RBC Life Insurance

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President & CEO: Neil D. Skelding

AM Best Rating: A (Excellent)

Total Assets: $9.066 billion

Net Income: $96.589 million

Net Premiums Written: $1.116 billion

Financial Size Category: XIV ($1.5 billion to $2 billion)

FSR Outlook: Stable

Best's Issuer Credit Rating: a

ICR Outlook: Stable

As of Date: 02/13/13

Organization Type: Stock

Specialty Lines of Business: Life Insurance, Health Insurance

Marketing Type: Career Agent

*Information courtesy of the AM Best Key Ratings Guide 2013

Address:

RBC Life Insurance Company
6880 Financial Drive, West Tower
Mississauga, Ontario
L5A 7Y5

Toll Free: 1-800-263-9241
Phone: 905-606-1000
Fax: 905-526-3100

Web Address: www.rbcinsurance.com
Email Address: N/A (email form available from website)

* Info courtesy of AM Best's Pocket Key Ratings Guide 2010

RBC Insurance, through its operating entities, including RBC Life Insurance Company, provides a wide range of life, health, travel, home auto and reinsurance products as well as creditor insurance services to more than five million North American clients. As a leading provider of  individual living benefits and life insurance products in Canada, RBC Insurance offers a comprehensive portfolio of individual and group life and health insurance solutions, including term and universal life insurance, group benefits , disability, critical illness, and long term care insurance as well as segregated funds. These products are distributed through more than 17,000 independent brokers affiliated with producer groups, financial planning firms and stock brokerage firms, as well as through direct sales and a network of career sales representatives.

RBC Insurance News

LSM Insurance is an independent Life Insurance Brokerage and is Not Directly Affiliated to RBC Life Insurance.

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RBC Insurance Policies

Pluses:

1. They have very aggressively priced Term 10 and Term 20 policies at both standard and preferred rates.
2. They are leaders within the disability insurance market.

Minuses:

1. They do not have the term 30 policy.
2. They do not have any participating whole life policies.

1 year stock chart for Royal Bank of Canada


The above closing stock price is for the parent company Royal Bank of Canada, of which RBC Life Insurance is a subsidiary. These stock charts are for informational use only and are meant to reflect the current financial well-being of the parent company.

LSM RBC Insurance Policy Reviews

2 Comments

  1. [...] RBC raised the limits on its future income option, effective July 30, 2008. The future income option allows disability insurance policyholders to increase their disability insurance monthly benefit without providing evidence of insurability. The increase applies to all occupation classes. New applicants qualifying for a 4A classification can now add a future income option of $25,000 per month, a significant increase from the previous ceiling of $15,000 per month. [...]

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

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Head Office: 2900 John Street Suite #302 Markham, L3R 5G3
Office 1-866-899-4849, 905.248.4849 Fax 905.300.4848


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