Canada’s Parent Super Visa allows parents and grandparents of Canadian citizens and permanent residents to visit and stay in the country for up to 5 years per visit. However, one of the key requirements for obtaining a Super Visa is having valid Super Visa insurance.
If you’re looking for the best parent Super Visa insurance options that are affordable and meet all eligibility criteria, this guide is for you. We’ll cover Super Visa insurance costs, coverage, eligibility, and how to find budget-friendly plans to secure your parents’ visit to Canada without financial worries.
What is Parent Super Visa Insurance?
Parent Super Visa insurance is a mandatory health insurance policy for individuals applying for a Super Visa. This insurance covers medical emergencies, hospital stays, and repatriation for visitors in Canada.
Key Features of Super Visa Insurance:
✅ Minimum coverage of $100,000 (as required by IRCC)
✅ Valid for at least one year from the date of entry
✅ Covers healthcare, hospitalization, and repatriation costs
✅ Must be purchased from a Canadian insurance provider
Without proper Super Visa insurance, the application for a Parent Super Visa can be denied, making it essential to choose the right plan.
Eligibility for Super Visa Insurance
To apply for a Parent Super Visa, the applicant must meet specific eligibility criteria, including:
1. Relationship Requirement
- The applicant must be the parent or grandparent of a Canadian citizen or permanent resident.
2. Letter of Invitation
- A signed invitation letter from the child or grandchild, which must include:
- A commitment to financial support
- The number of people in the household
- A copy of the Canadian status document (passport or PR card)
3. Proof of Financial Support
- The sponsor must meet the minimum income requirement based on the Low-Income Cut-Off (LICO) table.
4. Medical Insurance Requirement
- The applicant must purchase Super Visa insurance from a Canadian provider before applying.
Meeting these requirements ensures a higher chance of Super Visa approval without complications.
How Much Does Parent Super Visa Insurance Cost?
The cost of Super Visa insurance depends on several factors, including:
🔹 Age of the applicant – Older applicants may have higher premiums
🔹 Coverage amount – Minimum $100,000, but higher coverage is available
🔹 Pre-existing medical conditions – Policies may cost more if health issues exist
🔹 Deductibles – Choosing a higher deductible can reduce monthly premiums
🔹 Insurance provider – Rates vary between different companies
Average Super Visa Insurance Rates (2024 Estimates):
|
Coverage Amount |
Age 40-54 |
Age 55-69 |
Age 70-79 |
Age 80+ |
|
$100,000 |
$80-$120/month |
$100-$180/month |
$200-$300/month |
$400+ per month |
|
$150,000 |
$100-$150/month |
$130-$220/month |
$250-$350/month |
$500+ per month |
|
$200,000 |
$120-$180/month |
$150-$250/month |
$300-$400/month |
$600+ per month |
💡 Tip: Purchasing an annual plan instead of a monthly plan can often result in lower overall costs.
How to Find Affordable Parent Super Visa Insurance Plans
Finding affordable Super Visa insurance without compromising coverage is possible by following these strategies:
1. Compare Multiple Providers
Get quotes from at least 3-5 Canadian insurance companies to compare coverage, premiums, and exclusions. Some top providers include:
- Manulife
- Sun Life
- Tugo
- GMS (Group Medical Services)
- Allianz Global Assistance
2. Choose a Higher Deductible
Opting for a higher deductible (e.g., $500 or $1,000) can reduce monthly costs. However, be sure you can afford to pay the deductible if needed.
3. Buy Insurance Online for Discounts
Many insurance providers offer online discounts when purchasing policies directly through their websites.
4. Consider Family Plans
If both parents or grandparents are traveling, a family insurance plan may be more cost-effective than separate policies.
5. Look for No-Pre-Existing Condition Plans
If the applicant has serious medical conditions, some plans exclude pre-existing conditions. Choosing a plan without this coverage can lower the premium.
Super Visa Insurance Monthly Plans vs. Annual Plans
Many insurance providers offer monthly payment options instead of paying the full premium upfront. However, there are some key differences to consider:
|
Feature |
Monthly Plan |
Annual Plan |
|
Upfront Cost |
Lower monthly payments |
Full payment required upfront |
|
Overall Cost |
Can be slightly higher over time |
Usually cheaper in total |
|
Cancellation Policy |
May include cancellation fees |
Easier to get a refund if the visa is rejected |
|
Best For |
Budget-conscious applicants |
Those who prefer lower total costs |
💡 Tip: If you can afford to pay the full amount upfront, you may get better rates compared to a monthly plan.
How to Apply for Super Visa Insurance
Step 1: Research & Compare Plans
Use online comparison tools or speak with insurance agents to find the best policy.
Step 2: Choose the Right Coverage
Ensure that the policy meets IRCC’s minimum requirement of $100,000 coverage and includes essential benefits.
Step 3: Purchase the Insurance
Buy the insurance before applying for the Super Visa and keep a copy of the policy for submission.
Step 4: Submit Proof with Your Visa Application
Attach the insurance policy document when applying for the Parent Super Visa.
Final Thoughts: Get the Best Parent Super Visa Insurance
Securing the right Super Visa insurance ensures peace of mind for both visitors and their families. With proper coverage, affordable plans, and eligibility criteria met, you can successfully bring your parents or grandparents to Canada without financial stress.