Super Visa Insurance Service by Gurinder Chahal From Punjab Insurance

When children grow up, they start their own family and sometimes they tend to migrate to another country or state. We have a lot of them in Canada. Because, Canada has friendly policies and welcomes them with open hands. If you’re a parent in another country and you have children or grandchildren who are permanent residents or citizens in Canada, you might want to visit and stay with them for some time. However, parents sometimes get discouraged. It happens when they think about the stress encountered in getting a regular Visa or processing all of the required documents. But in this article, you’ll learn how you can spend quality time with your children and grandchildren on the Super Visa for 2 years. Super Visa Plan Speaking of friendly policies by the Canadian Government, there has been an introduction of the Super Visa Plan. This Plan allows Canadian citizens or permanent residents to sponsor their parents and grandparent for an extended stay of two years. Multiple entries for staying up to two years per visit for a maximum validity period of up to ten years is very much possible with this Super Visa Plan. The Super visa Plan does not take long […]

As life expectancy is generally on the rapid decline around the world with a lot of cost-intensive illnesses constantly showing up, there is a need for a scheme that protects individual from financial ruin if confronted by any of these critical illnesses. Critical illness insurance was developed in 1996 by the United State’s government to help citizens survive and manage illnesses that come with exorbitant medical bills. Critical illness insurance covers medical emergencies such as heart attack, stroke, cancer, organ transplant and other related high bill illnesses. Many people never consider getting critical illness insurance because they feel they are covered by the standard health insurance policy but ironically, high cost of treating life-threatening illness as mentioned above is more than what any standard plan can cover. Why You Need To Consider Critical Illness Insurance They cover medical bills where traditional health care insurance plan may not cover. The money from critical insurance can also be used for other expenses related to the illness such as transport, childcare, feeding, getting wheelchair among others. In the case of terminal illness, or there is a need for a restful place to enhance recuperation process, part of the money can also be used […]

Expensive Medical Coverage For Non-residents The love of Parent or Grandparent becomes more intense as they grow older. What would you do when both of you wants to stay together for a longer period of times? Super Visa is the option that you can use to have the company of your Parents and Grandparents up to 2 years in Canada per visit. With age comes a number of medical issues and Canada is expensive in medical coverage. Hence, as per requirement of application, Super visa applicant must hold medical insurance of at least 1 year. This parent or grandparents medical insurance must cover health care, hospitalization, repatriation, provides a minimum coverage of $ 100,000/, is valid for each entry and available with you at the time of entering in Canada so that when officer wants to review the documents, he can. Obtaining a medical Insurance for Parents or Grand parents The insurance coverage for Super Visa applicant is called Super Visa Insurance. The cost of Super visa insurance that provides the coverage of $ 100,000/ is usually expensive. Super visa insurance for visitors to Canada may be used to take care of traveler when require immediate medical treatment for the […]

Life insurance is essential for a person because it’s there for the protection of your family and your loved ones. It gives you a chance to leave them an amount which is non-taxable at the time of your death. It is likewise used to cover your home loan and your own loans, for example, a loan for your car. There are many benefits of having an individual life insurance because it follows you after retirement when your employer is no longer there to insure you. Life insurance will also help your family when they will have less resources to keep up with the quality of life. It prevents all types of financial hardships that a family has to face when they lose a loved one. Types There are variations to what kind or type of insurance a person wants. Most common types are the Term Life Insurance and Whole Life Insurance. Gurinder Chahal Insurance Specialists are there to provide answers to all your questions. You get to choose what you want for your family whenever you leave them. Punjab Insurance Inc clearly recommends life insurance and they properly explain the benefits of all different types of insurances. Furthermore, they help […]

Our lives sometimes seem dull and expected, and for most of the time we do the same things every day, and nothing out of the ordinary happens. If we are lucky our whole life will go without any major changes in this routine, and we can go around safely knowing that we will not be surprised by the things we encounter along the way. The thing is life doesn’t always play out how we want it to and in those scenarios, things could escalate really fast that’s why most people like to have a backup plan, just in case something out of the ordinary happens. One such solution is to get life insurance and to cover all of the situations where you could be at risk. This goes without saying if you are currently occupying a dangerous work position or the job you have influences your health negatively. This article will explain why it is important for you to get life insurance but also, I will explain all the different types of insurance plans, and I will talk about insurance in general. What is Life Insurance? There are different types of insurance plans you can make with an insurance company. […]

Do you want to give your children the best education possible? Can you afford to pay for their education from your salary? Most of us cannot, but there are special savings plans created to help you in such situations. Before we continue, you should know that this savings plan is for the people who have a residence in Canada.  RESP or the Registered Education Saving Plan is an investment platform that parents from Canada can use to save money for their children’s post-secondary school education. What makes this savings plan so unique? The thing is parents can use such savings plans to get funds from government grants directed at helping with tuition fees for education. RESP One of the major benefits of the RESP is the fact that it has significant tax cuts associated with it. Since most of the users of such a savings plan are students, they do not have to pay any government issued taxes on the income they receive. That means that they can use the fund freely without paying additional costs associated with such transactions. The savings plan is designed so the student can have a regular source of income while they are studying and […]

