{"id":30702,"date":"2025-10-24T14:01:42","date_gmt":"2025-10-24T18:01:42","guid":{"rendered":"https:\/\/www.rbcinsurance.com\/en-ca\/?page_id=30702"},"modified":"2026-02-19T15:43:15","modified_gmt":"2026-02-19T20:43:15","slug":"business-owners","status":"publish","type":"page","link":"https:\/\/www.rbcinsurance.com\/en-ca\/life-stages\/business-owners\/","title":{"rendered":"Launching a business"},"content":{"rendered":"\n<div class=\"wp-block-rbc-callout-card calloutCard calloutCard__HeroImageBackground  hasDarkBg\" style=\"background:url(https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/newbusiness-hero.webp) no-repeat;--bghero-mobi-url:url(https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/businessowner-hero-mobile.webp)\">\n<div class=\"wp-block-columns cols-hero-wrapper is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column col-front is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"rbc-yoast-breadcrum\"><span class=\"rbc-yoast-breadcrum-span\"><span><a href=\"https:\/\/www.rbcinsurance.com\/en-ca\/\">Home<\/a><\/span><\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading rbc-callout-heading\" id=\"h-insure-your-business-secure-your-future\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#FEDF01\" class=\"has-inline-color\">Insure<\/mark> your business, <mark style=\"background-color:rgba(0, 0, 0, 0);color:#FEDF01\" class=\"has-inline-color\">secure<\/mark> your future<\/h2>\n\n\n\n<p class=\"rbc-override-margin p-large\">From financing to hiring, starting a new business is complex. Protecting it shouldn\u2019t be.<\/p>\n\n\n\n<div class=\"wp-block-buttons  get-your-free-quote is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button btn is-style-accent accent\"><a class=\"wp-block-button__link wp-element-button\" href=\"#h-three-ways-to-protect-your-business-as-it-grows\" data-dig-id=\"LP-30702-4f5d9373\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"See what our clients choose-#h-three-ways-to-protect-your-business-as-it-grows \">See what our clients choose<\/a><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-postal-code postal-code-form  postal-code\" data-custom-url=\"\"><div class=\"quote-form \"><div class=\"inputCode\"><label>Your postal code<\/label><input class=\"\" type=\"text\" value=\"\" placeholder=\"A1A 1A1\"\/><\/div><div class=\"inputCode\">\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button btn is-style-accent accent\"><a class=\"wp-block-button__link wp-element-button\" href=\"#\" data-dig-id=\"LP-30702-7b0e5137\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Get a quote-# \">Get a quote<\/a><\/div>\n<\/div><\/div>\n<\/div><\/div><div class=\"error-msg\"><span class=\"error-msg-span\">Please provide a valid postal code in A1A 1A1 format.<\/span><\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-media-text is-stacked-on-mobile mar-t-dbl mob-mar-t-dbl pad-t-dbl mob-pad-t-dbl pad-b-dbl mob-pad-b-dbl\"><figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"593\" height=\"593\" src=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/businessowner-1-1_EN.webp?quality=80&amp;w=593\" alt=\"A lady protected by business loan insurance\nInsurance doesn\u2019t just protect your business from accidents or crime, it also helps you qualify for loans, secure investors and keep your doors open after unexpected disruption.\" class=\"wp-image-30877 size-full\" srcset=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/businessowner-1-1_EN.webp 593w, https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/businessowner-1-1_EN.webp?resize=150,150 150w, https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/businessowner-1-1_EN.webp?resize=300,300 300w, https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/businessowner-1-1_EN.webp?resize=420,420 420w\" sizes=\"auto, (max-width: 593px) 100vw, 593px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<h1 class=\"wp-block-heading  mob-mar-t-dbl\" id=\"h-how-insurance-protects-your-new-business\"><span class=\"partial__border-bottom\">How insurance protects your new business<\/span><\/h1>\n\n\n\n<p>You\u2019ve done the hard part: you started a new business. But many new owners don\u2019t realize how property damage, lawsuits and other risks can impact your business. We have you covered.<\/p>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading mar-t-dbl mob-mar-t-dbl\" id=\"h-three-ways-to-protect-your-business-as-it-grows\">Three ways to protect your business as it grows<\/h2>\n\n\n\n<div class=\"wp-block-rbc-comparison-block comparisonBlock  menuStyle__enhanced menuItems__dropdown mar-t-0 mob-mar-t-0\" data-dropdownlabel=\"Category\"><div class=\"comparisonBlock__header\"><p class=\"rbc-override-margin p-large\"><span class=\"partial__border-bottom\">From protecting day-to-day operations to planning for unexpected disruptions, these are the core protections that help entrepreneurs build with confidence.