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Protecting tomorrow: RBC Insurance survey finds only 15% of Canadians have estate plans
The majority (82%) of Canadians feel it is important to ensure their family receives money quickly to avoid paying out-of-pocket for a funeral or other end-of-life expenses.RBC Insurance’s next step in its client experience evolution
With no delay in the response, and policy documentation available within 5 days, clients and advisors can move forward with confidence. RBC YourTerm® applications are eligible up to $2 million, up to and including age 50, with no requirement for medical interviews or exams (e.g., blood tests).RBC Insurance to act as lead administrator in $1.5 billion pension risk transfer with IBM Canada
RBC Insurance has been selected to participate in a $1.5 billion pension risk transfer transaction with IBM Canada Ltd. (IBM Canada), the second-largest pension risk transfer ever in the Canadian market.The triple gap: RBC Insurance survey exposes considerable coverage, knowledge and engagement gaps in Canadian employer benefits and well-being programs
The survey reveals a disconnect between the availability of and engagement with benefits programs as a tool to support both financial and overall well-being.Two-thirds of Canadians with employer benefit plans fare far better across financial health and mental well-being than those without
As Canadians continue to feel the pressure of rising inflation rates on nearly every aspect of their lives, a new study from RBC Insurance finds that employer-provided benefits play an increasingly important role in maintaining a sense of overall well-being.The majority of Canadians are losing out on opportunities to maximize inheritance for loved ones
Inflation and market volatility continue to hammer at Canadians' spending and savings, so when it comes to estate planning, a large majority want to maximize the inheritance left to their loved ones, be it by avoiding unnecessary estate fees (87%) or minimizing out-of-pocket settlement costs (86%) according to a recent survey by RBC Insurance.1 of 2