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 $1,000,000 - $25,000,000
Flexible coverage: you can choose coverage for 10, 15, 20 or 40 years (or anything in between)
Coverage length can be customized by one-year increments.
Convertible to a permanent plan until age 71.
Plan is paid up at age 100.
RBC Simplified® Term Life Insurance
Coverage from $50,000 - $1.000,000
Flexible coverage: choose coverage for 10, 15, 20 or 40 years (and anything in between)
From age 18 to age 70: Term 10 to 15.
Convertible to a permanent plan up to age 71.
Plan is paid up at age 100.
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