Does DM Prosperity Group provide life insurance in Canada?

Yes, DMPG offers term life, whole life, and permanent life insurance across Canada, including Ontario, Alberta, British Columbia, and Quebec.

Is life insurance tax-deductible in Canada?

Personal life insurance premiums are generally not tax-deductible in Canada. However, certain corporate-owned policies and strategies involving TFSA or RRSP may provide tax advantages. DMPG advisors can guide you.

Does DMPG help NRIs and immigrants with insurance in Canada?

Yes, DMPG specializes in insurance solutions for NRIs, new immigrants, and cross-border families settling in Canada, including Super Visa and international student insurance.

How can life insurance help with tax planning in Canada?

Life insurance death benefits are generally received tax-free in Canada. Permanent policies can also accumulate cash value on a tax-deferred basis, making them a useful tool for estate planning and wealth transfer.

What is Super Visa insurance and is it mandatory?

Super Visa insurance is mandatory medical coverage required by the Canadian government for parents and grandparents visiting Canada on a Super Visa. It must provide at least $100,000 in coverage and be valid for a minimum of one year.

How much life insurance coverage do I need in Canada?

A common guideline is 7 to 10 times your annual income, but the right amount depends on your debts, dependents, lifestyle, and long-term goals. DMPG advisors offer free needs-analysis consultations to calculate the right coverage.

International Students Insurance | Travel Insurance | DMPG

Everything You Need
To Know About International Student Insurance

International student insurance gives you the confidence that your healthcare needs will be taken care of while studying abroad. It’s a plan that offers protection for a chosen time period — whether for a semester, year, or full program — so you only pay for the coverage you actually need.

During this period, if something happens to the student, they receive financial support to cover medical expenses, hospital visits, or emergencies. This makes it a practical way to stay protected abroad without worrying about unexpected healthcare costs.

INTERNATIONAL STUDENT INSURANCE

Your Student Protection Made Simple

International student insurance offers flexible plans to match your study abroad journey. Here are the most common coverage options:

Comprehensive Student Coverage

Provides full medical protection for international students, including hospital care, doctor visits, and emergency treatments while studying abroad.

Annual Student Insurance Plan

Offers continuous coverage for the entire academic year, ensuring uninterrupted healthcare protection throughout your studies.

Visitor to Student Transition Plan

Designed for students entering a new country, covering medical needs during the transition period before full enrollment.

Basic Student Health Insurance

Covers essential healthcare services including medical emergencies, doctor consultations, and necessary treatments.

Family Add-On Coverage

Allows students to extend protection to accompanying family members, ensuring complete healthcare coverage abroad.

Senior Dependent Coverage

Supports students traveling with parents by covering age-related medical needs and emergency care.

Professional Internship Coverage

Protects students during internships or work placements with medical coverage and assistance services.

Extended Study Insurance

Ideal for long-term academic programs, providing continuous healthcare coverage for extended stays abroad.

APPLICATION PROCESS

Simple Steps For Secure Study Abroad

How our process supports your study journey.

Get insured before your studies begin and stay protected throughout your time abroad.

Step 1

Choose Your Plan

Select a student insurance plan based on your destination, course duration, and healthcare needs.

Step 2

Apply Online

Fill in your details and activate your coverage quickly before your academic journey.

Step 3

Study With Confidence

Access medical support anytime during your studies if unexpected health issues arise.

International student studying abroad with insurance coverage

WHAT IS INTERNATIONAL STUDENT INSURANCE

Everything You Should Know About Student Insurance

International student insurance is designed to provide medical protection for students studying abroad. It covers essential healthcare services such as hospital stays, doctor visits, and emergency treatments. Since medical costs can be high in foreign countries, having insurance ensures financial security and access to quality healthcare.

HOW STUDENT INSURANCE WORKS

Understanding How Student Insurance Supports Your Journey

Students select a plan based on their destination and study duration. Premiums are paid monthly or annually. In case of illness or emergency, the insurance covers eligible medical expenses. Coverage remains active throughout the policy period, ensuring continuous protection during your academic journey abroad.

Student insurance is essential for managing unexpected healthcare costs and meeting university or visa requirements.

Students receiving healthcare support abroad

Students reviewing insurance policy terms

POLICY TERMS AND CONDITIONS

Understanding Student Policy Terms

Key components of an international student insurance policy include:

Premiums:
The amount paid by students to maintain their insurance coverage during their study period abroad.
Medical Coverage:
Includes hospital visits, doctor consultations, emergency care, and prescribed treatments.
Exclusions:
Situations not covered, such as pre-existing conditions (in some plans) or non-emergency treatments.
Additional Benefits:
Optional add-ons like mental health support, dental care, or emergency evacuation services.

WHY CHOOSE STUDENT INSURANCE?

Stay Protected While Studying Abroad

International student insurance ensures peace of mind by providing affordable and reliable healthcare coverage, helping students focus on their education without worrying about unexpected medical expenses.

Affordable:
Student insurance plans are cost-effective and designed to fit within a student’s budget.
Essential:
Many universities and visa programs require valid health insurance for international students.
Comprehensive:
Provides wide coverage including emergencies, treatments, and travel-related health support.

Students choosing insurance plans abroad

Need More Information? We're Here To Assist You

Fill out the form below and our team will get back to you within a few hours with a customized plan.

Everything You Need
To Know About International Student Insurance