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Super Visa Insurance – Monthly Plans
Often, people refrain from opting for super visa insurance because of its expensive costs. Well, with a monthly plan, you can easily pay for your parents’ or grandparents’ super visa insurance without any hassle. The payment amount can be adjusted as per your financial situation. You can find out more about this matter when you contact Canadian LIC and ask for the monthly plan option for this policy. We will be more than happy to share all the details with you. Schedule an appointment today.
How does the super visa monthly plan work?
Initially, after choosing this Super Visa Insurance Plan, you would have to pay an administrative fee. It would act as a security deposit to cover the last two months of the coverage period. Once the payment is confirmed, you will receive a confirmation of your insurance coverage, and then you can go ahead and apply for the visa.
In the next part, once the visa is approved and you confirm the exact arrival date of the insured person, you will have to get in touch with us to activate the insurance policy. At this time of activation, we will require one monthly premium for the coverage of the first actual month that the insured person is in Canada.
You should know that if the super visa applicant is in Canada at the time of your application, then the Super Visa Insurance Policy has to be activated ASAP, and an initial payment of three months’ premium plus the administration fee will have to be made. This will cover the first and the last two months. Post that, regular monthly payments will be charged on the effective date till the insurance cost has been paid for in full.
Why choose a monthly plan on super visa insurance
Other than the major reason that you can pay the cost of the super visa insurance policy over an extended period rather than paying everything at once, there are some additional reasons why you should choose a monthly plan for this policy”
Low Premiums With a monthly plan, you will have access to low premiums, meaning that while you pay back for the policy, you won’t have to worry too much about managing your monthly financial expenses.
Flexible Terms With Canadian LIC, you will always have the choice of the start date and end date of the monthly plan. You will have the option to change the dates before the start of the coverage.
Refunds If, for some reason, the visa is not granted, then you will get a refund on your policy.
Partial refunds: This option is beneficial if your parents or grandparents do not stay the entire term of the policy. During their stay, if no claim is made, then a prorated refund will be available.
You can resolve any queries you may have by getting in touch with our team at Canadian LIC. They will be more than happy to resolve them.