Skip to main content

Home > Life insurance > Dividends for RBC Growth Insurance and RBC Growth Insurance Plus policyholders

Participating policyholder disclosures

If you own an RBC Growth Insurance or RBC Growth Insurance Plus policy, your premiums are invested in an account that you and other participating policyholders can receive earnings from. These earnings are paid out as dividends to each policyholder according to the dividend payout option chosen.

Downloadable PDFs

Announcing the RBC participating life 2026-2027 dividend scale

Each year the dividend scale is reviewed in accordance with relevant regulations and our participating life insurance governance practices; our objective is to continue to execute on our long-term strategy of achieving strong risk-adjusted returns. This year, the RBC Life Insurance Company board of directors has approved the Appointed Actuary’s recommendation to maintain the current dividend scale with dividend scale interest rate of 6.30% for the period of April 1, 2026 to March 31, 2027.

Dividends are based on the collective experience of the participating account. As such, they are subject to change and are not guaranteed.

Effective April 1, 2026, if you borrow from the accumulated cash value in your policy, the interest rate is 6.45%. This rate is reviewed and updated annually and is based on the Royal Bank prime rate +2% at the time of review.

Dividends held in a dividends on deposit account earn interest daily at a rate we set which may change from time to time. The current interest rate is 2.3%.

Including regulatory financial disclosures as well as the Participant Account Management Policy and the Participating Policyholder Dividend Policy.

Downloadable PDFs