Posts

Buy Critical Illness Insurance in Canada

Image
Very few people are lucky, who had not to use critical illness insurance. Many people have not even heard about critical illness insurance. But when any serious health emergency happens namely stroke, heart attack, or cancer there is only one thing that can prevent your financial ruin.       People often purchase health insurance to protect themselves and their families. But when the cost of a life-threatening disease goes exorbitant mere health insurance cannot cover all of that. This article provides you with detailed information on critical illness insurance in Canada , and why it should be your top priority.  Key Points: As an extra shield to protect yourself from medical emergencies, there is no match for critical illness insurance There are some medical emergencies that cost you more than any average medical cost and critical illness insurance is meant to cover those expenses.  The illnesses covered by critical illness insurance need large-scale med...

Super Visa Insurance: What Else to Know?

Image
  The Super Visa is a great opportunity for parents and grandparents of Canadian citizens and permanent residents to spend time with their families in Canada.  In order to obtain a Parent or Grandparent Super Visa for Canada, applicants need to have valid emergency medical insurance. Super Visa applications need a proof that they have purchased private emergency medical insurance valid for a minimum of 1 year, from a Canadian insurance company and that it: Gives coverage for emergency medical care, hospitalization and repatriation Offers a minimum coverage of $100,000 Has validity for each entry to Canada and is available for review by a port of entry officer Discuss with a reliable insurance brokerage company about the super visa medical insurance cost . How Can You Become Eligible for A Parent and Grandparent SuperVisa? The applicant should be the parent or grandparent of a Canadian citizen or permanent resident of Canada  The applicant should have a signed letter from...

An Overview On Permanent Life Insurance In Canada

Image
You may have done more than one investment like a car, gold jewelry or an extra property, which is indeed very good. But do you have a life insurance policy? If you do not have one then in need you have to sell all your precious possessions. More than everything, life insurance is essential for securing your family’s financial future. At present you are there to provide them all the necessary things and cover the daily expenses. Have you thought about what will happen in your absence? Who is going to take care of your family? If you depend on relatives or friends, you will be mistaken. They have their own priorities so won’t be able to look after your near ones. In your absence due to financial crises your loved ones will suffer terribly. It will be difficult for them to manage everyday expenses. If you do not want to cause them trouble, purchase the right insurance policy before it is too late. After your death the beneficiary will get the exact amount as per the policy you have done....

What Conditions Are Applied for a Medical Insurance for a Super Visa?

Image
Family is so important, and living in another country makes you feel lonely without your family. A super visa may be available to grandparents and parents of Canadian citizens and permanent residents. This visa allows them to enter Canada multiple times for up to ten years and up to two years at a time. But would you prefer to invest in healthcare costs if your parents or grandparents become ill or injured while here? On the other hand, many would even hesitate to take the treatment because of the cost. Because of this, a parent or grandparent must have private medical insurance that complies with the super visa requirements. Super Visa applicants must submit evidence of private medical insurance and apply for medical insurance for super visa . The confidential clinical protection must: Be purchased from an insurance company in Canada; Be paid in full or in smaller amounts with a deposit (no quotes); Be valid for something like one year from the date you'll enter Canada; Take care ...

What Else to Know About Parent’s Super Visa?

Image
There is a unique visitor’s visa available for relatives of Canadian citizens and permanent residents of Canada. A typical visitor’s visa in Canada permits the visitors to visit the country only for 6 months. A parent's super visa is quite different, it is a multi-entry visa that gives permission to stay as long as 5 years and with this visa, you can even apply for a 2-year extension. After you get the approval for a super visa, this gets validity for 10 years. Requirements of Super Visa  Here are some of the requirements for super visa eligibility in Canada . To be  eligible for a super visa the applicant must: be the parent or grandparent of a Canadian citizen or Canadian permanent resident show a letter of invitation by their child or grandchild ensuring they will provide economical support for the visa-holder while they are staying. possess proof from their relative showing they have the source of the minimum income to provide for the applicant’s stay in Canada submit a c...

3 Things to Consider to Choose Term Life Insurance Quote in Canada

Image
Earlier investment in term life insurance is a great way to achieve financial freedom for years. The term life insurance is the simplest form of insurance that provides you coverage for a specific period and your beneficiary receives the pre-defined death benefits.  The prime purpose is to have financial security for you and your family. If you are looking for an investment plan that gives such security, here are a few tips that will help you invest safely in term life insurance quotes in Canada . Let's get started. Consider the life stage: Before investing in the plan, consider the life stage. The person's age matters a lot because it helps to decide the amount of coverage you need, the premium amount and the policy duration. Each individual in Canada has different requirements, as does their insurance policy. Therefore, consult a trustworthy insurance broker to know when you should start investing. Know your dependents: If you've got a family and you're the sole brea...

4 Essential Suggestions to Purchase Medical Insurance for Super Visa

Image
Visiting abroad is one of the most desirable dreams in everyone’s life. Although there are certain rules and regulations according to which the applicant must proceed to do the necessary. Are you too willing to visit abroad in countries like Canada? Oh, that’s amazing! In case your child or grandchild is a permanent citizen of the country then you would be able to get the exciting opportunity to visit the country with a super visa. Now to get the super visa, you need to get your health insurance done from a reliable insurance provider as it is a government mandate that must be followed by every super visa applicant. Mind you, that the cost of medical insurance for the super visa is absolutely pocket-friendly. Let’s check some tips that might help you while applying for medical insurance for a super visa. Check the premium coverage Make sure that you need to purchase a medical insurance package that must make a minimum coverage of $100,000.  Keep your eyes on the duration The mini...