Introducing RBC Growth Insurance – a Participating Life Product
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RBC Insurance
We have big plans for Growth: RBC Growth Insurance – a Participating Life Product

Offer your clients permanent protection and extend their term insurance at an affordable rate, without evidence of insurability.

 

Your clients now have three ways to update their inforce RBC Term Insurance coverage:

 

  1. NEW – Term Partial Conversion and Carryover with no restrictions on how the face amount is split between the RBC Growth Insurance™ and RBC YourTerm™ life insurance rider1
  2. Full Conversion
  3. Partial Conversion and maintain existing policy

 

With our Term Partial Conversion and Carryover option your client can partially convert their eligible inforce term policy to RBC Growth Insurance and carry over the remaining balance as a new RBC YourTerm rider. No new underwriting is required and you can add deposit options without limit restrictions.

 

The RBC YourTerm rider does not need to match the length of the original policy. A new term can be selected for 10, 15, 20 or 25 years1.

 

Compensation on the Carryover rider is 25%, regardless of the term length chosen.

 

Backed by RBC Insurance’s experienced portfolio management team

 

Give your clients the opportunity to earn dividends with RBC Growth Insurance, with a sustainable dividend interest rate.2

 

RBC Insurance investment professionals have more than 100 years of collective asset management experience, and follow the same investment philosophy behind the success of RBC Capital Markets® and RBC Global Asset Management®.

 

RBC Growth Insurance – growth you and your clients can count on

 

To learn more about converting RBC Term Life policies to RBC Growth Insurance, visit our Sales Resource Centre or contact your RBC Insurance Sales Consultant.

 

1Minimum of $25,000 for RBC Growth Insurance and minimum of $100,000 for RBC YourTerm Life Insurance. Available term lengths based on insured’s current age.

2Dividends are not guaranteed.

Privacy & Security | Legal
 

RBC Insurance Services Inc. © 1995-2020

 

6880 Financial Drive

 

Mississauga, Ontario, L5N 7Y5

 

1-800-769-2568

 

Underwritten by RBC Life Insurance Company.

 

® / ™ Trademark(s) of Royal Bank of Canada. Used under licence.

‡ All other trademarks are the property of their respective owner(s).

 
 
This message was sent to [email] by Investment Executive on behalf of

RBC Insurance Services Inc. © 1995-2020
6880 Financial Drive
Mississauga, Ontario, L5N 7Y5
1-800-769-2568
Underwritten by RBC Life Insurance Company.


 
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