RBC Insurance Announces Updates to the Simplified EDGE Disability Plan

Posted on July 24, 2009 and updated July 13, 2010 in Life Insurance Canada News 1 min read
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RBC Insurance underwrites the Edge product line and recently announced exciting updates to its Simplified EDGE Disability Plan.

The most significant update is a New Executive Class.

The Edge offers a very simple application process for applicants who don’t want to go through all the medical and financial requirements of a traditional disability insurance application. The plan previously had four application classes: B, BB, A, AA. “B” being the lower classification given to high-risk occupations like sand blaster and roofer, which will pay a higher premium. The “AA” classification is for low-risk occupations, such as speech therapist and office manager.

The New Executive Class has rates that are at least 10% lower than the “AA” classification and applies to occupations such as radiologist, lawyer, physician and surgeon.

To get a free personalized quote visit our Disability Insurance Instant Quote Page or contact us at 1.866.899.4849.