Prepare with Mediclaim - Financial Planning before your child birth.

I think most of the well to do urban indians have a decent amount of mediclaim under their belt. If you have a corporate group mediclaim policy, then please go through the Maternity benefit clause under it. There is a high possibility that the maternity benefit is much less than the normal accidental mediclaim benefits. In that case, you need to prepare ahead of a child-birth. Either go for a mediclaim option which has a higher cap to maternity related benefits. Or else keep aside some emergency fund for your child-birth. In any case early financial planning does save your money and time, during an emergency.

So, in a nut shell :

1) Plan up with necessary  finance / fund requirement in advance.

2) Go through your mediclaim policy (Terms & conditions) for maternity benefits.

3) Set aside some finance for possible medical emergency which may occur post maternity phase as well.