The two basic requirements that applicants need to meet when applying for the Parent and Grandparent Super Visa are health insurance. This visa enables parents and grandparents to stay in Canada for an extended time, up to two years, without having to change their status. However, there is often a question about whether one should buy insurance for the Super Visa for 10 years. Now, let’s discuss why insurance is crucial, for how long it is necessary, and how to get the best Super Visa insurance.
The Role of Super Visa Insurance
The insurance of a super visa allows parents and grandparents access to Canada to have comprehensive medical coverage. It has a guarantee that they can be attended to as they seek medical services in the course of the stay, all without having to spend huge amounts of money. Everyone must pay for healthcare in Canada, and usually, emergency medical treatment is not cheap for foreigners. That is where Super Visa insurance comes into play as an insurance policy.
According to the Canadian government, the applicants who want to get the Super Visa must have private medical insurance from a company in Canada. The coverage must be valid for the next one year, and the minimum coverage had to be $100,000. This is another sweeping test that needs to be met for visa approval since lack of acceptable health insurance results in visa rejection.
Why the 10-Year Duration?
The Super Visa is on its own a long-stay visa, which may be used for a period of up to 10 years. This means that parents and grandparents can visit Canada several times in the course of that period without having to reapply. That is, while the visa is valid for 10 years, the insurance requirement is only for the time they would be in Canada, which can be up to 2 years at a time.
However, looking at the problem at first sight, one might think that it is not necessary to purchase Super Visa insurance for 10 years. Why would you require an insurance policy that will last for a decade, knowing that each stay cannot exceed two years? In fact, the majority of the insurance policies for the Super Visa holders are bought on an annual basis with a renewable option available. It also enables families to change the coverage depending on the plans of the visitor, which is very useful.
Is Full 10 Years Coverage Necessary?
The short answer is no; you do not have to purchase Super Visa insurance for 10 years upfront. The majority of those surveyed choose one- or two-year policies and then make their decisions based on what they need at the time. It makes more sense to buy insurance for the exact time each visit will take so that it is cheap and feasible. The applicant will not wish to incur coverage when the insured person is not in Canada.
But what if there are some health issues or doubts about future visits? It is necessary to think beforehand. It is also suitable for parents or grandparents if they have a plan to travel to Canada often to have a way to renew the insurance without complications. In this case, the annual renewal of the policy or choosing the multiple-year policy options may be useful.
Selection of the Best Super Visa Insurance
Several factors must be considered if one is trying to find the best Super Visa insurance, including the insurance coverage, the insurance cost, and the insurance company. As you will discover, not all insurance plans are the same, and the best one for your family will thus require some research.
Here are some tips to help you choose the best Super Visa insurance:
- Comprehensive Coverage: Choose insurance that offers a broad spectrum of medical services, which includes mandatory hospital stays, doctor’s visits, and prescription drugs, as well as emergency dental treatment. The best Super Visa insurance should also provide coverage for pre-existing conditions, if any, as it is supposed to be long-term visa insurance.
- Affordability: However, the amount of insurance should also be enough, but the cost of the insurance is also an important factor. Half a dozen or so insurance companies are plenty to compare so that you can get a plan that is cheap but also has enough coverage. You do not have to spend hours and hours on the internet searching for the perfect insurance provider; it is enough to compare half a dozen or so insurance companies. The cheapest plans may be very cheap for a reason and may not give you adequate coverage in instances of sickness.
- Provider Reputation: Make sure that you take your insurance from a legitimate insurance company that operates in Canada. Thus, the most suitable providers of Super Visa insurance are those who have provided satisfactory service when it comes to processing claims as well as excellent customer relations. Super Visa holders should seek to find out what other people have to say about the provider to determine their credibility.
- Flexibility: Some insurance companies can be flexible with regards to the time of the policy and the method of its renewal. This is important if your parents or grandparents decide to renew the policy for one year or several years.
Benefits of Annual Coverage vs. Long-Term Coverage
Most often, one-year Super Visa insurance policies are bought. This makes them flexible since families can just reinstate the policy depending on the travel plans. If parents or grandparents do not spend a year in Canada, or if they decide to leave before a year is up, you may be able to get a refund on the money spent for insurance that was not used. This flexibility makes annual coverage a favorite among many families.
However, for individuals with a thirst for insurance security, there are long-term, multi-year policies as well. Even though they might be relatively more costly initially, they save a lot of money on yearly renewals that can be useful to people who travel to Canada several times in the next few years. There are those who take policies for several years to be protected from future rate hikes on the policies they have taken.
In either case, to avoid this situation, getting the best Super Visa insurance helps your loved ones have full access to medical care without worrying about the costs.
Conclusion
However, you do not have to buy insurance for the whole period that the Super Visa is valid, which is up to 10 years. Choosing to purchase annual or multi-year plans based on your parents’ or grandparents’ travel plans is usually the most economical choice. The most suitable Super Visa insurance will be one that is all-round, reasonably priced, and from a reliable insurance company.
Searching for the best Super Visa insurance? If you are looking for a plan for your family, Parent Super Visa can assist you in the best way. Call us today and let’s get the ball rolling!
