Super Visa insurance monthly payment plans: what you pay up front, and what you get back
Most families now pay for Super Visa insurance month by month. Here is how the deposit, the setup fee and refunds work with each insurer.
A year of Super Visa insurance for a parent in their late 60s or 70s can cost several thousand dollars. A monthly plan spreads that over the year: you pay a deposit and a one-time setup fee on the day you buy, then the rest in monthly instalments. IRCC accepts this, as long as the policy meets the usual coverage rules.
In short
IRCC accepts Super Visa insurance paid monthly with a deposit, but not a quote. The plans in Pankaj's quote engine charge the annual premium divided by 12, plus a one-time setup fee of $50 to $120. On the day you buy you pay the deposit (usually one or two months of premium) and the setup fee. Paying in full saves the setup fee; paying monthly keeps more cash in hand. If the visa is refused, premiums are generally refunded when the refusal letter reaches the insurer before the policy starts; setup fee rules differ by insurer.
How a monthly Super Visa plan works
The coverage is the same as an annual plan. Only the way you pay changes.
Buy before the visa application
You buy the full one-year policy and pay the deposit and setup fee. The insurer sends the policy and a payment confirmation for IRCC.
Monthly charges start
The rest of the premium is charged to your card each month. The deposit already covers some months, so there are fewer than 12 charges.
Coverage for the full year
Your parent is covered for the whole policy period as long as the payments go through. If they go home early, the payments stop and unused months may be refunded.
Monthly terms by insurer
As shown in Pankaj's quote engine in October 2026. Insurers can change their terms, so always check the live quote before you buy.
| Insurer | Paid up front (deposit) | Setup fee | Underwriter | |
|---|---|---|---|---|
| TruStone Health | First and last month | $50 | Empire Life | Buy online |
| JF Insurance (VTC plan) | Last two months | $80 | Old Republic Insurance Company of Canada | Buy online |
| Secure Travel (RIMI) | First and last month | $120 | Certain underwriters at Lloyd's | Buy online |
| 2 Visit Canada | Shown in the quote | $120 | See the policy wording | Buy online |
| Travcare | 65 days of premium | $50 | Berkley Canada | Ask Pankaj |
Monthly plan calculator
Enter the annual premium from your quote and pick the insurer. You'll see what you pay today, what is charged each month and the total for the year.
Your quote
2 Visit Canada also has a $120 setup fee; its deposit is shown in the live quote.
Refunds, cancellations and the setup fee
Cooling-off period. Most plans give you a few days after purchase to change your mind. With Secure Travel (RIMI) it is 10 days, with a full refund.
Visa refused. Send the refusal letter to the insurer before the policy's effective date. Premiums are generally refunded. With RIMI, the $120 setup fee is refunded too in that case; once the Super Visa is issued, the setup fee can't be refunded. 2 Visit Canada uses the same setup fee rules.
Going home early. Ask for the cancellation with proof of the return date. Unused months may be refunded if there was no claim. RIMI charges a $50 early cancellation fee.
Visitor visa instead of Super Visa. If a policy was bought to support a visitor or tourist visa and is cancelled after the visa is issued, RIMI charges a $50 cancellation fee.
For other insurers, the refund and setup fee rules are in the policy wording. Pankaj can read them with you before you buy.
Monthly or in full?
- Pay monthly if
- You'd rather keep cash for the flights and the first months of the visit, or you are insuring both parents.
- Pay in full if
- You can pay comfortably and want to avoid the $50 to $120 setup fee and any risk of a failed payment.
- Either way
- The coverage, the deductible options and IRCC's acceptance are the same.
What IRCC needs to see with a monthly plan
The payment method doesn't change the coverage rules.
- Insurance from a Canadian insurance company, or a foreign insurer IRCC has approved.
- At least $100,000 of emergency medical, hospital and repatriation coverage.
- Valid for at least one year from the date your parent enters Canada, and valid for each entry.
- Proof the policy is paid: in full, or in instalments with a deposit. A quote isn't accepted.
More detail: Super Visa insurance requirements and what Super Visa insurance costs by age.
Questions about monthly Super Visa plans
More answers in the Super Visa insurance FAQ.
Does IRCC accept Super Visa insurance paid monthly?
Yes. IRCC accepts a policy paid in full or paid in instalments with a deposit. It does not accept a quote.
IRCC went back to accepting monthly payments in December 2022. The policy itself still has to meet the usual rules: at least $100,000 of emergency cover, valid for at least one year from the date your parent enters Canada.
Does paying monthly cost more than paying in full?
Usually only the setup fee. On the plans in Pankaj's quote engine, the monthly amount is the annual premium divided by 12, plus a one-time setup fee of $50 to $120.
Check the quote for your parent's age and plan. If you can comfortably pay the full year, paying in full saves the setup fee.
How much do I pay on the day I buy a monthly plan?
A deposit plus the setup fee. The deposit is usually one or two months of premium, or a fixed number of days for some plans.
For example, TruStone and Secure Travel (RIMI) take the first and last month, JF takes the last two months, and Travcare takes 65 days of premium. Use the calculator to see the amount for your premium.
What if the Super Visa is refused after I bought a monthly plan?
Most insurers refund the premium if the visa is refused and you send the refusal letter before the policy starts. Setup fees follow each insurer's own rule.
For Secure Travel (RIMI), the $120 setup fee is refunded if the Super Visa is refused and the refusal letter reaches the insurer before the effective date. Once the visa is issued, the setup fee is not refundable. 2 Visit Canada uses the same setup fee rules.
Can we cancel a monthly plan if my parent goes home early?
Yes. Monthly payments stop and unused months may be refunded, less any fee, if there was no claim.
With RIMI, an early return carries a $50 cancellation fee. A policy bought for a visitor or tourist visa and cancelled after that visa is issued also carries a $50 fee. Most plans have a short cooling-off period after purchase; RIMI's is 10 days, with a full refund.
What happens if a monthly payment fails?
Contact the insurer straight away. A missed payment can end the coverage, and a gap in a Super Visa policy is a real problem.
Use a card that won't expire during the year, and make sure the limit can take the monthly charge. If you change cards, update it with the insurer before the next payment date.
Can I put both parents on one monthly plan?
Many insurers offer a couple policy, and it can be paid monthly too. The deposit and setup fee then apply to the couple policy.
Compare a couple policy against two single policies in the quote; with different ages or health, two singles are sometimes cheaper.
Which monthly Super Visa plan is best?
There isn't one answer. The right plan depends on your parent's age, health questions, stable pre-existing conditions and the deductible you choose.
The setup fee and deposit are small next to the coverage differences. Compare the plans in one live quote, then look at stability periods and refund rules before choosing.
Written by Pankaj Bhatia, CHS, PFA
Insure In Canada Inc. · Licensed in Ontario, Alberta, British Columbia, Manitoba, Saskatchewan, New Brunswick and Nova Scotia
Pankaj has arranged Super Visa insurance for families for 11 years. He checks the deposit, setup fee and refund rules with you before you buy, and helps if the visa is refused or your parents go home early.
Want the monthly option for your parents?
Run a live quote, or send Pankaj your parents' ages on WhatsApp and he'll compare the monthly terms for you.
Sources and related pages
- IRCC: Parent and grandparent Super Visa
- IRCC Super Visa document checklist
- CIC News: IRCC allows monthly instalments again
- Monthly terms: Pankaj Bhatia's live quote engine, October 2026
Monthly terms, setup fees and refund rules are set by each insurer and can change; the live quote and the policy wording decide. Coverage is subject to each policy's terms, conditions, limitations and exclusions. Not immigration or legal advice.