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Showing posts from July, 2022

Why Have Visitor Medical Insurance While Travelling To Canada

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  The public healthcare system of Canada is top class. If you are a visitor or tourist to Canada, you can have access to such a healthcare system; however, it is not free as it happens to be for Canadian citizens. So, it is prudent that you purchase visitor medical insurance from a reputed insurance agent in Canada when you travel to Canada. Having such insurance will help you evade paying expensive medical bills if you have any medical emergency while in Canada. Let us know other reasons to have such medical insurance while traveling to Canada. Peace of mind We know that it is impossible to avoid accidents, even if you are careful. So, there is no way to avoid stopping having situations where you may require emergency medical assistance; however, you can stay prepared. Suppose any medical emergency happens while you are in Canada. Having medical insurance coverage will help you have peace of mind that you do not have to bear the financial hardship of paying the expensive med...

Why It Is Beneficial To Have Registered Education Savings Plans in Canada

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  Here we discuss some good to know aspects of these plans and how they can be beneficial for you to save for your children’s future. What is RESP The government of Canada formulated Registered Education Savings Plans allowing you to save for higher education for your children. It is possible for you to use these savings to cover the costs of the education of a child after high school. This plan allows you to have a tax advantage and helps you to save periodically and help your child to achieve their educational dreams without taking the risk of having high-interest student loans. Types of RESP There are three types of Registered Education Savings Plans in Canada . You can opt to have individual, family or group RESP. Each type has a different structure. So, it is wise to be with a reputed insurance expert to have the proper advice on these plans. The benefits of enrolling in Registered Education Savings Plans in Canada There are quite a few benefits of enrolling in RESP. Le...

Super Visa Insurance – The Easiest Way to Have a Super Visa For an Extended Stay in Canada

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  If it is that if you desire to stay for an extended period in Canada, you need to have Super visa insurance. The Super visa program, popular in Canada allows parents and grandparents of Canadian citizens to stay at one stretch up to two years and have multiple entries for a period of 10 years. If you contrast the Super visa program with the Parent and Grandparent program, you will notice Super visa application has no annual quota and the process is relatively quick. What is super visa insurance? It is that for being an eligible applicant for a super visa you need to have medical insurance from any Canadian insurance company applicable for at least one year from the date you enter Canada. That is what Super visa insurance is. It ensures that you do not become a burden on the publicly funded health system and that you have coverage for your health requirements during your stay in Canada. The Coverage offered by super visa insurance This insurance covers the below-mentioned a...