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RBC Universal Life Insurance

Universal Life Insurance is a flexible form of a permanent policy. It acts as a bank account with investments that the insurance company withdraws minimum monthly premiums from, in order to pay for the cost of insurance. There is an investment portion to the account which allows you to over-fund your insurance policy. The over-funding and interest earned on the money deposited is paid out on top of your death benefits tax free.

RBC Universal Life Insurance Plan offers a wide range of investment options, a choice of death benefits, optional benefits and riders, flexible ways to pay your premiums, and innovative ways to access the value you accumulate over the life of your plan. Should you die within your chosen term your family receives the death benefit tax free.

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:

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:

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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