RBC Insurance offers standard Term 10 and Term 20 coverage options as well as a more customizable YourTerm™ plan. Both term insurance policies provide your chosen beneficiary with a tax-free benefit and can be converted into permanent plans.
RBC YourTerm™ Insurance
Coverage from $100,000 to $25,000,000.
Available for ages 18 – 70 for YourTerm™ 10 to 15; Ages 85 less the selected term for YourTerm™ 16 to 40.
Term coverage between 10- and 40-year periods.
Coverage length can be customized by one-year increments.
Convertible to a permanent plan until age 71.
RBC Term 10 and Term 20 Insurance
Coverage from $10,000 to $25,000,000.
10- or 20-year term periods.
Available for ages 18 – 70 for term 10; 18 – 60 for term 20.
Both term lengths are convertible to a permanent plan up to age 71.
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