RBC Insurance

RBC Insurance, member of RBC Financial Group, is the largest bank-owned insurance company in Canada. It offers home and car insurance, travel and life insurance, loan and mortgage protection, and segregated funds to its clients in Canada.

RBC Insurance has various life insurance solutions tailored to individual needs, be it term or permanent life insurance, universal or accident insurance.

With regard to term life insurance, RBC Insurance has 10 - or 20-year term insurance; in both cases the premiums are fixed for the chosen period and can be renewed at the end of the term. They provide protection until the age of 80, provided that the insured’s premiums are paid.

RBC Insurance also has flexible living benefit insurance products, including disability, critical illness, long-term care or hospitalization coverage.

LSM RBC Insurance Policy Reviews

• RBC Insurance's Term Life Policies: Exchange Without a Medical

  The insured can convert to permanent insurance without medical evidence prior to age 71 (most companies only offer this feature to age 65).

• RBC's Disability Plans: Professional and Quantum

  RBC has four primary income replacement plans. Two of the plans are geared toward the professional market—the first is the Professional Series and their second plan is referred to as the Quantum Policy.

• RBC Insurance's Universal Life Insurance Plan: Investment Guaranteed

  RBC’s Universal Life plan is available in face amounts of $50,000 to $10,000,000 to applicants from birth to age 80. Similar to other universal life plans on the market, their plan offers flexible premiums, and the investment account grows on a tax-sheltered basis.

• RBC Insurance's Portable Group Life and Living Benefits Coverage

  Group critical illness coverage, whether in the traditional format or a GSI (Guaranteed Standard Issue) basis, can be particularly attractive to employers and employees because it fills the gap prevalent in most employee benefit plans.

RBC Insurance News

• RBC's Quantum Series Disability Plan 02/21/2010

  RBC's Quantum Series Disability Plan is an affordable disability insurance solution for professionals.

• RBC Announces More Options for Term 10 and 20 Insurance 02/12/2010

  RBC Insurance has announced more options on its Term 10 and 20 policies at no extra charge.

• Life Insurance for Smokers vs. Non-Smokers 01/07/2010

  Life insurance companies generally classify an applicant as a smoker if he or she has used and form of tobacco during the last 12 months.

• RBC Life Insurance Pricing Announcement Oct. 2009 11/28/2009

  RBC Insurance has Re-Priced its Term 10 and Term 20 Plans by lowering its already competitive rates, effective October 26, 2009.

• RBC's Simplified Critical Illness Term 10 Plan 06/15/2009

  Thanks to RBC, you can now get a Critical Illness Policy without a medical exam.

• Client Roundtables with RBC Insurance 08/26/2008

  RBC Insurance will hold two client roundtables by their Life & Health Claims Department on September 24th and October 8th, 2008.

• RBC increases limits on its future income option 08/04/2008

  The new future income option of RBC allows disability insurance policyholders to increase their disability insurance monthly benefit without providing evidence of insurability.

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