{"id":12463,"date":"2023-04-27T15:01:38","date_gmt":"2023-04-27T15:01:38","guid":{"rendered":"https:\/\/www.rbcinsurance.com\/en-ca\/?p=12463&#038;preview=true&#038;preview_id=12463"},"modified":"2026-04-08T14:47:20","modified_gmt":"2026-04-08T18:47:20","slug":"why-parents-need-to-buy-life-insurance","status":"publish","type":"post","link":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance","title":{"rendered":"Why Parents Need to Buy Life Insurance"},"content":{"rendered":"\n<div class=\"wp-block-rbc-template-selector templateSelector template__article articleSingle\" data-template=\"article\">\n<div class=\"wp-block-group articleSingle__container tabListStickyWrapper is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group articleSingle__container__hero is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group articleSingle__container__hero__inner is-layout-flow wp-block-group-is-layout-flow\">\n<span class=\"rbc-yoast-breadcrum-span\"><span><a href=\"https:\/\/www.rbcinsurance.com\/en-ca\/\">Home<\/a><\/span><\/span>\n\n\n\n<div class=\"wp-block-group articleSingle__featuredImage__group is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group articleSingle__title__group is-layout-flow wp-block-group-is-layout-flow\"><h1 class=\"wp-block-post-title\">Why Parents Need to Buy Life Insurance<\/h1>\n\n\n<div class=\"wp-block-group articleSingle__date__group is-layout-flow wp-block-group-is-layout-flow\"><div class=\"wp-block-post-date\"><time datetime=\"2023-04-27T15:01:38-04:00\">April 27, 2023<\/time><\/div>\n\n\n<span class=\"wp-block-rbc-html-element articleSingle__readTime\">11 Min Read<\/span>\n<\/div>\n\n\n\n<div class=\"wp-block-group articleSingle__author__group is-layout-flow wp-block-group-is-layout-flow\">\n<img decoding=\"async\" src=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/Avatar.webp?quality=80&w=128&h=128&crop=1\" alt=\"RBC Insurance\">\n\n\n\n<div class=\"wp-block-group articleSingle__author__details is-layout-flow wp-block-group-is-layout-flow\">\n<span class=\"wp-block-rbc-html-element articleSingle__author__name\">RBC Insurance<\/span>\n\n\n\n<span class=\"wp-block-rbc-html-element articleSingle__author__designation\"><\/span>\n<\/div>\n<\/div>\n<\/div>\n\n\n<figure class=\"articleSingle__featuredImage wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"930\" height=\"620\" src=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/04\/RBCI_why_parents_need_life_insurance-2.jpg?quality=80&amp;w=930\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"A father helping his young daughter play on a slide\" style=\"object-fit:cover;\" srcset=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/04\/RBCI_why_parents_need_life_insurance-2.jpg 930w, https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/04\/RBCI_why_parents_need_life_insurance-2.jpg?resize=300,200 300w, https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/04\/RBCI_why_parents_need_life_insurance-2.jpg?resize=768,512 768w, https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/04\/RBCI_why_parents_need_life_insurance-2.jpg?resize=420,280 420w\" sizes=\"auto, (max-width: 930px) 100vw, 930px\" \/><\/figure><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group articleSingle__container__main is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group articleSingle__container__page__nav is-layout-flow wp-block-group-is-layout-flow\">\t\t<div class=\"socials-block\">\n\t\t\t\t\t\t<p class=\"socials-block-title\">\n\t\t\tShare this article\t\t<\/p>\n\t\t<div class=\"social-links mob-mar-b-hlf mob-mar-t-hlf\">\n\t\t\t\t\t<a class=\"social-button-wrapper sharing-custom sharing-email\" href=\"mailto:?subject=Why Parents Need to Buy Life Insurance &#038;body=Hi, I thought you might be interested in this article from RBC Insurance: https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\">\n\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-email.svg\"\n\t\t\t\talt=\"envelope icon\">\n\t\t\t\t<span>\n\t\t\t\tEmail\t\t\t\t<\/span>\n\t\t\t<\/a>\n\t\t<div class=\"social-button-wrapper sharing-copy-wrapper\">\n\t\t\t<button class=\"sharing-custom sharing-copy\" data-url=\"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\">\n\t\t\t<img\n\t\t\t\tsrc=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-related.svg\"\n\t\t\t\talt=\"copy