For Canadian citizens and permanent residents looking to bring their parents or grandparents for an extended stay, the Super Visa offers a convenient long-term solution. It allows eligible family members to stay in Canada for up to 5 years at a time without the need to renew their visitor visa frequently. However, a critical requirement for this visa is proof of valid Super Visa insurance—and for many families, finding an affordable and flexible way to pay for that insurance is just as important as the coverage itself.
In this guide, we’ll explore how Super Visa insurance monthly plan work, who offers them, how they compare to annual plans, and what you should consider before choosing a payment option.
What Is Super Visa Insurance?
Super Visa insurance is a private medical insurance policy required by Immigration, Refugees and Citizenship Canada (IRCC) for Super Visa applicants. It ensures that parents and grandparents visiting Canada are covered for emergency healthcare expenses, as they are not eligible for provincial health coverage.
To qualify, the policy must:
- Be issued by a Canadian insurance provider
- Provide at least $100,000 CAD in emergency medical coverage
- Be valid for a minimum of one year
- Be fully paid in advance at the time of application
Why Consider a Super Visa Insurance Monthly Plan?
Super Visa insurance can be costly—especially for older applicants or those with pre-existing medical conditions. An annual premium can range anywhere from $1,000 to over $5,000 CAD, depending on several factors (age, health, deductible, and coverage amount).
For many families, paying that amount in one lump sum can be financially burdensome. That’s where monthly payment plans come into play.
Benefits of Monthly Payment Plans:
- ✅ Lower upfront cost — ideal for families with limited cash flow
- ✅ Easier budgeting — payments are spread over time
- ✅ Refund options — some plans allow partial refunds if the visit is shorter than expected
- ✅ Same IRCC-compliant coverage — still meets Super Visa requirements
How Super Visa Insurance Monthly Plans Work
Technically, IRCC requires that Super Visa applicants pay in full for one year of insurance before applying. However, many Canadian insurance providers have developed monthly plans with refund guarantees to meet this requirement and provide flexibility.
Here’s how they typically work:
- You pay the full premium upfront for the year to satisfy IRCC
- If the visitor leaves early, you can cancel the unused months and receive a prorated refund (assuming no claims were made)
- Some insurers may offer “true monthly” payment options with automatic billing—these are generally used after the visa is approved
Factors That Affect Super Visa Insurance Rates
Understanding what goes into pricing can help you make the most of a monthly plan.
1. Age of the Parent or Grandparent
Older applicants pay more due to increased risk of health complications. For example:
- Ages 55–65: $1,100–$2,000/year
- Ages 66–75: $2,000–$3,500/year
- Over 75: $3,500–$5,000+/year
2. Pre-existing Medical Conditions
If your parent has a condition like diabetes or hypertension, expect to pay more, especially if you want it covered.
- With condition coverage: Add 20–50% to the rate
- Without coverage: Lower cost but limited protection
3. Coverage Amount
While $100,000 CAD is the minimum required, some families opt for $150,000 or $300,000 for added security. More coverage = higher premiums.
4. Deductible Level
Higher deductibles lower your premium. For example, a $1,000 deductible could reduce rates by 15–30% compared to a zero-deductible plan.
Monthly Super Visa Insurance Cost Estimate
Here’s an estimate of monthly payments for a $100,000 coverage plan (based on annual premium divided by 12):
Top Providers Offering Monthly Super Visa Insurance Plans
Several Canadian insurance companies now offer flexible payment options for Super Visa insurance:
1. Tugo
- Monthly plan option available
- Easy cancellation and refund process
- Strong reputation for seniors and families
2. Manulife
- Trusted brand with monthly and annual plans
- Good coverage for pre-existing conditions
- Digital policy issuance
3. GMS (Group Medical Services)
- Budget-friendly options
- Flexible deductible choices
- Available monthly payment options
4. Travelance
- Offers competitively priced monthly plans
- Good for high-risk applicants or older visitors
5. Allianz
- Comprehensive coverage with global support
- Refundable and customizable plans
Things to Consider Before Choosing a Monthly Plan
✅ IRCC Compliance
Even if you choose a monthly plan, make sure it satisfies the IRCC requirement of being fully paid upfront or has clear documentation showing refund eligibility.
✅ Refund Policy
Check whether the insurer offers prorated refunds if your parent leaves Canada early. Also confirm the conditions for eligibility (e.g., no claims filed).
✅ Claim History
If your parent uses the insurance (files a claim), you may not be eligible for any refund. This is standard across most insurers.
✅ Automatic Renewals
Some insurers offer monthly billing after the first year, which can be convenient if your parent plans to stay longer.
Common Questions About Monthly Super Visa Insurance
Q1. Is monthly Super Visa insurance acceptable for IRCC?
Yes—but the policy must be paid in full upfront or include a certificate proving full annual coverage. Some monthly plans are structured to comply with this by offering refunds later, not deferred payments initially.
Q2. Can I cancel the insurance early and stop payments?
Yes, as long as there are no claims filed and the visitor leaves Canada. Most providers allow for partial refunds.
Q3. What if I can’t afford the full upfront payment?
Some brokers offer financing options. Alternatively, you can choose a plan with a higher deductible to reduce the cost or ask the provider about installment payment options after visa approval.
Final Thoughts
Choosing the right Super Visa insurance rates is about more than just spreading out payments. It’s about finding a balance between affordability, compliance, and comprehensive coverage.
With flexible options available from several leading Canadian insurers, families no longer have to worry about making a large upfront payment. Whether you’re planning a short visit or a long-term stay, a monthly plan can offer both peace of mind and financial breathing room.