<\/span><\/p><\/div><div class=\"comparisonBlock__content\"><div class=\"comparisonBlock__content-left\">\n<div class=\"selectDropdown__wrapper\">\n\t<div class=\"selectDropdown selectDropdown__default  selectDropdown__floating \" \t\tdata-option_name=\"\" style=\"width:100%\">\n\t\t\t\t\t<span class=\"selectDropdown__label\" tabindex=\"0\" aria-label=\"Category\">Category<\/span>\n\t\t\t\t<button class=\"selectDropdown__button\" aria-haspopup=\"listbox\" aria-expanded=\"false\">\n\t\t\t<span class=\"selectDropdown__title\" data-default_title=\"Keep income and overhead going\">\n\t\t\t\tKeep income and overhead going\t\t\t<\/span>\n\t\t\t<span class=\"selectDropdown__chevron\"><\/span>\n\t\t<\/button>\n\t\t<ul class=\"selectDropdown__list\" role=\"listbox\" tabindex=\"-1\">\n\t\t\t\t\t\t\t<li\n\t\t\t\t\tclass=\"selectDropdown__list__item selected\"\n\t\t\t\t\tdata-option_value=\"0\"\n\t\t\t\t\trole=\"option\"\n\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\taria-selected=\"false\"\n\t\t\t\t\t\t\t\t\t\tdata-option_url=\"\"\n\t\t\t\t>\n\t\t\t\t\t<div class=\"selectDropdown__list__item__content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"selectDropdown__list__item__name\">\n\t\t\t\t\t\t\t\tKeep income and overhead going\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"selectDropdown__list__item__description\">\n\t\t\t\t\t\t\t\tIf you cannot work, the business can still pay \u2028the bills.\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\n\t\t\t\t\t\t\t<li\n\t\t\t\t\tclass=\"selectDropdown__list__item \"\n\t\t\t\t\tdata-option_value=\"1\"\n\t\t\t\t\trole=\"option\"\n\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\taria-selected=\"false\"\n\t\t\t\t\t\t\t\t\t\tdata-option_url=\"\"\n\t\t\t\t>\n\t\t\t\t\t<div class=\"selectDropdown__list__item__content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"selectDropdown__list__item__name\">\n\t\t\t\t\t\t\t\tProtect partners, debts, and succession\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"selectDropdown__list__item__description\">\n\t\t\t\t\t\t\t\tIf something happens to an owner or key person, the company can repay debts and keep control.\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\n\t\t\t\t\t\t\t<li\n\t\t\t\t\tclass=\"selectDropdown__list__item \"\n\t\t\t\t\tdata-option_value=\"2\"\n\t\t\t\t\trole=\"option\"\n\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\taria-selected=\"false\"\n\t\t\t\t\t\t\t\t\t\tdata-option_url=\"\"\n\t\t\t\t>\n\t\t\t\t\t<div class=\"selectDropdown__list__item__content\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"selectDropdown__list__item__name\">\n\t\t\t\t\t\t\t\tKeep your household protected while you build your business\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"selectDropdown__list__item__description\">\n\t\t\t\t\t\t\t\tA health shock or loss of life does not derail your family\u2019s finances while the business grows.\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\n\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t<\/div>\n<div class=\"comparisonBlock__menuItems\"><ul class=\"menuItems__enhanced\" role=\"tablist\" tabindex=\"0\"><li class=\"comparisonBlock__menuItem\" tabindex=\"0\" role=\"tab\" aria-selected=\"false\" id=\"comparisonBlock__menuItem_1\"><div class=\"menuItems__enhanced__icon\"><img decoding=\"async\" src=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/income-24x24-1.svg\" alt=\"\" style=\"width:32px;height:32px;object-fit:contain\"\/><\/div><div class=\"menuItems__enhanced__content\"><p class=\"menuItem__enhanced__name\">Keep income and overhead going<\/p><p class=\"menuItem__enhanced__description\">If you cannot work, the business can still pay \u2028the bills.<\/p><\/div><\/li><li class=\"comparisonBlock__menuItem\" tabindex=\"0\" role=\"tab\" aria-selected=\"false\" id=\"comparisonBlock__menuItem_2\"><div class=\"menuItems__enhanced__icon\"><img decoding=\"async\" src=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/person-24x24-1.svg\" alt=\"\" style=\"width:32px;height:32px;object-fit:contain\"\/><\/div><div class=\"menuItems__enhanced__content\"><p class=\"menuItem__enhanced__name\">Protect partners, debts, and succession<\/p><p class=\"menuItem__enhanced__description\">If something happens to an owner or key person, the company can repay debts and keep control.<\/p><\/div><\/li><li class=\"comparisonBlock__menuItem\" tabindex=\"0\" role=\"tab\" aria-selected=\"false\" id=\"comparisonBlock__menuItem_3\"><div class=\"menuItems__enhanced__icon\"><img decoding=\"async\" src=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/home-24x24-1.svg\" alt=\"\" style=\"width:32px;height:32px;object-fit:contain\"\/><\/div><div class=\"menuItems__enhanced__content\"><p class=\"menuItem__enhanced__name\">Keep your household protected while you build your business<\/p><p class=\"menuItem__enhanced__description\">A health shock or loss of life does not derail your family\u2019s finances while the business grows.