icon\">\n\t\t\t<span id=\"sharing-copyUrl-Label\">\n\t\t\t\tCopy URL\t\t\t<\/span>\n\t\t\t<\/button>\n\t\t\t<input type=\"text\" class=\"sharing-copy-text\" aria-labelledby=\"sharing-copyUrl-Label\">\n\t\t<\/div>\n\t<\/div>\n  \t\t<\/div>\t\n\t\t\n\n\n<div class=\"wp-block-rbc-tabs-list tabsList\" data-switch=\"lgBp\" data-target-heading=\"h2\"><p class=\"tabsList__heading\">On this page<\/p><div class=\"tabsList__wrapper\"><button class=\"selectDropdown__button\" aria-haspopup=\"listbox\" aria-expanded=\"false\"><span class=\"selectDropdown__title\">Why is life insurance important for parents?<\/span><span class=\"selectDropdown__chevron\"><\/span><\/button><ul class=\"tabsList__items selectDropdown__list\"><li class=\"selectDropdown__list__item tabsList__item selected\"><a href=\"#h-why-is-life-insurance-important-for-parents\">Why is life insurance important for parents?<\/a><\/li><li class=\"selectDropdown__list__item tabsList__item \"><a href=\"#h-how-much-life-insurance-do-parents-need\">How much life insurance do parents need?<\/a><\/li><li class=\"selectDropdown__list__item tabsList__item \"><a href=\"#h-choosing-the-right-life-insurance-policy-for-your-family\">Choosing the right life insurance policy for your family<\/a><\/li><li class=\"selectDropdown__list__item tabsList__item \"><a href=\"#h-how-to-choose-a-policy-that-meets-your-familys-needs\">How to choose a policy that meets your family&#039;s needs<\/a><\/li><\/ul><\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group articleSingle__content__main tabListHeadings is-layout-flow wp-block-group-is-layout-flow\">\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<p>Just like unexpected bills can throw plans off track, it\u2019s hard to imagine what could happen if you or your partner were suddenly left to cover all of those costs alone. Life insurance can cost as little as $13 a month* but create a safety net for your children as they grow.<\/p>\n<p>Life insurance is an important part of a larger discussion around family finances and ways to protect your family\u2019s financial wellness and overall well-being. To buy life insurance, parents pay a monthly or annual cost (called a \u201cpremium\u201d) for a set number of years (called a \u201cterm\u201d), so loved ones can receive a lump sum of money when you pass away. How much money they receive depends on the plan you purchase \u2014 it could be anywhere from $25,000 to $25 million \u2014 but it can be enough to help your family bounce back, cover funeral costs, stay in their home, or go to university one day.<\/p>\n<p>Understanding how life insurance impacts your family\u2019s finances is the first step to putting them on the path to a more secure and stable financial future.<\/p>\n<h2 id=\"h-why-is-life-insurance-important-for-parents\">Why is life insurance important for parents?<\/h2>\n<h3>Protecting your family&#8217;s future<\/h3>\n<p>You\u2019d do anything to protect your family right now. What about when you\u2019re not here? Life insurance can help you leave money for your partner and children, safeguard your family\u2019s financial future, and try to ease any future burden on them \u2014 which can help ease your mind now. Signing up for a plan now means that you\u2019re covered right now, and not relying on savings to build up over the long term.<\/p>\n<h3>The financial impact on a family if a parent passes away<\/h3>\n<p>Losing a parent early or unexpectedly can have a devastating impact on families. Without life insurance coverage or savings, your surviving partner and kids may find themselves unable to cover their costs at all. Some common challenges include:<\/p>\n<ul>\n<li>Inability to make mortgage payments and having to move out of the family home.<\/li>\n<li>Scrambling to cover unexpected bills, like final expenses including funeral expenses.<\/li>\n<li>Inability to meet daily expenses, like monthly bills and car payments.<\/li>\n<li>Unable to save for children\u2019s education in the future, or having to cash out education funds to pay for other bills now.<\/li>\n<\/ul>\n<p>Aside from covering costs, life insurance benefits can help give your family members a much-needed boost and help them achieve their dreams, like having enough money to attend the school of their choice, the funds to start their own business, have their dream wedding, or even travel.