When buying Super Visa or Visitors Insurance, one term that often trips people up is the “deductible.”

Is higher better? Lower safer? What does it actually mean? Let’s break it down in simple terms, especially for Indian families buying insurance for their parents coming to Canada.

What is a Deductible?

A deductible is the amount you agree to pay out-of-pocket before the insurance company starts covering the rest of the bill.

Example:

If your plan has a $500 deductible and your mom needs $2,000 worth of emergency care, you pay the first $500, and insurance covers the remaining $1,500.

How Deductibles Affect Premiums

Higher deductible = Lower monthly/yearly premium

Lower deductible = Higher premium, but less risk if you claim

What’s the Right Deductible for Your Parents?

It depends on your situation.

If You Want... Consider This Deductible

Lower upfront cost $1,000 or $2,500

More peace of mind during emergencies $0 or $250

Balance of savings and protection $500

DaddySafe Tip:

DaddySafe shows quote comparisons with deductibles clearly listed — so you can filter by what fits your risk comfort and budget.

📈 Most Popular Choices for Super Visa Insurance:

$0 deductible: Preferred by families who want full protection

$500 deductible: A balance between savings and coverage

$1,000+ deductible: Great for budget-conscious buyers who don’t expect medical needs

Final Thought:

Choosing a deductible isn’t just a money decision — it’s an emotional one too. When it’s about your parents’ health, peace of mind matters. And DaddySafe is here to help you weigh all the options — with pyaar.

📌 Disclaimer:

The information in this blog is intended for general understanding only and may not reflect the specific terms or conditions of all insurance providers. Always refer to the official policy wording or consult your insurance advisor before making any decisions. DaddySafe provides plan comparisons from licensed Canadian providers but does not offer legal or medical advice.