<\/p><\/div><\/li><\/ul><\/div><\/div><div class=\"comparisonBlock__content-right\">\n<div class=\"wp-block-rbc-comparison-cards comparisonCards\"><div class=\"comparisonCards__cards carousel-wpr\" id=\"5jjfo7q72\">\n<div class=\"wp-block-rbc-comparison-card comparisonCard showEnergyLines\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-2256ceb0 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group comparisonCard__topContent is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group comparisonCard__header is-horizontal is-layout-flex wp-block-group-is-layout-flex\">\n<div class=\"rbc-pill-block\"><div class=\"wp-block-rbc-pill-block snipe pill  blue is-style-white-ice\" style=\"--icon-url:url(undefined)\"><span>Business insurance<\/span><\/div><\/div>\n<\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-rbc-business-overhead-expense-insurance\">RBC Business Overhead Expense insurance<\/h4>\n\n\n\n<p>Make sure your business can always pay the bills if you or a co-owner cannot work due to a disability.<\/p>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\"\/>\n\n\n\n<div class=\"wp-block-group comparisonCard__highlights is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-rbc-highlights-card highlightsCard  is-style-blue-checkmark\"><div class=\"highlightsCard__heading\"><h5>The right choice if<\/h5><\/div><div class=\"highlightsCard__items\">\n<p>Your income is needed to pay fixed business expenses.<\/p>\n\n\n\n<p>You are a physician, lawyer, accountant or principal\/owner of a closely held business of practice.<\/p>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\"\/>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group comparisonCard__cta is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button btn is-style-primary primary\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.rbcinsurance.com\/cgi-bin\/birf\/form.cgi\" data-dig-id=\"LP-30702-b308627f\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Email us-https:\/\/www.rbcinsurance.com\/cgi-bin\/birf\/form.cgi \">Email us<\/a><\/div>\n<\/div><\/div>\n\n\n\n<p class=\"comparisonCard__learnMore\"><a href=\"https:\/\/www.rbcinsurance.com\/en-ca\/business-insurance\/business-overhead-insurance\/\" data-dig-id=\"LP-30702-3ad3fb63\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Learn more\" class=\"rbc-link-format\">Learn more<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-comparison-card comparisonCard\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-2256ceb0 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group comparisonCard__topContent is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group comparisonCard__header is-horizontal is-layout-flex wp-block-group-is-layout-flex\">\n<div class=\"rbc-pill-block\"><div class=\"wp-block-rbc-pill-block snipe pill  blue is-style-white-ice\" style=\"--icon-url:url(undefined)\"><span>Business loan insurance<\/span><\/div><\/div>\n<\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-rbc-business-loan-protector\">RBC Business Loan Protector<\/h4>\n\n\n\n<p>The Business Loan Protector policy makes funds available to pay outstanding business loans and loan interest if you become disabled.<\/p>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\"\/>\n\n\n\n<div class=\"wp-block-group comparisonCard__highlights is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-rbc-highlights-card highlightsCard  is-style-blue-checkmark\"><div class=\"highlightsCard__heading\"><h5>The right choice if<\/h5><\/div><div class=\"highlightsCard__items\">\n<p>You have been in business for at least three years.<\/p>\n\n\n\n<p>Your business has a net worth of $50,000.<\/p>\n\n\n\n<p>You have loans for assets that are<br>used only for business purposes, such as equipment, property or buildings.<\/p>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\"\/>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group comparisonCard__cta is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button btn is-style-primary primary\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:18007692520\" data-dig-id=\"LP-30702-548629c5\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Call 1-800-769-2520-tel:18007692520 \">Call 1-800-769-2520<\/a><\/div>\n<\/div><\/div>\n\n\n\n<p class=\"comparisonCard__learnMore\"><a href=\"https:\/\/www.rbcroyalbank.com\/business\/loans\/business-loan-insurance.html\" data-dig-id=\"LP-30702-1c31c866\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Learn more\" class=\"rbc-link-format\">Learn more<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"comparisonCards__sliderNav\" id=\"nav_5jjfo7q72\"><div class=\"comparisonCards__navArrow comparisonCards__prevArrow\"><\/div><div class=\"comparisonCards__sliderDots\"><\/div><div class=\"comparisonCards__navArrow comparisonCards__nextArrow\"><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-comparison-cards comparisonCards\"><div class=\"comparisonCards__cards carousel-wpr\" id=\"6sn6fm0aq\">\n<div class=\"wp-block-rbc-comparison-card comparisonCard showEnergyLines\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-2256ceb0 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group comparisonCard__topContent is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group comparisonCard__header is-horizontal is-layout-flex wp-block-group-is-layout-flex\">\n<div class=\"rbc-pill-block\"><div class=\"wp-block-rbc-pill-block snipe pill  blue is-style-white-ice\" style=\"--icon-url:url(undefined)\"><span>Business insurance<\/span><\/div><\/div>\n<\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-rbc-key-person-insurance\">RBC Key Person insurance<\/h4>\n\n\n\n<p>Key person insurance helps your business recover from the loss or disability of someone who is invaluable to your company.