RBC Insurance’s Term 100 Life Insurance Policy

Posted on October 16, 2010 and updated June 13, 2012 in Canadian Life Insurance Companies, Insurance Types, Life Insurance Canada News, Permanent Insurance, RBC Insurance 2 min read

This plan is no longer available effective June 23 2012.

RBC Insurance offers a Term 100 life insurance policy which provides fixed premiums to age 100 and lifetime protection. The policy is only available on a life-pay basis and is not available in a limited-pay version.

Additional features of the policy include:

  • Limits of a $10,000 minimum policy and a $10M maximum policy.
  • Issue ages that span 18 to 85.
  • The policy is available with a number of riders, including a Term 10 or Term 20 rider, as well as a total disability waiver, accidental death benefit, payer death and disability waiver (in the event that the policy is different than the life insured) and a children’s term insurance rider.

RBC Insurance also offers Term 100 policy on both a preferred and standard rate basis. Most term 100 providers only offer Term 100 coverage on a standard rate basis. This provides a unique opportunity for insured people that are in excellent health and looking for a Term 100 solution.

For more details, you can contact us at 1-866-899-4849 or visit our Permanent Life Insurance Instant Quote Page.

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