Monthly and annual Super Visa insurance plans present distinct cost and flexibility considerations for families sponsoring parents or grandparents. Monthly plans offer payment flexibility but typically accrue higher overall costs due to administrative fees and potentially higher premiums. Conversely, annual plans require a larger upfront payment but often provide discounts and a lower total cost for year-long coverage. The choice between these options hinges on a family's financial situation, budgeting preferences, and the anticipated duration of the Super Visa stay. Longer stays generally favor annual plans for their cost savings, while monthly plans may suit those prioritizing smaller, recurring payments despite the potential for higher long-term expenses.

https://parentsupervisa.ca/blog/the-cost-of-super-visa-insurance-monthly-plans-vs-annual-plans/