the baby.

  6. Avatar of Angela Angela says:

    I wish I had this article handy before I had my baby. I will share with my friends, so they don’t miss out!

  7. I wish I qualified for this. =[

  8. Avatar of Jess1477 Jess1477 says:

    good information

  9. Avatar of brittany brittany says:

    i know something new

  10. Avatar of MLS MLS says:

    This is helpful.

  11. Avatar of Hipmom808 Hipmom808 says:

    This is great information. When I had my first child, I had no idea how to go about maternity leave. Its important we understand this prior to having a baby.

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