21st Century Visitors Insurance Review
21st Century Visitors Insurance
21st Century Travel Insurance is an independent travel insurance brand available from approved agents, and underwritten by Manulife Insurance. Operating since 1979, 21st Century has a long history of helping visitors to Canada, and has been able to negotiate a higher quality travel insurance product from Manulife, including a unique monthly payment plan for Super Visa holders.
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21st Century is popular with Super Visa applicants aged 75+ |
21st Century is popular with IEC visa applicants aged under 59 |
21st Century Standout Features
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Paramedical Services $1,000 per profession (Standard & Enhanced Plan) |
Deductible Up to $10,000 (Basic, Standard & Enhanced Plan) |
Travel to Other Countries Max 30 days coverage. The majority of covered period needs to be spent in Canada. (Basic, Standard & Enhanced Plan) |
21st Century Advantages & Disadvantages
Advantages
- Higher quality secondary benefits, including follow-up provisions.
- “Extra Injury Coverage” on Standard and Enhanced Plans. Additional $50,000 of coverage with the $100,000 option: when you purchase the $100,000 Aggregate Policy Limit (APL), a bonus $50,000 of additional coverage is automatically included for eligible expenses incurred as a result of an injury.
- Unique monthly payment option for Super Visa policyholders: only a $50 administration fee when choosing a monthly payment plan, no other surcharges.
- Easy to cancel upon early return to home country.
- The Basic Plan has no age limit.
- Each 21st Century policy has deductible options that help to reduce upfront costs.
Disadvantages
- Higher premium on select age groups.
- 21st Century Super Visa insurance: this policy is not cancellable unless you present a visa denial or withdrawal letter.
21st Century Monthly Payment Option
- The monthly payment plan is restricted to: an applicant who is either applying for or holds a valid Temporary Resident, Super Visa, Work or Student Visa, or other visitor visa issued by the government of Canada when the issuance of such visa is conditional on the purchase of mandatory medical insurance.
- A minimum coverage period of 365 days and a minimum aggregate policy limit of $100,000 must be purchased.
- Additional cancellation restrictions as well as other terms, limitations and conditions will apply.
- Coverage does not start until the policy is activated. Upon successful activation of your policy, coverage starts on the effective date shown on your policy confirmation. If you activate your policy after your actual arrival date, a waiting period will apply.
- Under the monthly payment option, an initial deposit equal to (2) two months of premium is payable at the time of application. A third month of premium is payable when the policy is activated. Thereafter, the effective date will establish the premium due date and monthly premiums must be paid in each subsequent month until the full policy premium has been paid or until you provide proof that you have returned to your country of origin (whichever is earlier).
- If you have not activated your policy within two years of the effective date shown on your policy confirmation, the policy must be cancelled. Notification of such cancellation will be sent to your last known mailing and email addresses. Your agent who sold you the policy will also be notified. You are requested to confirm receipt of this notification. Upon your confirmation, your deposit premium less a $50 policy fee will be refunded. If there is no response from you within 30 days, your deposit premium and policy fee will be non-refundable.