Cheapest Super Visa insurance, honestly
The cheapest premium isn't always the cheapest outcome. Here's how to find genuinely low-cost, IRCC-compliant Super Visa insurance — and the trade-offs to check before you pick the lowest number.
Quick answer
There is no single cheapest Super Visa insurance carrier — the lowest price depends on the visitor's exact age band and health. GMS and 21st Century are often competitive for healthy visitors, and the January 2025 OSFI change added more insurers and compressed prices on the 60–64 band, where annual premiums for $100,000 of coverage typically run $1,450–$2,100.
Be careful with rock-bottom premiums: the cheapest quote usually excludes pre-existing conditions or carries a high deductible, which can fail the family at claim time. The reliable way to find the genuinely cheapest IRCC-compliant policy is to compare quotes from licensed brokers for the specific applicant.
Why there's no single "cheapest" carrier
Super Visa pricing is driven by the visitor's exact age and health, so the lowest-priced carrier for a healthy 62-year-old is often not the lowest for a 76-year-old with a managed condition. The only reliable way to find the cheapest compliant option is to compare quotes for that specific applicant — which is what our quote tool does.
Where the cheap premiums usually come from
- Excluding pre-existing conditions — fine for a healthy visitor, risky otherwise.
- A higher deductible — lowers premium, raises out-of-pocket cost at claim time.
- Buying exactly the $100K IRCC minimum — sensible only for younger, healthy visitors.
- Newer market entrants — the January 2025 OSFI change added insurers and compressed prices on the 60–69 band.
The smart way to go cheap
Compare across carriers, match the deductible to the visitor's risk, and don't pay for pre-existing coverage a healthy visitor doesn't need. See cost by age for the ranges and the best carriers for where value and claims reliability meet.
Find the cheapest compliant policy
Compare prices across licensed brokers for the visitor's exact age and health — free.
Lowest Rates Hub connects consumers with licensed insurance brokers across Canada. Quotes are provided by partner brokers and the carriers they represent; LRH does not bind coverage or hold an insurance licence. Estimates are not bound coverage. Final premiums depend on the insurer's underwriting and the information disclosed in the application. Policies underwritten by IDC Worldsource and partner insurers. Privacy policy.