<\/p>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\"\/>\n\n\n\n<div class=\"wp-block-group comparisonCard__highlights is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-rbc-highlights-card highlightsCard  is-style-blue-checkmark\"><div class=\"highlightsCard__heading\"><h5>The right choice if<\/h5><\/div><div class=\"highlightsCard__items\">\n<p>Your business employs someone whose contribution to the company cannot be easily replaced.<\/p>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\"\/>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group comparisonCard__cta is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button btn is-style-primary primary\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.rbcinsurance.com\/cgi-bin\/birf\/form.cgi\" data-dig-id=\"LP-30702-b308627f\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Email us-https:\/\/www.rbcinsurance.com\/cgi-bin\/birf\/form.cgi \">Email us<\/a><\/div>\n<\/div><\/div>\n\n\n\n<p class=\"comparisonCard__learnMore\"><a href=\"https:\/\/www.rbcinsurance.com\/en-ca\/business-insurance\/key-person-insurance\/\" data-dig-id=\"LP-30702-ec9e99e8\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Learn more\" class=\"rbc-link-format\">Learn more<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-comparison-card comparisonCard\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-2256ceb0 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group comparisonCard__topContent is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group comparisonCard__header is-horizontal is-layout-flex wp-block-group-is-layout-flex\">\n<div class=\"rbc-pill-block\"><div class=\"wp-block-rbc-pill-block snipe pill  blue is-style-white-ice\" style=\"--icon-url:url(undefined)\"><span>Business loan insurance<\/span><\/div><\/div>\n<\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-rbc-business-loan-protector-0\">RBC Business Loan Protector<\/h4>\n\n\n\n<p>The Business Loan Protector policy makes funds available to pay outstanding business loans and loan interest if you become disabled.<\/p>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\"\/>\n\n\n\n<div class=\"wp-block-group comparisonCard__highlights is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-rbc-highlights-card highlightsCard  is-style-blue-checkmark\"><div class=\"highlightsCard__heading\"><h5>The right choice if<\/h5><\/div><div class=\"highlightsCard__items\">\n<p>You have been in business for at least three years.<\/p>\n\n\n\n<p>Your business has a net worth of $50,000.<\/p>\n\n\n\n<p>You have loans for assets that are<br>used only for business purposes, such as equipment, property or buildings.<\/p>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\"\/>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group comparisonCard__cta is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button btn is-style-primary primary\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:18007692520\" data-dig-id=\"LP-30702-548629c5\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Call 1-800-769-2520-tel:18007692520 \">Call 1-800-769-2520<\/a><\/div>\n<\/div><\/div>\n\n\n\n<p class=\"comparisonCard__learnMore\"><a href=\"https:\/\/www.rbcroyalbank.com\/business\/loans\/business-loan-insurance.html\" data-dig-id=\"LP-30702-e05482a7\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Learn more\" class=\"rbc-link-format\">Learn more<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"comparisonCards__sliderNav\" id=\"nav_6sn6fm0aq\"><div class=\"comparisonCards__navArrow comparisonCards__prevArrow\"><\/div><div class=\"comparisonCards__sliderDots\"><\/div><div class=\"comparisonCards__navArrow comparisonCards__nextArrow\"><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-comparison-cards comparisonCards\"><div class=\"comparisonCards__cards carousel-wpr\" id=\"yqodl7v0q\">\n<div class=\"wp-block-rbc-comparison-card comparisonCard showEnergyLines\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-2256ceb0 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group comparisonCard__topContent is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group comparisonCard__header is-horizontal is-layout-flex wp-block-group-is-layout-flex\">\n<div class=\"rbc-pill-block\"><div class=\"wp-block-rbc-pill-block snipe pill  blue is-style-white-ice\" style=\"--icon-url:url(undefined)\"><span>Business insurance<\/span><\/div><\/div>\n<\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-rbc-business-overhead-expense-insurance-0\">RBC Business Overhead Expense insurance<\/h4>\n\n\n\n<p>Make sure your business can always pay the bills if you or a co-owner cannot work due to a disability.