If you’re planning to bring your parents or grandparents to Canada on a Super Visa, understanding the Super Visa insurance cost is essential. This insurance isn’t just a recommendation — it’s a mandatory requirement set by the Canadian government. But how much will it actually cost you? What factors influence the price? And can you save money without compromising on coverage?
In this detailed guide, we’ll break down everything you need to know about Super Visa insurance rates, so you can make an informed and cost-effective decision for your family.
What is Super Visa Insurance and Why is It Required?
Before diving into the numbers, let’s quickly recap what Super Visa insurance is.
The Super Visa allows parents and grandparents of Canadian citizens and permanent residents to stay in Canada for extended periods — up to 5 years per visit, with multiple entries over 10 years. However, to qualify, applicants must show proof of private medical insurance from a Canadian insurance provider.
This insurance must:
- Offer a minimum of CAD in coverage
- Be valid for at least one year
- Cover health care, hospitalization, and repatriation
- Be issued by a Canadian insurance company
Without this coverage, a Super Visa application won’t be approved.
Factors That Influence Super Visa Insurance Rates
1. Age of the Applicant
Older applicants are considered higher risk, so premiums increase with age. Seniors over 70 generally pay the most.
2. Medical History & Pre-Existing Conditions
If your parents have conditions like diabetes, high blood pressure, or heart issues, insurers may charge more — or exclude coverage altogether if the condition isn’t “stable.”
3. Coverage Amount
While the minimum coverage is $100,000 CAD, some families opt for $150,000 or even $300,000 for added peace of mind — which increases the premium.
4. Deductible Amount
Choosing a higher deductible (i.e., what you pay out-of-pocket before insurance kicks in) can lower your premium. For example:
- $0 deductible = higher premium
- $1,000+ deductible = lower premium
5. Length of Coverage
Most people purchase a full 1-year policy upfront, but if you choose a longer or more flexible plan (like monthly payments), costs may vary slightly.
What Does Super Visa Insurance Typically Cover?
When you buy Super Visa insurance, it generally includes:
- Emergency medical care
- Hospital stays and surgeries
- Prescription medication (up to a limit)
- Diagnostic tests and X-rays
- Ambulance services
- Emergency dental care
- Repatriation of remains
Always read the fine print. Some cheaper plans may exclude coverage for stable pre-existing conditions or have strict claim policies.
Example: Real-World Price Comparisons
Let’s take two common visitor profiles and compare estimated Super Visa insurance costs:
Case 1: Healthy 60-Year-Old, No Pre-existing Conditions
- Coverage: $100,000
- Annual cost
- With $1,000 deductible
Case 2: 75-Year-Old with Controlled Diabetes
- Coverage
- Annual cost
- With $1,000 deductible
Each insurance provider will price these differently, which is why comparing quotes is key.
Monthly Payment Plans vs. Annual Payment
Some insurers now offer monthly Super Visa insurance plans, which allow you to spread the cost over the year instead of paying the full amount upfront.
- Annual upfront plan: Better value, but higher initial payment
- Monthly plan: Easier on the wallet short term, but may cost slightly more in the long run
📝 Note: Monthly plans often require automatic withdrawals and may come with cancellation fees.
How to Save on Super Visa Insurance
Want to reduce your Super Visa insurance cost without sacrificing coverage? Here are some proven tips:
✅ Compare Multiple Quotes
Use online tools or brokers to get quotes from multiple providers. Rates can vary by hundreds of dollars for the same coverage.
✅ Choose a Higher Deductible
If your parents are generally healthy, opting for a higher deductible can reduce your premium significantly.
✅ Buy in Advance
Some insurers offer early-bird discounts for buying 30+ days before the arrival date.
✅ Bundle with Other Coverage
If your family needs other travel or health coverage, some insurers may offer discounts for bundling.
✅ Consider Refundable Plans
Some policies offer partial refunds if your parents leave early or if the visa is denied — saving you money in the long run.
Where to Buy Super Visa Insurance
Here are a few popular and trusted Canadian providers for Super Visa coverage:
- Manulife
- 21st Century Travel Insurance
- Allianz Global Assistance
- GMS (Group Medical Services)
- Travelance
You can also work with licensed insurance brokers who specialize in Super Visa insurance rates — they often have access to multiple companies and can help you find the best deal for your situation.
Final Thoughts
Understanding the true Super visa insurance rates is a crucial step in planning your parents’ or grandparents’ visit to Canada. While rates vary based on age, health, and coverage level, being informed and comparing providers can save you hundreds — even thousands — of dollars.
With the right plan, you can ensure your loved ones are protected during their stay, giving you peace of mind and meeting all Super Visa requirements set by the Canadian government.