<\/p>\n<h2 id=\"h-how-much-life-insurance-do-parents-need\">How much life insurance do parents need?<\/h2>\n<p>There\u2019s no magic number when it comes to how much life insurance coverage you need for your family. It may depend on your age, the ages of your kids, your phase of life, your family\u2019s size, and your ongoing financial needs. When determining the amount of life insurance coverage you want for your family, it\u2019s important to consider factors like:<\/p>\n<ul>\n<li>How many dependents you have<\/li>\n<li>If you\u2019re the sole income or main provider<\/li>\n<li>What your family\u2019s debt load is<\/li>\n<li>If your house has been paid off<\/li>\n<li>Whether you have other investments that can cover costs for your family, such as a Registered Retirement Savings Plan (RRSP)<\/li>\n<li>Personal goals like wanting to pay for your children\u2019s educations or weddings in the future<\/li>\n<\/ul>\n<p>As well, the more coverage you have, the higher the monthly premium payment is likely to be. If money is already tight, you may choose a coverage amount that has a lower monthly fee and meets your short-term needs.<\/p>\n<p>Some other ways life insurance can help parents prepare for the unexpected include:<\/p>\n<h4>Paying off debts and final expenses<\/h4>\n<p>Many people don\u2019t realize that some debts and loans, such as private student loans, aren\u2019t forgiven when you pass away. Life insurance can help you cover those debts and protect your loved ones from taking on those costs after you\u2019re gone. Not having to pay down loans and being able to pay out mortgages could lighten the load of their daily living expenses.<\/p>\n<h4>Covering funeral expenses and other end-of-life costs<\/h4>\n<p>Funerals and end-of-life expenses, such as legal fees and taxes, can cost thousands and can catch families by surprise. Life insurance can help cover these costs and help pay for the funeral you want.<\/p>\n<h4>Providing for your children\u2019s education<\/h4>\n<p>School is expensive. It can cost many thousands to put kids \u2014 or multiple kids \u2014 through college and university. Life insurance can help ensure your family doesn\u2019t have to make tough choices down the road. Both term life insurance and permanent life insurance death benefits can be used to cover education costs if you pass away. As well, some permanent life insurance plans have the option to cash out the money you\u2019ve invested so far while you\u2019re alive and help your kids out along the way.<\/p>\n<h4>Estate Planning<\/h4>\n<p>Life insurance can help reduce or even eliminate the government tax paid on your assets when they get transferred to your family, to ensure a smoother transition. Some permanent life insurance plans are tax-sheltered investment opportunities, which means you can add money and grow your investments along the way, knowing your family won\u2019t have to pay taxes for receiving it.<\/p>\n<h4>Supporting a spouse or surviving partner<\/h4>\n<p>When a spouse or partner passes away, the surviving partner is suddenly responsible for all of the bills \u2014 the mortgage, the groceries, daycare and other bills can pile up quickly. Life insurance is one way to help keep taking care of your partner long-term, so they can keep living the lifestyle they\u2019re used to. As well, some life insurance plans offer joint coverage options or options for insuring all family members.<\/p>\n<h4>Life insurance as a long-term investment<\/h4>\n<p>Life insurance can act as an investment vehicle. Depending on the specific plan, permanent life insurance may be a way to invest and grow your wealth while protecting your family\u2019s financial future. Some choose it for its flexibility over other investment plans, like Registered Retirement Savings Plans (RRSPs) and Registered Education Savings Plans (RESPs) which have defined purposes (paying for retirement and education costs). You and your loved ones can use the money for whatever you want. It could also help your family with daily living expenses, purchasing a car, paying off debts, putting a down payment on a home, or taking the dream trip you always talked about \u2014 anything they choose.