<\/p>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\"\/>\n\n\n\n<div class=\"wp-block-group comparisonCard__highlights is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-rbc-highlights-card highlightsCard  is-style-blue-checkmark\"><div class=\"highlightsCard__heading\"><h5>The right choice if<\/h5><\/div><div class=\"highlightsCard__items\">\n<p>Your income is needed to pay fixed business expenses.<\/p>\n\n\n\n<p>You are a physician, lawyer, accountant or principal\/owner of a closely held business of practice.<\/p>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\"\/>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group comparisonCard__cta is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button btn is-style-primary primary\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.rbcinsurance.com\/cgi-bin\/birf\/form.cgi\" data-dig-id=\"LP-30702-b308627f\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Email us-https:\/\/www.rbcinsurance.com\/cgi-bin\/birf\/form.cgi \">Email us<\/a><\/div>\n<\/div><\/div>\n\n\n\n<p class=\"comparisonCard__learnMore\"><a href=\"https:\/\/www.rbcinsurance.com\/en-ca\/business-insurance\/business-overhead-insurance\/\" data-dig-id=\"LP-30702-70070ba9\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Learn more\" class=\"rbc-link-format\">Learn more<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-comparison-card comparisonCard\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-2256ceb0 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group comparisonCard__topContent is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group comparisonCard__header is-horizontal is-layout-flex wp-block-group-is-layout-flex\">\n<div class=\"rbc-pill-block\"><div class=\"wp-block-rbc-pill-block snipe pill  blue is-style-white-ice\" style=\"--icon-url:url(undefined)\"><span>Business loan insurance<\/span><\/div><\/div>\n<\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-rbc-business-loan-protector-1\">RBC Business Loan Protector<\/h4>\n\n\n\n<p>The Business Loan Protector policy makes funds available to pay outstanding business loans and loan interest if you become disabled.<\/p>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\"\/>\n\n\n\n<div class=\"wp-block-group comparisonCard__highlights is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-rbc-highlights-card highlightsCard  is-style-blue-checkmark\"><div class=\"highlightsCard__heading\"><h5>The right choice if<\/h5><\/div><div class=\"highlightsCard__items\">\n<p>You have been in business for at least three years.<\/p>\n\n\n\n<p>Your business has a net worth of $50,000.<\/p>\n\n\n\n<p>You have loans for assets that are<br>used only for business purposes, such as equipment, property or buildings.<\/p>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide wide\"\/>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group comparisonCard__cta is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button btn is-style-primary primary\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:18007692520\" data-dig-id=\"LP-30702-548629c5\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Call 1-800-769-2520-tel:18007692520 \">Call 1-800-769-2520<\/a><\/div>\n<\/div><\/div>\n\n\n\n<p class=\"comparisonCard__learnMore\"><a href=\"https:\/\/www.rbcroyalbank.com\/business\/loans\/business-loan-insurance.html\" data-dig-id=\"LP-30702-327259e2\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Learn more\" class=\"rbc-link-format\">Learn more<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"comparisonCards__sliderNav\" id=\"nav_yqodl7v0q\"><div class=\"comparisonCards__navArrow comparisonCards__prevArrow\"><\/div><div class=\"comparisonCards__sliderDots\"><\/div><div class=\"comparisonCards__navArrow comparisonCards__nextArrow\"><\/div><\/div><\/div>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-callout-card calloutCard calloutCard__2CTACard  hasDarkBg\" style=\"background-color:#006AC3\">\n<div class=\"wp-block-rbc-callout-card calloutCard calloutCard__2CTACard  hasDarkBg\" style=\"background-color:#006AC3\">\n<div class=\"wp-block-columns cols2CTA is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column columnLeft is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group groupColumnLeft is-layout-flow wp-block-group-is-layout-flow\">\n<h2 class=\"wp-block-heading has-white-color\" id=\"h-talk-to-an-advisor-if\">Talk to an advisor if<\/h2>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-checkmark-white\">\n<li class=\"wp-block-rbc-list-item\">\n<p>You\u2019re planning to combine multiple products.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p>You have unique health or family considerations.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p>You want a tailored financial plan.