Supervisa Canada is a great opportunity for parents and grandparents of Canadian citizens and permanent residents to visit and stay in the country for an extended period. However, to qualify for this visa, applicants must have valid Super visa insurance Canada, which ensures that visitors are financially protected in case of medical emergencies.
In this guide, we will explore the costs, coverage, and essential details about Super Visa Insurance in Canada.
What is Super Visa Insurance?
Super Visa Insurance is a mandatory requirement for obtaining a Super Visa, which allows parents and grandparents to visit Canada for up to five years per entry, with multiple entries permitted over ten years. The insurance covers healthcare costs, ensuring that visitors are not financially burdened in case of medical emergencies.
The insurance must meet the following conditions:
A minimum coverage of $100,000
Valid for at least one year from the date of entry
Must cover hospitalization, healthcare, and repatriation
Issued by a Canadian insurance company
Why is Super Visa Insurance Mandatory?
The Canadian government mandates Super Visa Insurance to ensure that visitors do not become a financial burden on the public healthcare system. Medical treatment in Canada can be expensive, and this insurance provides necessary financial protection against unforeseen health issues.
Super Visa Insurance Coverage
Super Visa Insurance provides extensive coverage for medical emergencies. Below are the primary benefits included:
1. Emergency Medical Expenses
Covers doctor consultations, hospital stays, and emergency treatments.
Protection against illnesses and injuries requiring medical attention.
2. Hospitalization
Covers costs of hospital stays, including room charges, diagnostic tests, and medication.
Some policies offer coverage for private or semi-private rooms.
3. Prescription Medications
Provides reimbursement for prescribed drugs needed during medical treatment.
4. Emergency Dental Treatment
Covers the cost of emergency dental procedures due to an accident or sudden pain relief.
5. Repatriation
Covers the cost of returning the insured person to their home country in case of a medical emergency or, in unfortunate cases, after death.
6. Paramedical Services
Includes coverage for physiotherapy, chiropractor, or ambulance services.
7. Follow-Up Treatment
Some policies offer coverage for follow-up treatments post-hospitalization.
Super Visa Insurance Cost in Canada
The cost of Super Visa Insurance varies based on multiple factors. Below are the primary determinants:
1. Age of the Applicant
Older applicants generally pay higher premiums due to increased health risks.
Some insurance providers may have age restrictions.
2. Coverage Amount
Policies start at a minimum coverage of $100,000 but can go up to $1 million.
Higher coverage results in higher premiums.
3. Policy Duration
The insurance must be valid for at least one year.
Longer policy durations may lead to lower per-month costs.
4. Deductibles
Policies with higher deductibles have lower premiums.
A deductible is the amount the insured must pay before the insurance coverage begins.
5. Pre-Existing Medical Conditions
Insurance costs are higher for applicants with pre-existing conditions.
Some providers offer coverage for pre-existing conditions at an additional cost.
6. Insurance Provider
Premiums vary across different Canadian insurance companies.
Comparing quotes from multiple providers is recommended to get the best deal.
Average Cost of Super Visa Insurance
The cost of Super Visa Insurance in Canada ranges between $800 to $2,000 per year per person. Below is an estimated breakdown:
$100,000 coverage: $800 - $1,500 per year
$150,000 coverage: $1,000 - $1,800 per year
$200,000 coverage: $1,200 - $2,000 per year
These costs vary based on the applicant’s age, medical history, and insurance provider.
How to Choose the Best Super Visa Insurance?
When selecting a Super Visa Insurance policy, consider the following factors:
1. Compare Multiple Quotes
Get quotes from different providers to find the best price and coverage.
2. Check Policy Inclusions and Exclusions
Read the fine print to understand what is covered and what is not.
3. Look for Pre-Existing Condition Coverage
If you have pre-existing conditions, ensure they are covered in the policy.
4. Consider Refund Policies
Some providers offer partial refunds if the visa is denied or if the visitor returns home early.
5. Verify the Insurance Provider
Ensure the insurer is licensed in Canada and has a good reputation.
How to Purchase Super Visa Insurance?
Purchasing Super Visa Insurance is a simple process:
Compare Providers: Use online comparison tools or consult an insurance broker.
Select a Plan: Choose the policy that best suits your needs.
Complete the Application: Provide necessary details like age, health status, and travel plans.
Make Payment: Pay the premium to activate the policy.
Receive Insurance Documents: The policy documents are required for Super Visa application.
Final Thoughts
Super Visa Insurance is a crucial requirement for obtaining a Super Visa, ensuring that visitors are financially protected in case of medical emergencies. The cost of insurance depends on several factors, including age, coverage amount, and health conditions. By comparing different policies and understanding the coverage details, applicants can secure the best insurance plan at an affordable price.
If you are planning to bring your parents or grandparents to Supervisa Canada, make sure they have the right Super visa insurance Canada to enjoy their stay worry-free!
