Super Visa Insurance Rates in Canada: How Much Should You Expect to Pay?

The Super Visa is a popular option for parents and grandparents of Canadian citizens and permanent residents who wish to stay in Canada for extended periods. However, one of the essential requirements for obtaining a Super Visa is purchasing Super Visa Insurance.

Since healthcare in Canada is expensive for non-residents, Super Visa Insurance ensures that visitors have adequate medical coverage, including hospitalization, doctor visits, and emergency care. But how much does Super Visa Insurance cost? The rates vary based on factors like age, coverage amount, duration, and medical history.

In this guide, we’ll break down the Super Visa Insurance rates in Canada, explain the factors affecting costs, and provide tips on how to find the best policy at an affordable price.

What is Super Visa Insurance?

Super Visa Insurance is a mandatory health insurance policy that provides medical coverage for Super Visa Insurance rates holders during their stay in Canada. The Canadian government requires applicants to have a minimum coverage of $100,000 from a Canadian insurance provider, valid for at least one year.

What Does Super Visa Insurance Cover?

✔️ Emergency medical treatment
✔️ Hospitalization and surgeries
✔️ Doctor consultations
✔️ Prescription medications
✔️ Diagnostic tests (X-rays, lab work, etc.)
✔️ Emergency dental care
✔️ Ambulance services
✔️ Repatriation (return to home country in case of death)

Since Canadian healthcare is publicly funded, visitors must have private insurance to cover any medical expenses during their stay.

How Much Does Super Visa Insurance Cost?

The Super Visa Insurance rates depend on several factors, including:

• Age of the applicant

• Coverage amount ($100,000 minimum, but higher coverage options are available)

• Pre-existing medical conditions

• Duration of stay

• Insurance provider

Estimated Super Visa Insurance Rates in Canada (2024)

Note: These prices are estimated and vary by insurance provider, pre-existing conditions, and deductible choices.

Factors That Affect Super Visa Insurance Rates

1. Age of the Applicant

• Older applicants have a higher risk of medical issues, leading to higher insurance premiums.

• Seniors over 70 generally pay twice as much as younger applicants.

2. Coverage Amount

• The minimum coverage required is $100,000, but many applicants opt for $150,000 or $200,000 for added security.

• A higher coverage limit increases the overall cost.

3. Pre-Existing Medical Conditions

• Some insurance providers cover stable pre-existing conditions, but these policies cost more than standard plans.

• Stability periods (e.g., 180 days without symptoms) are required to qualify for coverage.

4. Deductible Amount

• A higher deductible lowers the monthly or upfront premium but increases out-of-pocket expenses in case of a claim.

• Common deductible options: $0, $500, $1,000, $5,000 (higher deductibles reduce premiums by up to 40%).

5. Insurance Provider

• Different insurers offer varying rates, discounts, and coverage benefits.

• Popular Canadian providers include:

• Manulife

• Sun Life

• Blue Cross

• TuGo

• Allianz

6. Duration of Stay

• Super Visa Insurance must be purchased for at least one year, but visitors who stay for less than a year can request a partial refund if no claims were made.

How to Find the Best Super Visa Insurance at an Affordable Rate

✅ 1. Compare Multiple Insurance Providers

Get at least three quotes from different providers to compare rates, coverage, and customer reviews.

✅ 2. Choose the Right Deductible

If you want lower premiums, consider a higher deductible, but ensure you can afford the out-of-pocket expenses in case of a claim.

✅ 3. Check for Discounts & Promotions

Some insurance companies offer:

• Discounts for couples (if both parents are applying)

• Annual payment discounts

• Loyalty discounts for returning customers

✅ 4. Buy Insurance Online

Many insurance providers offer cheaper rates for online applications compared to brokers.

✅ 5. Review the Policy’s Fine Print

Always read the exclusions and refund policies in case of visa denial or early return.

Frequently Asked Questions (FAQs)

1. Can I pay for Super Visa Insurance monthly?

Most providers require full upfront payment, but some offer monthly payment options with an additional service fee.

2. Can I get a refund if my Super Visa is denied?

Yes, most insurers provide full refunds if the visa is denied, provided no claims were made.

3. What happens if I leave Canada before my insurance expires?

If no claims were made, you may be eligible for a partial refund for the unused portion of the policy.

4. Does Super Visa Insurance cover pre-existing conditions?

Some insurers offer coverage for stable pre-existing conditions (e.g., no changes in symptoms or medication for 180+ days).

5. Is Super Visa Insurance required every year?

Yes, the policy must be renewed annually if the visitor stays beyond the initial coverage period.

Conclusion

Super Visa Insurance rates in Canada depend on factors like age, coverage amount, pre-existing conditions, and the insurance provider. On average, you can expect to pay $800 to $5,000+ per year, depending on the applicant’s age and coverage needs.

To get the best rates, compare quotes, choose an appropriate deductible, and check for discounts or promotions. Proper Super visa insurance cost not only ensures compliance with immigration requirements but also provides peace of mind during the stay in Canada.