Monthly Super Visa Insurance Payment Plans/Arrangement
Acquiring the emergency medical insurance from Canadian insurance providers that lasts for at least one year is essential if you require the Parents and Grandparents Super Visa (PG – 1). Although this does seem extremely feasible, many people are initially reluctant to apply for this Super Visa (PG – 1) simply because its initial costs are high. Therefore, they tend to think twice before the pursuit of this process. Many Canadian Supervisa insurance providers realize this, and they start thinking of offering monthly payment arrangements for supervisa insurance. We have few providers who provide monthly plans, and we hope more providers will join them.
How does a monthly Payment Plan work?
21st Century Insurance Company effectively noted this problem down, and therefore, they wanted to provide a practical solution to encourage more applicants to select for this option. On the 8th of July, 2013, 21st Century introduced a unique monthly super visa insurance plan wherein clients and applicants can choose monthly payments for the Parents and Grandparents Super Visa (PG – 1). One of the crucial benefits of signing up for this Monthly Super Visa Insurance is that the clients can take advantage of premium amounts brought down considerably.
What makes this monthly option achievable is the fact that this option is also supported by other details that can significantly benefit the client or the applicant of the Parents and Grandparents Super Visa (PG – 1). When the client chooses to purchase the insurance coverage for the Supervisa insurance application, they can decide to pay just the installment amount at first when the approval of their application by the Canadian Immigration remains awaiting.
The deposit made for Supervisa insurance includes payment of two months, and plan set up fee of $50 also needs to pay in the 1st payment.
Monthly Super Visa Insurance (PG – 1) is an excellent alternative that enables monthly payment options.
Although you choose to arrive in Canada once your Supervisa has received its go-ahead, you must send a notification about the same to the Insurance company. It is only through the information that your policy will get activated.
Once the process mentioned above is complete, you will receive an effective arrival date. Once that has been decided, you will be required to pay off the monthly charges that make up the Monthly Super Visa Insurance ( PG – 1), which you will be required to pay over ten months.
However, suppose for some reason, your Supervisa application gets denied. In that case, you can be guaranteed that your two months’ premium will be returned to you after subtracting the $50 administration fee . In addition to this, there have been no changes made when it comes to partial cancellations, in case if you decide to terminate the application, it should be in written consent and must contain a proof of the return.