What is rbc insurance rra/pa?

Certificate of Insurance. FOR ACCIDENTAL BODILY INJURY HOSPITALIZATION. This policy contains a provision removing or restricting the right of the group person insured to designate persons to whom or for whose benefit insurance money is to be payable.

RBC Insurance is the brand name for the insurance operating entities of Royal Bank of Canada, which is one of North America's leading diversified financial

We submitted a trip cancellation - non medical - claim through RBC Travel Insurance to Assured Assistance for a trip cancelled (trip departure

RBC offers two different whole life or permanent life insurance policies:

RBC also offers a participating permanent insurance policy called RBC Growth Insurance with multiple options for how one can access the dividends from the policy.

Universal life insurance is like whole life insurance, except there is a self-directed long term investment component: your insurer gives you options for investing the cash value of your policy.

RBC Insurance offers the RBC Universal Life Insurance Plan. The policy includes lifetime coverage, many options for choosing how your cash value is invested, and a choice between level protection or an increasing death benefit. The increasing death benefit is great for those looking for a tax-advantaged method to access retirement funds when they have maxed out RRSPs and TFSAs.

Critical illness insurance is a living benefit insurance policy that pays out a tax-free lump sum if you develop a specified illness, health event, or undergo treatment while under its coverage, after a minimum of 30 days from when you are first diagnosed (90 days for cancer). This coverage is available for a period of time also known as term length, and you determine it when purchasing the policy.

RBC combines their critical illness offerings with disability coverage under the RBC Insurance Health Insurance moniker alongside Hospital Insurance.

RBC offers two critical illness policies:

Both policies are available in 10-year terms.

For more information and an in-depth look at their critical illness coverage, read our RBC Insurance Critical Illness Insurance Review.

Disability insurance (or income protection insurance) is a policy that offers you protection against loss of income. It replaces a substantial portion of your paycheque if you become disabled until you return to good health and resume work (or the end of your coverage period).

RBC combines their disability offerings with critical illness coverage under the RBC Insurance Health Insurance moniker alongside Hospital Insurance.

RBC offers seven different disability insurance policies:

Retirement Protector. For those looking to protect the ability to continue saving for retirement due to the temporary setback of an injury.

Accidental death and dismemberment insurance (AD&D insurance) is a specialized form of life insurance whereby the insurer agrees to pay a sum of money to the insured or the insured’s dependents, should the insured die, or suffer a bodily injury, such as lose a limb, become paralyzed, or lose their hearing, speech or sight – all due to an accident.

RBC Insurance offers AD&D insurance policies they call Personal Accident Insurance. This policy is only available to existing RBC Insurance or Banking customers. The coverage provides guaranteed acceptance for amounts from $50,000 to $250,000 between the ages of 18 and 69. One must keep in mind that this coverage covers accidents, and is not applicable if the person insured dies of natural causes like illnesses or diseases. It is an option for those working in high-risk occupations or those denied other types of life insurance coverage.

RBC Insurance offers home insurance policies for many types of dwellings, covering damages to the home and/or belongings, living expenses while your home is repaired, and liability claims for accidental damage or harm to others. RBC Insurance Homeowners Insurance is available for free-hold homeowners, condo owners, tenants, and seasonal and revenue properties.

RBC Insurance offers car insurance policies for a number of different vehicle types. RBC Insurance Car Insurance is their traditional auto insurance – including mandatory liability insurance in addition to optional coverage like theft and damage. As well, RBC Insurance has coverage options for recreational vehicles (ATVs, boats, motorhomes, classic and vintage cars, motorcycles, snowmobiles, trailers, etc) through their Leisure and Lifestyle Insurance offering.

RBC Insurance offers multi-policy discounts if you are insuring more than one vehicle.

RBC Insurance Travel Insurance has options for travellers to and from Canada:

If you're an RBC® customer, Personal accident insurance can help cover day-to-day expenses and help your loved ones maintain their standard of living,

You don't want to pay for more insurance coverage than you need. At the same time, you don't want to compromise on your coverage, just to save on your premiums.

That's why we offer a range of choices, allowing you to personalize your insurance to suit your needs.

Learn more:

LoanProtector insurance

LoanProtector life and disability insurance provides you with a secure financial safety net for your loan when you and your family need it most.

Life and disability insurance:

Both life and disability benefits are non-taxable and benefits do not have to be coordinated with other insurance plans.

Learn more about LoanProtector insurance

HomeProtector insurance

HomeProtector life and disability insurance provides you with a secure financial safety net for your mortgage when you and your family need it most.

Both life and disability benefits are non-taxable and benefits do not have to be coordinated with other insurance plans.

Learn more about HomeProtector insurance

BalanceProtector Premiere Plus coverage

BalanceProtector Premiere Plus coverage provides optional group creditor insurance coverages and service to help ease the burden of outstanding balances on your RBC Royal Bank credit card should the unexpected happen. This coverage provides you with affordable protection to cover outstanding credit card balances up to $25,000 under the terms and conditions of the certificate of insurance.

Learn more and apply for BalanceProtector Premiere Plus coverage

Travel Insurance

From emergency medical coverage only to comprehensive plans that cover you for trip cancellation/trip interruption, lost or stolen baggage, travel delays and more, RBC Travel Insurance is a quick and affordable way to help protect yourself every time you leave Canada - or even your home province.

Learn more

... to Disability and Critical Illness Insurance, RBC Universal Life, Security Fund and the Investment Credit Facility, Term, the Simplified Portfolio and RRA/PA in

Life and disability insurance: pays off your outstanding insured RBC Royal Bank loan(s) and lines of credit in the event of death up to $500,000; maintains your