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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 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 survey reveals a disconnect between the availability of and engagement with benefits programs as a tool to support both financial and overall well-being.

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.

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.

In the midst of a tight labour market, Canadians are placing increasing importance on employer-provided benefits plans.

Changing external factors like the pandemic, economic uncertainty and inflation have prompted Canadians aged 55-75 to shift when they plan to retire.

As attitudes around health and wellness among employees and employers continue to shift, the number of working Canadians who view mental illnesses as a disability has hit a new high.