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button btn is-style-accent accent\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.rbcinsurance.com\/request-a-call\/personal-insurance\/contact-us\/index.html\" data-dig-id=\"LP-30702-38d1219e\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Book a call-https:\/\/www.rbcinsurance.com\/request-a-call\/personal-insurance\/contact-us\/index.html \">Book a call<\/a><\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column columnRight is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group groupColumnRight is-layout-flow wp-block-group-is-layout-flow\">\n<h2 class=\"wp-block-heading has-white-color\" id=\"h-start-online-if\">Start online if<\/h2>\n\n\n\n<ul class=\"wp-block-rbc-list is-style-checkmark-white\">\n<li class=\"wp-block-rbc-list-item\">\n<p>Your needs are straightforward.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p>You know the coverage type you want.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p>You want to get started now.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-6c531013 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button btn before is-style-accent accent\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.rbcroyalbank.com\/business\/loans\/business-credit-protection-selector.html\" data-dig-id=\"LP-30702-bba85c0d\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Try the Business Credit Protection selector-https:\/\/www.rbcroyalbank.com\/business\/loans\/business-credit-protection-selector.html \">Try the Business Credit Protection selector<\/a><\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-layout-selector layoutSelector layoutSelector__layout8\">\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group layoutSelector__header is-layout-flow wp-block-group-is-layout-flow\">\n<h2 class=\"wp-block-heading\" id=\"h-helpful-resources\"><span class=\"partial__border-bottom\">Helpful resources<\/span><\/h2>\n\n\n\n<p class=\"p-large\"><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group layoutSelector__cards-container layoutSelector__is-flex layoutSelector__direction-row is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group flex-2\/3 layout8-article-wrapper is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-rbc-article-cards articleCards layout8-article-cards\"><div class=\"articleCards__container\"><div class=\"articleCards__cards carousel-wpr\">\n<div class=\"wp-block-rbc-article-card-single articleCardSingle\"><div class=\"articleCardSingle__image\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2024\/08\/Home-Based-Bus-Insurance-1_3x2.jpg\" alt=\"Featured Image\"\/><\/div><div class=\"articleCardSingle__content\" style=\"background-color:#F7F8FA\"><span class=\"cardTag\">Article<\/span><h4 class=\"rbc-override-margin\">Do Home-Based Businesses Need Extra Insurance?<\/h4><p class=\"rbc-override-margin truncate-text-lines-3\">Home-based business insurance coverage can protect you and your company from damage, theft, and business liability not covered by your home insurance policy.<\/p><p class=\"articleCardSingle__postLink\"><a href=\"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/home-insurance\/do-home-based-businesses-need-extra-insurance\">Read now<\/a><\/p><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-article-card-single articleCardSingle\"><div class=\"articleCardSingle__image\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2022\/09\/creditor-insurance-thumbnail-default.jpg\" alt=\"Featured Image\"\/><\/div><div class=\"articleCardSingle__content\" style=\"background-color:#F7F8FA\"><span class=\"cardTag\">Article<\/span><h4 class=\"rbc-override-margin\">How Can I Protect My Mortgage, Loan, Line of Credit, or Credit Card Payments?<\/h4><p class=\"rbc-override-margin truncate-text-lines-3\">Discover how creditor insurance can help protect your financial obligations from some of life\u2019s unexpected events, with coverage for mortgages, loans, lines of credit, and credit cards.<\/p><p class=\"articleCardSingle__postLink\"><a href=\"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/creditor-insurance\/how-can-i-protect-my-mortgage-or-loan-payments\">Read now<\/a><\/p><\/div><\/div>\n<\/div><div class=\"articleCards__sliderNav\"><div class=\"articleCards__navArrow articleCards__prevArrow\"><\/div><div class=\"articleCards__sliderDots\"><\/div><div class=\"articleCards__navArrow articleCards__nextArrow\"><\/div><\/div><\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group info_layoutSelector flex-1\/3 layoutSelector__is-flex layoutSelector__direction-col is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-rbc-information-card informationCard articleCardsLayout__stackedCard\" style=\"--icon-url:url(undefined);background-color:#edf7fc\">\n<div class=\"rbc-pill-block\"><div class=\"wp-block-rbc-pill-block snipe pill  is-style-square-yellow\" style=\"--icon-url:url(undefined)\"><span>Tool<\/span><\/div><\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-business-loan-insurance-plan-premium-calculator\">Business loan insurance plan premium calculator<\/h4>\n\n\n\n<p>Answer a few questions and we\u2019ll calculate the cost of protecting your RBC business loan(s)!