How Does the RESP work? It allows you to build up savings to put toward your Child’s post-secondary education. This is the most Precious gift you could offer your child RESP – Education Savings Plan 1. Contribute – Start saving early in your child’s  RESP and take an advantage of generous Government grants. a. Canada Education Savings Grant (CESG) Grant – 20% ($7200) per child. b. Additional CESG Grant – 10% or 20% of the first $500 invested each year for eligible families. c. Canada learning Bond (CLB) – $2000 per child for eligible families. 2. Accumulate – Your regular contributions and grants generate interest. Your RESP grows Tax free. 3. Benefit – Your Contributions are returned to you to fund your Child’s education. Your child receives the Grants (Govt Grants 20% plus Diploma Bonus up to 15%) and total interest from the RESP Gurinder Chahal Insurance Specialist provide specialized advice for RESP. Set up a RESP plan for your child and secure a bright future full of possibilities for them. Get In Touch Today 587-707-7000

Emergencies Arrive Unexpectedly. Are You Prepared? If you have loved ones visiting or yourself a Canadian resident, planning a trip overseas, do not discount emergency travel insurance. The coverage provided can protect you and your loved ones and if required, repatriate (evacuate you or your loved ones back to Canada). If you are travelling alone, it can provide coverage for someone to attend your bedside while in hospital, provide care for your children if you are hospitalized, and much more. If applying for a Super Visa, one of the eligibility requirements is a minimum coverage of $100,000 in emergency medical coverage. Emergency travel insurance is essential for peace of mind and be given medical treatment to further avoid any risk to you or a family member. If you have a policy in place, you will know where to go to in case of an emergency and be in touch with your insurance agent 24/7 during this challenging time. Emergency situations are not always life-threatening but could range from minor injuries such as food poisoning to allergic reactions to falling off a pavement and twisting the ankle to something severe as a stroke and more advanced situations where emergency rooms, emergency […]

Parents and grandparents can visit their loved ones in Canada who are Canadian citizens or permanent residents to for up to 24 months instead of the standard six months under a regular visa. That too without renewal of their visa! The Super Visa has seen a spike in recent years of families wishing to see their loved ones. Multiple entries can be made as well which is an added advantage for many. Another advantage of a Super Visa is that a visitor to Canada does not have to apply for another visa after six months and pay a new set of fees to extend their stay and spend more time with their loved ones. Waiting times for visa grants are shorter as well which is a big advantage for many parents/grandparents who wish to see their loved ones at the earlier. Due to the type of visa and extended length of stay, obtaining a Super Visa Insurance Policy is one of the key requirements. This proof is attached with the visa application form when it is sent to the embassy for processing. Special Conditions Further to that, the Super Visa Insurance has special conditions which must be met such as: […]

There is no doubt that the Super Visa is a very special visa. The visa is specially catered for parents and grandparents to visit their loved ones in Canada. The longer stay option is a favourite among families as loved ones can stay up to 2 years without the hassle of multiple-reentries as eligible families can enjoy multiple entries into Canada for up to ten years. There are, however, income requirements in order to meet eligibility to apply for the Super Visa. Do note: The income requirements change every year due to inflation and other reasons. The below are income requirements which your child or grandchild will require to meet for the period of application from January 1 to December 31, 2018. The persons refer to the number of people living in the household, excluding the person/s the visa is being applied for. Low Income Cut-Off (LICO)Size of Family Unit Minimum necessary income of your child or grandchild 1 person $24,949 2 persons $31,061 3 persons $38,185 4 persons $46,362 5 persons $52,583 6 persons $59,304 7 persons $66,027 More than 7 persons, for each additional person, add $6,723 As explained above, these are the minimum income requirements. If the […]

Canada is a very popular destination. Immigrants and visitors alike are welcomed with its natural beauty, and high quality of life; one of the best in the world. Each year, Canada welcomes many immigrants and visitors such as tourist, business travels and foreign workers. Medical insurance is highly encouraged for all. The right medical insurance plan is important as medical assistance can be very expensive in an unlikely event of a medical emergency or other unfortunate circumstances. Immigrants and visitors need to know which province they will be spending the majority of their time in during their trip. This allows for the purchase of the right travel insurance cover. At Chahal Insurance’s Super Visa Insurance, whether you are planning to make Canada your new home, just visiting or applying for a Super Visa, we are here to help in the event when an emergency medical need arises. Our simple online application form allows you to choose the coverage which suits your needs. Follow these simple steps: Select the deductible*; $0, $100, $500 or $1,000 Choose the amount of coverage; $25,000, $50,000, $100,000 or $150,000 Choose the coverage length. For those below the age of 55, no medical questions will be […]

It can be rather daunting if you have to pay for the Super Visa insurance in full. Well, Super Visa Insurance has made it much easier for you now. You now have the option to pay on a monthly basis; just as easy as an EMI. This is how our monthly insurance plan works: At the point of application for the Super Visa, Super Visa Insurance will pay the full premium amount (Regular Super Visa Insurance Policy) on your behalf for the entire year. A deposit which is an equivalent of two months premium plus a processing fee of $50 is required to be paid. Only credit card payments are accepted. Once the issue is approved and issued, we will require you to inform us of the date of arrival into Canada and the policy will commence from that day. This 2 months deposit is applied to 11th and 12th month of policy. The remaining ten months premiums will be deducted from your credit card starting with the first payout on the date of activation of the policy. This feature is additionally helpful for those who have purchased an annual policy and are now looking to extend it. Other Important […]