The short answer
Super Visa insurance rates depend mostly on the visitor's age, then on the coverage amount (at least $100,000), the deductible, whether stable pre-existing conditions are covered, and the insurer. Prices for the same person can differ a lot between insurers, which is why comparing several quotes is the most reliable way to save.
What sets the price
| Factor | Effect on price | What to consider |
|---|---|---|
| Age | Largest effect | Rates are set in age bands; a birthday before the start date can move the visitor into a higher band. |
| Coverage amount | Higher limit = higher price | $100,000 meets IRCC's minimum. More coverage protects against very large hospital bills. |
| Deductible | Higher deductible = lower price | Only choose a deductible the family could pay on each claim. |
| Pre-existing conditions | Coverage adds cost | Conditions must be stable for the plan's stability period to be covered. |
| Single or couple | Varies | Some insurers discount couples; compare the combined total. |
| Payment | Monthly can cost more in total | Watch for setup fees and cancellation fees on monthly plans. |
How age bands work
Insurers price Super Visa coverage in age bands — commonly 40–54, 55–59, 60–64, 65–69, 70–74, 75–79, 80–84 and 85+ (bands vary by insurer). Within a band the rate is the same; moving into the next band can raise the premium sharply, especially from 70 upward. Older applicants may also need to answer more medical questions, and some plans have a maximum issue age.
Because each insurer draws its bands and prices differently, the "cheapest" company for a 62-year-old is often not the cheapest for a 76-year-old. A live comparison shows this instantly.
7 ways to lower your Super Visa insurance cost
- Compare several insurers for the exact same age, coverage and deductible.
- Choose a sensible deductible — moving from $0 to $500 or $1,000 often makes a clear difference.
- Keep coverage at $100,000 if that suits your budget; it meets IRCC's requirement.
- Only add pre-existing coverage if it applies. If the visitor has a stable condition, it is usually worth it; if not, you pay for nothing.
- Check couple pricing with insurers that discount two travellers.
- Buy before a birthday that would move the visitor into a higher age band, if the start date allows.
- Compare annual and monthly totals. Monthly helps cash flow but can cost more over the year.
Annual payment vs monthly payment
IRCC accepts a Super Visa policy that is paid in full or in instalments with a deposit. Paying once for the year is usually simplest and can give more flexible refunds. Monthly plans reduce the upfront amount, but some insurers add a one-time setup fee, ask for the first payment in advance, and charge a fee if you cancel. Read our monthly payment guide before choosing.
Pankaj's tip: don't compare only the headline price. Two plans with the same premium can have very different refund rules, stability periods and claim support — those differences matter most when something goes wrong.
Super Visa rates FAQ
How much is Super Visa insurance in Canada?
There is no single price. The premium depends mainly on the age of each parent or grandparent, the coverage amount (minimum $100,000), the deductible, whether stable pre-existing conditions are covered, and the insurer. Rates rise sharply with age, so a 55-year-old and an 80-year-old can pay very different amounts for the same plan. The fastest way to see real prices is to run a quote, which shows each insurer's annual and monthly cost side by side.
Does a higher deductible lower the Super Visa insurance rate?
Usually yes. A deductible is the amount you pay on each claim before the insurer pays. Choosing $500, $1,000 or more can reduce the premium noticeably, especially for older applicants. It only makes sense if the family could comfortably pay that amount if a claim happens.
Is it cheaper to insure both parents together?
Some insurers offer a couple or family discount, while others simply add the two individual premiums. Each parent's age and health still sets their own price. Comparing 'couple' quotes lets you see which insurer gives the lowest combined cost.
Can I pay for Super Visa insurance monthly?
Yes. IRCC accepts a policy paid in instalments with a deposit, and several insurers offer monthly plans. Monthly plans usually ask for a first payment up front, may charge a one-time setup fee, and have their own cancellation rules, so compare the total yearly cost, not only the monthly figure. See our monthly payment guide.
Does Super Visa insurance cover pre-existing conditions?
Some plans offer coverage for stable pre-existing conditions, usually as an option that raises the premium. 'Stable' means no new symptoms, treatment or medication changes during a set period before the policy starts (often 90, 180 or 365 days, depending on the plan and age). Conditions that are not stable are generally excluded. Answer the medical questions honestly — a wrong answer can void a claim.
Can I get a refund if the Super Visa is refused?
Most insurers refund the premium in full if the visa is refused, as long as you send the refusal letter before the policy start date and no claim has been made. If the visitor goes home early, many plans refund the unused months when there are no claims, minus a cancellation or administration fee. Monthly plans can have different rules, so check them before you buy.