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-style-secondary secondary is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button is-style-secondary secondary btn before\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.rbcroyalbank.com\/business\/loans\/business-loan-insurance-calculator.html\" data-dig-id=\"LP-30702-5cbd34a6\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Calculate now-https:\/\/www.rbcroyalbank.com\/business\/loans\/business-loan-insurance-calculator.html \">Calculate now<\/a><\/div>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-information-card informationCard articleCardsLayout__stackedCard\" style=\"--icon-url:url(undefined);background-color:#edf7fc\">\n<div class=\"rbc-pill-block\"><div class=\"wp-block-rbc-pill-block snipe pill  is-style-square-yellow\" style=\"--icon-url:url(undefined)\"><span>Tool<\/span><\/div><\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-loanprotector-insurance-quote\">LoanProtector insurance quote<\/h4>\n\n\n\n<p>See how affordable it is to protect your RBC Royal Bank loan or line of credit.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-style-secondary secondary is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button is-style-secondary secondary btn before\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/apps.royalbank.com\/apps\/creditor-insurance\/loanprotector\/?lang=en\" data-dig-id=\"LP-30702-6d0d53a1\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Get a quote-https:\/\/apps.royalbank.com\/apps\/creditor-insurance\/loanprotector\/?lang=en \">Get a quote<\/a><\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-rbc-faq faq\"><div class=\"faq__header\"><h2><span class=\"partial__border-bottom\">Frequently asked questions<\/span> for launching a business<\/h2><\/div><div class=\"faq__content\">\n<div class=\"wp-block-rbc-rbc-collapsible-accordion accordion\" id=\"&quot;accordionSet1\">\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titleo47od80t\" class=\"collapse-toggle collapsed\" data-target=\"#accordiono47od80t\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-30702-o47od80t\" aria-controls=\"accordiono47od80t\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"What is the difference between business insurance and personal insurance?\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>What is the difference between business insurance and personal insurance?<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordiono47od80t\" role=\"region\" aria-labelledby=\"accordion-titleo47od80t\"><div class=\"collapse-inner\">\n<p>Personal insurance generally protects your home, car, and personal assets. Business insurance is designed to cover risks related to running a company, such as liability, property, employee coverage.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-title2x6yls87\" class=\"collapse-toggle collapsed\" data-target=\"#accordion2x6yls87\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-30702-2x6yls87\" aria-controls=\"accordion2x6yls87\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"When should a business review and update its insurance coverage?\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>When should a business review and update its insurance coverage?<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordion2x6yls87\" role=\"region\" aria-labelledby=\"accordion-title2x6yls87\"><div class=\"collapse-inner\">\n<p>It\u2019s a good idea to review coverage whenever your business changes. For example, if you hire employees, expand services, buy new equipment, or move to a new location.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titleewjvavzp\" class=\"collapse-toggle collapsed\" data-target=\"#accordionewjvavzp\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-30702-ewjvavzp\" aria-controls=\"accordionewjvavzp\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"How do I know if my home-based business is covered by my home insurance policy?\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>How do I know if my home-based business is covered by my home insurance policy?<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionewjvavzp\" role=\"region\" aria-labelledby=\"accordion-titleewjvavzp\"><div class=\"collapse-inner\">\n<p>Most home insurance policies don\u2019t cover business activities. You may need separate business coverage or buy a policy add-on, depending on the type of work you do.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titlepmmmv2hh\" class=\"collapse-toggle collapsed\" data-target=\"#accordionpmmmv2hh\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-30702-pmmmv2hh\" aria-controls=\"accordionpmmmv2hh\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"What is key person insurance, and how does it work?\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>What is key person insurance, and how does it work?