IVF Insurance in India – Coverage, Premium, Sum Assured

IVF Insurance in India

In India, the treatment for In Vitro Fertilization (IVF) started booming when the surrogacy was commercialized in the year 2002 and since then the demand for IVF treatment has been on rise especially from the couples from foreign countries.

However for the foreigners the cost is not a factor as it is available in India at a one-third cost. In India the cost of single IVF is around INR 2,50,000 (depending on city/hospital/treatments covered etc.) whereas the same costs more than $10,000 in the US. But still for an average Indian this cost is very high and this coupled with other associated expenses shoots up the family budget. Despite of such an high cost which takes toll on the pocket, there were no insurance for IVF available in India until January 2014.

However you can now get insurance for fertility treatment from:

  1. Magma HDI General Insurance Company Ltd.
  2. Bhartiya Mahila Bank
  3. CRAFT hospital and research center, Chennai

One Health (Covering IVF treatment) – Magma HDI General Insurance Company Limited

One Health – comprehensive health insurance product from Magma HDI offers coverage for IVF treatment. This is the first such product in the insurance industry offering IVF treatment cover. Although the cover offered is less i.e. upto Rs. 50,000 and a waiting period of 3 years. After purchase of the policy, if you are happy with the terms and conditions, then you have right to cancel the policy within 15 days of the purchase and get full refund.

Bhartiya Mahila Bank and New India Assurance:

Considering the high cost and other financial problems incurred such as salary or job loss, medications and others; Bhartiya Mahila Bank (BMB) and New India Assurance has jointly launched insurance for infertility treatment irrespective of the financial status of an individual. The scheme is BMB Nirbhaya which was started in January 2014 and provides insurance coverage for infertility treatment along with maternity.

Here are the details:

Sum Assured: INR 1,00,000 to INR 5,00,000

Insurance Coverage: The insurance covers infertility, maternity, earnings loss due to critical health problems, hospitalization, morbid obesity, gynaec check-up


Premium: INR 1, 745 for coverage of INR 1,00,000 for women aged 22 years

Eligibility: Only for account holding women at Bhartiya Mahila Bank

Contact Details: For more information on insurance coverage for IVF treatment, you can reach BMB on 011-47472100 (New Delhi), 022-22022603/04 (Mumbai). For contact number of other branches in India, visit: http://www.bmb.co.in/branch-locations/

Fertility Insurance Scheme (IVF Suraksha) by CRAFT Hospital and Research Center

CRAFT Fertility Center in Chennai – India also offers insurance scheme for fertility treatment. Here are the details:

Membership fee: Rs. 2,50,000 which will cover multiple treatments.

What is so special about IVF Suraksha Scheme?

The Rs. 2, 50,000 fee is refunded (as mentioned on their website) if following four treatments fail:

  • Two IVF – ICSI
  • 3 – 5 frozen embryo transfers
  • Blastocyst transfer
  • Assisted hatching and freezing of extra embryos

For more details and any other terms & conditions related to this insurance scheme, you may reach them on the following address:

CRAFT Fertility Centre, 34/72, Ormes Road, Kilpauk, Chennai 600 010
Tel: +914442612635 Mob:+919840323971
E-mail: [email protected][email protected]

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