What is the cost of Super Visa Insurance ?

Every insurance company is unique in terms of offerings and also cost of super visa insurance is not same with all companies like some companies have basic plan with no coverage of pre-existing conditions or comprehensive plans. One must pay close attention to exclusions and eligibility section at the time of purchase. It is highly recommended that before you buy any policy online on this site or other sites you are fully confident about your purchase and you have clearly understood the policy wording booklet.

The cost of Super Visa insurance is determined by following:

Step 1 Getting a quote All Super Visa insurance policies must meet minimum requirements set by the Canadian Government and generally speaking following benefits are part of the plan booklet like; health care, hospitalization, and repatriation, type and levels of coverage etc. Every insurance company offers benefit details in the policy wording booklet like: Coverage amount for Drugs, Professional services, follow up visits etc. The cost of plan do varies based on offered benefits and claim experience of insurance company and operating profitability with other factors including but not limited to policy reserves, sales etc.

Step 2 Comparing benefits Once you have put your age, amount, traveling dates and coverage for pre-existing condition selection; the calculator gives you rates for up to 7 companies with all benefit and policy details mentioned on the side. Review the deductible options, benefit amount and other details before making a selection.

Step 3 Verifying the details and make a purchase When you are fully satisfied, you click the buy button and you are directed to secure site of insurance company to make a purchase. On the insurance company portal you are asked about all the details like: Name, DOB, traveling dates, health questions as per eligibility criteria, selection of product, address in Canada, sponsor and beneficiary details, contact information and lastly you make a secured online purchase using credit card.

It is highly recommended to read carefully and understand the quantum of benefits being offered and limitations. For example, doctor’s visit in case of emergency; medication amount covered per condition; follow-up visits and refills etc.

Conclusion

When buying for Super Visa insurance, be careful about selecting right plan? Price matters, but not at the cost of good benefits.

The most important step while applying under the super visa program is to buy right amount of coverage as stipulated by Canadian Immigration. Everyone wants to buy cheapest available coverage with maximum benefits.

There are so many companies in the public domain who offer Super Visa insurance but proper care must be taken in understanding the coverage benefits, exclusions, eligibility questions, pre-existing coverage, additional benefits, clam process and refund etc. to name few.

One must read the benefit booklet to completely understand the coverage details. Many people just shop for rates only and pay little or no attention to coverage or product details. Please be advised that Super Visa insurance product is not universal, every insurance company has its own offering or coverage details and if not selected properly can cost very dear to you.