<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionpmmmv2hh\" role=\"region\" aria-labelledby=\"accordion-titlepmmmv2hh\"><div class=\"collapse-inner\">\n<p>Key person insurance provides a payout to the business if an essential owner or employee passes away or becomes unable to work, helping the company manage financial impacts and continue operations.<\/p>\n<\/div><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-collapsible-panel\"><div class=\"accordion-panel\"><button id=\"accordion-titless9y3ree\" class=\"collapse-toggle collapsed\" data-target=\"#accordionss9y3ree\" data-toggle=\"collapse\" data-parent=\"#accordionSet1\" aria-expanded=\"false\" data-dig-id=\"LP-30702-ss9y3ree\" aria-controls=\"accordionss9y3ree\" data-dig-category=\"LP\" data-dig-action=\"collapsible closed\" data-dig-label=\"Why is creditor insurance important?\" action-closed=\"collapsible closed\" action-opened=\"collapsible open\"><div>Why is creditor insurance important?<\/div><\/button><div class=\"collapse-content collapse\" id=\"accordionss9y3ree\" role=\"region\" aria-labelledby=\"accordion-titless9y3ree\"><div class=\"collapse-inner\">\n<p>Most of us carry some debt\u2014for a home or a car\u2014or on a credit card. When life goes as planned, these debts fit into your budget nicely. It\u2019s when something unexpected happens that debt can become an issue. That\u2019s where creditor insurance comes in; it can help cover your debt to help prevent it from becoming a burden to you or your family.<\/p>\n\n\n\n<p>Without creditor insurance, you may have to rely on savings or other insurance you have to repay debt\u2014and this can dramatically reduce the money you or your family can put towards other needs.<\/p>\n<\/div><\/div><\/div><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-callout-card calloutCard calloutCard__image  mar-b-dbl mob-mar-b-dbl\" style=\"background-color:#F7F8FA\">\n<div class=\"wp-block-columns cols is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column col-left is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h2 class=\"wp-block-heading\" id=\"h-find-insurance-for-all-your-needs\">Find insurance for all your needs<\/h2>\n\n\n\n<p class=\"rbc-override-margin p-large\">Protecting your business is key to long-term success. The right coverage helps you stay resilient through challenges and opportunities.<\/p>\n\n\n\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-buttons  get-your-free-quote is-layout-flex wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button btn is-style-primary primary\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.rbcinsurance.com\/request-a-call\/personal-insurance\/contact-us\/index.html\" data-dig-id=\"LP-30702-e43979a5\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Book a call-https:\/\/www.rbcinsurance.com\/request-a-call\/personal-insurance\/contact-us\/index.html \">Book a call<\/a><\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column col-right is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"606\" height=\"573\" src=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/life-insurance-cta.webp?quality=80&amp;w=606\" alt=\"A father and son protected by life insurance\" class=\"wp-image-18133\" srcset=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/life-insurance-cta.webp 606w, https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/life-insurance-cta.webp?resize=300,284 300w, https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/life-insurance-cta.webp?resize=420,397 420w\" sizes=\"auto, (max-width: 606px) 100vw, 606px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>How insurance protects your new business You\u2019ve done the hard part: you started a new business. But many new owners don\u2019t realize how property damage, lawsuits and other risks can impact your business. We have you covered. Three ways to protect your business as it grows<\/p>\n","protected":false},"author":203,"featured_media":0,"parent":30698,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/new-rbci-design.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-30702","page","type-page","status-publish","hentry"],"pp_force_visibility":null,"pp_subpost_visibility":null,"pp_inherited_force_visibility":null,"pp_inherited_subpost_visibility":null,"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Insurance for Business Owners, Freelancers &amp; Self-Employed | RBC Insurance<\/title>\n<meta name=\"description\" content=\"Protect your business and personal assets with customized insurance plans for business owners. Explore RBC Insurance&#039;s expert solutions to secure your future.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rbcinsurance.com\/en-ca\/life-stages\/business-owners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insurance for Business Owners, Freelancers &amp; Self-Employed | RBC Insurance\" \/>\n<meta property=\"og:description\" content=\"Protect your business and personal assets with customized insurance plans for business owners. 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