Planning to visit Canada under the Super Visa program? One of the key requirements is Super Visa insurance, which ensures that visitors have adequate health coverage during their stay. But how much does it cost?
In this guide, we’ll break down Super Visa insurance rates, factors affecting pricing, and how to find the best Super Visa insurance monthly plan to suit your budget.
What is Super Visa Insurance?
Super Visa insurance is a mandatory medical insurance policy for parents and grandparents visiting Canada under the Super Visa program. It ensures they are covered for medical expenses, hospitalization, and emergency care.
✅ Minimum Coverage Required: CAD $100,000
✅ Validity: Must be valid for at least one year
✅ Requirement: Must be purchased from a Canadian insurance provider
? Why is it important? Healthcare in Canada is expensive for non-residents. Without proper insurance, medical bills can be overwhelming.
How Much Are Super Visa Insurance Rates?
Average Cost of Super Visa Insurance
The cost of Super Visa insurance varies based on age, health, coverage amount, and provider.
? Typical Annual Premiums:
Age Group | $100,000 Coverage | $150,000 Coverage | $200,000 Coverage |
40 – 59 years | $900 – $1,500 | $1,100 – $1,800 | $1,300 – $2,000 |
60 – 69 years | $1,500 – $2,500 | $1,800 – $3,000 | $2,200 – $3,500 |
70 – 79 years | $2,500 – $4,000 | $3,000 – $5,000 | $3,500 – $6,000 |
80+ years | $4,000+ | $5,000+ | $6,000+ |
? Monthly Payment Option:
Instead of paying a lump sum, some providers offer a Super Visa insurance monthly plan. Expect to pay $100 – $400 per month, depending on coverage and age.
Factors Affecting Super Visa Insurance Rates
Several factors determine the cost of Super Visa insurance:
1. Age of the Applicant
? Older individuals (especially 60+) face higher premiums due to increased health risks.
2. Coverage Amount
? The minimum required coverage is $100,000, but some visitors choose $150,000 or $200,000 for added protection.
? Higher coverage = higher premiums.
3. Medical History & Pre-Existing Conditions
? Insurance rates increase if the visitor has diabetes, heart conditions, or other chronic illnesses.
? Some plans offer coverage for stable pre-existing conditions but at a higher cost.
4. Deductible Amount
? A higher deductible (amount paid out-of-pocket before coverage starts) reduces monthly premiums.
? Example:
- $0 deductible → Higher premium
- $1,000 deductible → Lower premium
5. Insurance Provider
? Different insurance companies offer varying rates and benefits.
? Compare multiple providers for the best deal.
Super Visa Insurance Monthly Plan: Is It a Good Option?
Many providers now offer a monthly payment plan to make insurance more affordable.
Pros of Monthly Plans
✔️ Easier budgeting – No need to pay thousands upfront.
✔️ Flexible payments – Spread costs over several months.
Cons of Monthly Plans
❌ Higher total cost – Some providers charge extra fees for monthly payments.
❌ Upfront deposit required – Many plans require 2–3 months’ payment in advance.
? Tip: Check for hidden service fees before opting for a monthly plan.
Top Super Visa Insurance Providers in Canada
Here are some of the best-rated Super Visa insurance providers:
1. Manulife
✔️ Offers monthly payment plans
✔️ Covers pre-existing conditions (if stable for 180 days)
✔️ Strong reputation in Canada
2. Sun Life
✔️ Competitive rates for healthy seniors
✔️ Covers hospitalization, prescriptions, and emergency care
✔️ Easy online application
3. Blue Cross
✔️ Customizable coverage options
✔️ Affordable plans with multiple deductible choices
✔️ Ideal for those needing pre-existing condition coverage
4. Allianz Global Assistance
✔️ Comprehensive coverage for high-risk travelers
✔️ Includes emergency dental and repatriation
✔️ 24/7 emergency assistance
5. TuGo Insurance
✔️ Best for flexible payment plans
✔️ Lower rates for younger applicants
✔️ Quick claims process
How to Find the Best Super Visa Insurance Rates
1. Compare Multiple Quotes
✔️ Use online comparison tools to find the best price.
✔️ Check coverage limits, exclusions, and customer reviews.
2. Choose the Right Coverage Amount
✔️ Opt for at least $100,000 coverage, but consider $150,000+ for better protection.
3. Consider a Deductible
✔️ If you're comfortable with some out-of-pocket costs, a higher deductible can lower premiums.
4. Look for Discounts
✔️ Some providers offer family discounts or early purchase discounts.
Final Thoughts: Getting the Best Super Visa Insurance
Super Visa insurance monthly plan is a must-have for visitors to Canada, but the cost can vary based on age, coverage amount, and provider.
