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RBC Simplified Term Life Insurance:

For insured amounts less than $500,000, RBC offers their Simplified Term Life Insurance coverage plan. This plan offers a transparent and simple term coverage option for individuals seeking to protect small to modest financial obligations.

Here is an overview of the benefits:

  • Coverage from $10,000 to $500,000.

  • Available in 10 year and 20 year terms which are renewable and convertible up to age 80 with no medical exam.

  • Eligibility ages are ages 18 to 70 for Term 10, and ages 18 to 60 for Term 20.

  • Premiums amounts and coverage are guaranteed for the life of the policy.

  • Your beneficiary receives the death benefit tax-free

  • 30-Day review period on this policy to decide if it's right for you.

  • Quick-issue coverage that insures you faster than other term life products.

We work directly with RBC Insurance and are able to offer all their latest insurance products. Please complete a short enquiry form to receive a no obligation quote.

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Compare Canadian Life Insurance

Your Requirements:

Cover for:

 

Type of Cover:

Types of cover:

Life Cover

Life Insurance pays a sum to the beneficiary of the insured’s policy in the event the insured dies during the term of the policy.

Critical Illness

Critical Illness Insurance pays a benefit to the insured in the event the insured is diagnosed with a predefined illness during the term of the policy.

If not sure please select OTHER

Amount of Cover:

Amount of Cover:

Here you can choose how much you would like the beneficiaries of your policy to receive in the event of your death.

Things you may consider are the amount required to maintain your family’s standard of living and the cost of paying off any large debts you may have such as a mortgage.

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