RBC Insurance’s Quantum Series Disability Plan

We've found a disability plan for
professionals

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

The plan uses a unique loss of income definition for disability. Under this definition, if the insured is not able to earn any income because of an injury or sickness, the full benefit is payable. If the insured’s earnings were reduced directly due to an injury or illness, a percentage of the benefit is payable.

Below are two examples of pricing:

Example 1
A 45-year-old, male non-smoker, who works a pharmacist, making a Net Income $100,000 a Year, qualifies for a maximum monthly Benefit of $5,100/ month).

Based on a 90-day elimination period and a benefit period up to age 65, the monthly premium is $153.75/month

*The above individual qualifies for RBC Insurance’s 4A, i.e. their highest classification.

Example 2
A 35-year-old, female non-smoker, who works as a salesperson, with no service, repairs or delivery duties, who is making a net income of $55,000/year.

Based on a 90-day elimination period and a benefit period up to age 65, along with a cost of living rider, which increases the monthly benefit by accounting for the cost of living, the monthly premium is $126.36/month.

*The above individual qualifies for RBC Insurance’s 3A classification, but salespeople can also qualify for an upgraded classification and lower premium if certain criteria are met.

For more details, you can contact us directly at 1-866-899-4849, or you can visit our online Disability Insurance Quotes Page.