Your life insurance policy can help your family avoid financial hardship in the event of your death, but it’s not the right policy for everyone. That’s why RBC offers Life Insurance Quotes in Canada, so you can easily find out what kind of coverage would be best to suit your needs at an affordable price. Get started now by entering your personal information below, and you’ll have your quotes within two minutes!
10 Reasons to Buy Life Insurance
Here are 10 reasons why it’s important to get life insurance: 1. It ensures that your family is provided for when you’re gone. 2. It frees up cash to pay off debt and/or buy things you need right now. 3. It protects your spouse from having to go back to work early, which can take a toll on relationships, careers and quality of life. 4. Without it, your children might not be able to pay for college (and their student loans). 5. A will won’t suffice if something happens to you; a court might make decisions that aren’t what you would want or be in your best interest.
RBC Life Insurance Quotes Canada
The process of comparing different insurance quotes to find one that’s a great fit is an important one. That’s why you need to know you can get your RBC life insurance quotes in Canada within two minutes, whenever and wherever you want. With our technology, it’s easy for you to compare quotes from different carriers and quickly pinpoint options that work for your family. Getting life insurance can be confusing, so with us by your side you can rest assured knowing we’ll take care of all aspects of coverage with compassion and understanding. Our friendly customer service representatives are committed to helping families like yours with everything from reviewing policies and getting through tough times when needed—all with respect for your time and budget.
5 Things You Should Know About Term vs. Whole Life
There are two main types of life insurance: term and whole. When comparing these products, it’s important to know that they’re not created equal—and they’re not always suitable for everyone. Find out more about which one is right for you. 1) Term vs. Whole Life: What’s The Difference? Term life insurance provides coverage on a temporary basis, lasting for a specific period of time (e.g., 10 or 20 years). As long as you continue to pay your premiums, your policy will remain active. If you decide not to renew your policy when it expires, though, it will be void—meaning that if something happens to you during that window of time, no one will receive any benefits from your plan.
Why Choose RBC Life?
It’s well known that Canadian insurance companies are some of the most trusted and reliable institutions available. However, there may be a number of reasons why you should choose RBC Life Insurance over other insurance providers. Let’s take a look at three benefits: one, convenience; two, great customer service; and three, affordable rates.
Who is eligible for an RBC Life insurance quote?
You are eligible for an RBC life insurance quote if you have never had any type of coverage before. The good news is, even if you already have coverage through a group plan, you can still apply and get a quote. If you have group coverage and it’s cancelled or not renewed, we will automatically issue your application to replace it with individual life insurance coverage. And if you have group coverage and choose to cancel it, we can issue your application right away and give you approval as soon as possible. To be clear, at that point your new policy will pay out 100% of your death benefit when due: no waiting period!
How much does it cost?
The good news is that most life insurance policies are relatively inexpensive. With term coverage, you’ll pay a single premium upfront to insure against death within a specified period of time, such as 10 or 20 years. (If you die earlier than expected, your beneficiary will receive only what was paid into the policy.) Permanent life insurance comes with monthly premiums that you’ll continue to pay for as long as you’re alive—in other words, it’s a permanent policy. The benefit also increases every year with interest credits and/or dividends. However, permanent life insurance plans generally have higher premiums than term coverage does; because permanent plans cover your life for your entire lifetime, there’s more risk for insurers.
How long does it take?
On average, it takes under 5 minutes to get an online life insurance quote. In less than two minutes, you can complete an application that tells us more about your health and personal details. Most people get their quotes back within a few days. Some cases may take longer, but we’ll stay in touch with you every step of the way. If there are any issues during our underwriting process, we’ll contact you immediately so we can work together to find a solution that meets your needs.
How do I apply?
To get started, simply enter your age, location and a few other details. It’s that easy! If you can spare a couple minutes for your own benefit now, there’s no better time than right now to get your RBC life insurance quotes in Canada. This way you can see which policy works best for you and ensure that your family is provided for if something happens to you unexpectedly. Thanks to my RBC, it’s easier than ever to take care of yourself and those you love.