Who and all are eligible to open an RESP in Canada?
By Canadian LIC, January 21, 2022, 3 Minutes
The start of 2011 saw the government of Canada allow parents and grandparents of permanent residents and Canadian citizens to visit their dear ones in the country through a Super Visa. This visa gives them the freedom to visit the country multiple times without going through the hassle of applying for a visa with every re-entry. The visa is valid for ten years, and the individual can stay up to two years at a time. The process is simple; the person that is applying for a super visa must purchase an insurance plan from any Canadian insurance company, and they must also present proof that their child/grandchild will take care of them financially during their stay in the country. They must also have a sufficient amount of income in the bank under the guidelines of the Immigration Refugees and Citizenship Canada (IRCC).
Once the IRCC approves your super visa application, and you have purchased the insurance policy, they are free to enter Canada as many times as they like for the next ten years. Unlike a straightforward visit visa, where the person can stay for up to only 6 months, the super visa allows the person to stay in the country for a maximum period of two years upon their arrival. Another benefit of super visa insurance is that it is affordably priced.
With super visa insurance, you can rest assured; your parents or grandparents will get the necessary medical attention in the event of an unfortunate medical emergency during their stay in Canada. The insurance plan gives them access to some of the best healthcare facilities in the country that the residents use.
What does super visa insurance cover?
Super visa insurance provides medical coverage for grandparents and parents of permanent residents and Canadian citizens. Below-mentioned is what a super visa insurance plan typically covers:
- Any medical emergency: The patient will be provided with a licensed physician, surgeon, anaesthetist, or registered graduate nurse.
- Hospital care: Semi-private room rate or ICU if required. Emergency room fees: up to $150 per day to a maximum of $1,500 for incidental expenses billed by the hospital, such as telephone, television, or internet charges while you are being hospitalized.
- Emergency out-patient services: A registered private duty nurse as the result of a covered emergency, when medically necessary and while hospitalized, or instead of hospitalization, up to a maximum of $10,000.
- Diagnostic services: Laboratory tests and x-rays. magnetic resonance imaging (MRI), cardiac catheterization, computerised axial tomography (CAT) scans, sonograms or ultrasounds and biopsies if approved.
- Travel assistance: Economy airfare plus up to $150 per day. Air ambulance to the nearest appropriate medical facility is also provided if needed.
- Medical evacuation: Air ambulance to the nearest appropriate healthcare facility.
- Repatriation of remains: Up to a maximum of $10,000
- Prescription of medication: This benefit is only limited to a 30-day supply of prescriptions.
- Accommodation and meals: Up to $150 a day for a maximum period of ten days which can be utilized for accommodation, telephone calls, internet fees, taxi fare or rental.
- Dental: Up to $3,000 to repair, or replace natural teeth that have been damaged due to an accidental blow to the face; additional $500 for emergency dental treatment for relief of pain caused other than a strike to the face.
Please keep in mind that every super visa insurance policy is different and ensure that you get expert help from the professionals at CanadianLIC to help you, especially if you have any pre-existing medical conditions.
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The above information is only meant to be informative. It comes from Canadian LIC’s own opinions, which can change at any time. This material is not meant to be financial or legal advice, and it should not be interpreted as such. If someone decides to act on the information on this page, Canadian LIC is not responsible for what happens. Every attempt is made to provide accurate and up-to-date information on Canadian LIC. Some of the terms, conditions, limitations, exclusions, termination, and other parts of the policies mentioned above may not be included, which may be important to the policy choice. For full details, please refer to the actual policy documents. If there is any disagreement, the language in the actual policy documents will be used. All rights reserved.
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