The Super Visa is a fantastic opportunity for parents and grandparents to visit their loved ones in Canada for extended periods. However, one of the key requirements is having valid Supervisa Insurance. If you are planning to apply in 2025, here are the top five things you need to know about Super Visa Insurance to ensure a smooth application process.
1. MINIMUM COVERAGE REQUIREMENT: STILL $100,000, BUT CONSIDER HIGHER COVERAGE
The Government of Canada requires a minimum of $100,000 in medical insurance coverage, but considering the rising healthcare costs, many applicants opt for $150,000 or even $200,000 in coverage. This ensures better protection against unexpected medical emergencies, especially for seniors. With Planet Insurance, we offer coverage options up to $1 million for greater peace of mind.
2. POLICY MUST BE VALID FOR AT LEAST ONE YEAR
A common mistake applicants make is purchasing insurance for a shorter duration. Your Super Visa Insurance must cover at least 365 days from the date of entry. Even if your visit is shorter, you must buy a one-year policy upfront to meet the immigration requirements.
3. PRE-EXISTING CONDITIONS COVERAGE IS AVAILABLE
Many seniors have pre-existing health conditions, and more insurers are offering coverage for these conditions. However, there’s usually a stability period requirement (e.g., the condition must be stable for 180 days before the policy starts). Be sure to check your eligibility and choose a plan that best suits your health history. With Planet Insurance, we work with carriers that offer a stability period of just 90 days, providing greater flexibility for our clients.
4. REFUND POLICIES ARE MORE FLEXIBLE
If your Super Visa is denied or you decide to leave Canada earlier than planned, most insurance providers offer partial or full refunds (minus admin fees). Always review the refund policy before purchasing your plan to ensure you’re not stuck with unnecessary costs. At Planet Insurance, our advisors ensure you understand all potential costs upfront, so there are no surprises when it comes to refunds.
5. MONTHLY PAYMENT OPTIONS ARE AVAILABLE
A common mistake applicants make is purchasing insurance for a shorter duration. Your Super Visa Insurance must cover at least 365 days from the date of entry. Even if your visit is shorter, you must buy a one-year policy upfront to meet the immigration requirements.
FINAL THOUGHTS
Super Visa Insurance is a crucial step in your application, and choosing the right plan an save you from financial stress in case of medical emergencies. At Planet Insurance, we ensure you get the best plan tailored to your needs. If you’re unsure about which plan suits your family best, feel free to reach out to us at 416-524-3535.
