RBC Simplified Term Life Insurance

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Everybody has a family, and the most economical way to safeguard your financial future is with term life insurance. With term life insurance, you receive life insurance protection for a predetermined amount of time at guaranteed premiums. Unexpectedly Your beneficiaries will be able to receive your coverage amount tax-free and use it however they see fit if you pass away while your policy is still in force.

RBC Simplified Term Life Insurance

What is simplified term life insurance?

Simplified term life insurance offers a flat monthly cost that won’t change for the first 10 years. You can choose your coverage for $50,000, $75,000 or $100,000. It’s called “simplified” because you only have to answer three questions about your health.

in otherhande  Simplified term life insurance is an uncomplicated type of life insurance because it doesn’t require a medical exam or as many health questions as other types of life insurance.

Features and benefits of RBC Simplified Term Life Insurance:

  • you can apply for a coverage amount under $500,000 (starting at $10,000).
  • Choose your coverage for a 10- or 20-year term.
  • RBC simplified gives you guaranteed premiums and coverage amount for the entire policy term.
  • Your beneficiary or estate will definitely receive the death benefit tax-free.
  • You have the option to renew your policy up until policy anniversary nearest to your 80th birthday.
  • You can also convert your policy to a permanent or universal life insurance plan without even providing an additional medical evidence.
  • If you become terminally ill, you can always request a compassionate advance of 50% of your existing policy’s death benefit,and that to up to a maximum of $50,000 conditions apply.
  • You have the ample time of upto 30 days to review your policy properly and if you have a change of mind during that time, RBC will give you a full refund and also will cancel your policy as requested.
  • In this policy you may be able to apply for coverage in as little as 15 minutes.

Term Life Insurance Toll free Inquiry 800-283-5467 Call now

Highlights (or Plan Details)

  • Convenient: Get an online quote instantly and apply in as little as 15 minutes
  • No Medical Exam: You may be eligible to receive coverage without having a medical examination
  • Coverage Available: $50,000 – $1.000,000
  • Affordable: Policies start as low as $12.22 per month
  • Flexible: Choose coverage for 10, 15, 20 or 40 years (and anything in between)
  • Easy to Understand: Premiums and coverage are guaranteed for the entire term
  • Tax-Free Benefit: Your beneficiary or estate receives the death benefit tax-free
  • Convertible: Convert your policy to a permanent policy such as RBC Growth Insurance without providing additional medical evidence
  • Exchangeable: Exchange a Simplified Term 10 policy for a Term 15, 20 or 30 policy without providing medical evidence
  • Accidental Death Benefit: In the case of accidental death, your beneficiary could receive additional life insurance benefit amount
  • 30-Day Review Period: If you change your mind within the first 30 days, we will give you a full refund and cancel your policy

What’s RBC simplified term life insurance Covered?

Death Benefit

If you die during the time period when coverage is in effect, your policy provides a tax-freedeath benefit in the amount of your coverage to your beneficiaries or your estate.

Summary of Exclusions

During the application process, if we are given incorrect or incomplete information regarding health, lifestyle or smoking habits, we reserve the right to deny your benefit.

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