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Super Visa Insurance Refund
Is Super Visa Insurance Refundable?
When you purchase Super Visa insurance, you provide your expected travel date to your broker, and the policy starts from your departure date. If you decide not to visit Canada, your visa is denied, or you return home early, you may be eligible for a partial or full refund of your Super Visa insurance premium.
Although Super Visa insurance typically covers a full year, refunds may be available if you return home earlier than expected. Some companies refund unused days minus an administration fee, while others may refund the remaining premium regardless of the number of days left in the policy. However, some insurers may have restrictions on refunds based on the number of days remaining in the policy.
For instance, if there are only 15 days left in the policy, one company may issue a refund for those days, while another may not refund any amount due to the remaining days being less than their specified threshold.
Refunds for Super Visa Insurance Policies
Refunds for Super Visa Insurance policies can be issued under certain circumstances:
- Visa Application Refusal: If the Canadian High Commission rejects the Super Visa application, a 100% refund is available before the insurance start date.
- Early Return: If your parents or grandparents return home early and no claims are made, a partial refund may be issued after deducting an admin fee, typically between $25 to $100 per policy per person.
- Visa Issued but Not Used: If the visa is issued but your parents or grandparents decide not to visit and request cancellation of the policy, a refund can be issued minus an admin fee, which may be up to $250 per policy per person or more.
Specific conditions apply to Super Visa Insurance refunds, and plan details vary between companies. It’s essential for all applicants to carefully review the policy terms and conditions before purchasing.
In the application one must provide proof that your child or grandchild meets the minimum income threshold.
Eligibility Criteria for Super Visa Applicants
To qualify for a Super Visa, you must meet the following requirements:
- Relationship: You must be the parent or grandparent of a Canadian citizen or permanent resident of Canada.
- Entry Permission: You must be admissible to enter Canada, meeting all necessary immigration requirements.
- Financial Support: Your sponsor (your child or grandchild) must provide a written statement confirming their commitment to financially support you during your stay in Canada.
- Invitation Letter: You need to present a letter of invitation from your child or grandchild residing in Canada.
- Medical Insurance: You must have medical insurance coverage for a minimum of one year with at least $100,000 in coverage.