Super visa insurance cost - A complete guide
Updated: Jan 25

Purchasing medical insurance is a major milestone in the completion of the application for a super visa for parents and grandparents. Before purchasing super visa insurance lots of people need answers to this fundamental question.


How much does medical insurance for Super visa cost?

This question can have many answers because there are several factors that control the cost of super visa insurance. This guide is about educating you to roughly estimate the cost of super visa insurance that best meets your medical and financial needs.


Super visa insurance MUST follow these criteria as per visa application requirements:

Provide coverage for at least one year i.e., 365 days.

Coverage should be of a minimum of $100,000 dollars.

These two requirements boost super visa insurance costs as you are required to pay an insurance premium for one year and you can’t purchase insurance coverage of less than $100,000. However, there are several other factors to control the cost of super visa insurance:


Super visa insurance cost

Age of applicant:

Age of the applicant (your parents) is the key factor that impacts the cost of insurance. Old age requires extra medical care and thus results in higher insurance costs. One year of super visa insurance should roughly cost $1222.75 to $3942.00 for the ages 50 to 85. This implies the cost of $101.89 a month to $328.50 a month for the ages 50 to 85 if you opt to enroll in the monthly payment plan. Note these insurance cost rates are for the $100,000 coverage plans. You should expect more cost for higher coverages.


Get free super visa insurance quote today on our website to best meet your medical and financial needs.

Pre-existing medical conditions:

Applicants with pre-existing medical conditions e.g., Blood Pressure, Heart, Dia****es, Lung, Cholesterol, and other medical issues should expect high insurance costs. Such conditions are usually covered by specially designed insurance plans (e.g., Enhanced plan on myTravel-insurance) if these conditions are stable in the last six months.


One year of super visa insurance should roughly cost $1879.75 to $6296.25 for the ages 50 to 85. This implies the cost of $156.64 a month to $524.68 a month for the ages 50 to 85 if you opt to enroll in the monthly payment plan. Note these insurance cost rates are for the $100,000 coverage plans. You should expect more cost for higher coverages.


Deductibles:

Deductible is the amount paid out of your pocket before an insurance provider will pay for any expense. Deductible selection is an option to reduce insurance costs. For example, in case of a medical emergency if you agree to pay a $1000 deductible out of your pocket and the rest of the expenses will be paid by insurance then one year of super visa insurance cost ranges roughly from $978.20 to $1503.80 for the ages 50 to 85. This implies the cost of $81.50 a month to $125.31 a month for the ages 50 to 85 if you opt to enroll in the monthly payment plan. myTravel-insurance provides a range of deductibles from $100 to $10,000 to reduce insurance rates to best suit your budget.


Monthly payment option:

We understand that purchasing super visa insurance for a full year is sometimes not affordable. Therefore, myTravel-insurance offers a monthly payment plan to help its customer manage insurance costs. Super visa monthly payment billing reduces the burden on your budget and provides you the flexibility to select insurance coverages that best match your parent's health conditions.


Get free super visa insurance quote and enroll in monthly payment option at the time of purchasing policy.

Relationship Discounts:

myTravel-insurance offers special discounts for companions and families.

A 5% discount is provided if you purchase insurance for companions traveling together. For example, you can get a 5% discount if your both parents are traveling together on a super visa.

Family Package: We offer a family package for families of three or more people. Family packages provide lower rates as compared to individual insurance costs provided above.

 

www.mytravel-insurance.com

Super visa insurance cost - A complete guide

A complete guide to educate you about the factors like age of applicant, pre-existing medical conditions, deductibles and monthly payment options that impact cost of super visa insurance.

Best health insurance for new immigrants to Canada
Updated: Jan 25

Immigrants or foreign-born people who moved to Canada are about one-fifth of the total population of Canada. Since 2001, Canada has welcomed roughly more than 200,000 immigrants and in 2017, the Canadian government announced around to welcome one million more immigrants to Canada. Canada promises free health care to its residents and citizens and this is one of the main services that attracts immigrants from all over the world.


Best travel medical insurance in Canada

However, new immigrants to Canada need to wait for around three to four months to get a health card provided by the provincial government in Canada, e.g., a health card provided by Ontario health. Any sickness or illness that happens during this three to four-month period can put new immigrants in trouble because health care is very expensive in Canada. In case of emergency, one night stay in the hospital can averagely cost $3000 to $5000. Therefore, to avoid such tough situations it is strongly recommended new immigrants or returning Canadians wait for provincial government health coverage to purchase medical insurance.


We understand that moving to a new country can be very difficult for you and your family financially and emotionally. To make your move to Canada safe and smooth we offer cost-effective medical insurance plans.



best travel medical insurance in canada



Why new immigrants should purchase insurance from mytravel-insurance.com?

$15,000 to 200,000 medical coverage options for up to 365 days (1 year). Provide extra $50,000 coverage of accidents on purchase of $100,000 coverage plan.

Best affordable Basic plan to cover your basic emergency medical needs. Basic needs covered under this plan are:

Emergency sickness

Physician visit

One follow-up visit per sickness

Emergency transportation (e.g., ambulance)

Prescribed medication

Coverage for stable pre-existing conditions - Enhanced plan provides coverage for stable pre-existing medical conditions plus all benefits provided under Basic plan. Pre-existing medical conditions are the medical conditions that exist at the time of purchasing policy e.g., Blood pressure, Lung, Dia****es, Heart and Cholesterol, etc. These conditions need to be stable in the last 180 days in order to be covered in insurance.

All plans provide Covid-19 coverage within Canada subject to the regular terms and conditions of the policy.

Discounts are available for companions and family.

100% refund - If no Visa Granted for any reason before the effective date

Partial premium refund - In case of change of plans provided there is no claim already processed.

 

www.mytravel-insurance.com

Best health insurance for new immigrants to Canada

Immigrant visa to canada needs to wait for a three to four month period to get medical coverage under provincial government health care. Any medical emergency during this wait period can cause financial trouble. We offer cost effective medical insura