<\/p>\n<p><a href=\"https:\/\/www.rbcinsurance.com\/life-insurance\/life-insurance-quote\/index.html?utm_source=blog&amp;utm_medium=social&amp;utm_campaign=consideration_en&amp;utm_content=getfreequote\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-15806 size-full\" src=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2024\/09\/life-insurance-banner.png\" alt=\"Life insurance plans for as little as $13\/month\" width=\"1117\" height=\"315\" srcset=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2024\/09\/life-insurance-banner.png 1117w, https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2024\/09\/life-insurance-banner.png?resize=300,85 300w, https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2024\/09\/life-insurance-banner.png?resize=768,217 768w, https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2024\/09\/life-insurance-banner.png?resize=1024,289 1024w, https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2024\/09\/life-insurance-banner.png?resize=420,118 420w\" sizes=\"auto, (max-width: 1117px) 100vw, 1117px\" \/><\/a><\/p>\n<h2 id=\"h-choosing-the-right-life-insurance-policy-for-your-family\">Choosing the right life insurance policy for your family<\/h2>\n<h4>The different types of life insurance policies available<\/h4>\n<p><strong>Term life insurance<\/strong>: Term life insurance plans are an option for young families who prioritize affordability and short-term protection or are prioritizing paying off debts and paying into other plans, like an RESP. Term plans are more affordable than permanent plans in the short term and fees stay the same throughout, so you can predict your expenses. You pay a small amount over a set period of time (called a term), usually between 10 and 40 years, and are covered as long as you\u2019re making those payments within that term. Coverage expires when your term runs out or you stop paying (however, there may be options to convert it to a permanent plan down the road).<\/p>\n<p><strong>Permanent life insurance:<\/strong> Permanent coverage is more expensive than term coverage upfront but it covers you for life, even when you\u2019ve finished your payment term. There are several types of permanent life insurance plans, like Whole life insurance, Universal life insurance, and T100 life insurance.<\/p>\n<p><a href=\"https:\/\/www.rbcinsurance.com\/en-ca\/life-insurance\/whole-life-insurance\/\">Whole life insurance<\/a> fees won\u2019t change over time. You will still be insured for life, even when your payments end. Some people who like to take a \u201cset it and forget it\u201d approach to their finances and investments may choose this hands-off option.<\/p>\n<p><a href=\"https:\/\/www.rbcinsurance.com\/en-ca\/life-insurance\/universal-life-insurance\/\">Universal life insurance<\/a> plans are more flexible types of permanent plans, allowing you to update your policy premiums and benefits in the future, so you can adapt to your changing life. Some people may choose this option because they love being hands-on with investments and enjoy managing investment risks for the possibility of more growth.<\/p>\n<p><a href=\"https:\/\/www.rbcinsurance.com\/en-ca\/life-insurance\/term-100-life-insurance\/\">T100 life insurance<\/a>, also known as Term 100 life insurance, is a simpler permanent plan. It offers lifetime coverage like other plans but without investment perks. You pay a set fee each month or year for the rest of your lifetime, or until you reach age 100.<\/p>\n<h2 id=\"h-how-to-choose-a-policy-that-meets-your-familys-needs\">How to choose a policy that meets your family&#8217;s needs<\/h2>\n<p>Choosing a life insurance plan now can help you set your family up for success later and protect your family&#8217;s financial future.<\/p>\n<h4><strong>How much life insurance coverage does my family need?<\/strong><\/h4>\n<p>There are many different factors that determine how much coverage you may need. Consider things like your annual salary, how long you want to cover your family, how many children or dependents you have, and how much debt you carry, like your mortgage balance.<\/p>\n<h4><strong>Can I add beneficiaries later, like if I have more children?<\/strong><\/h4>\n<p>Of course! You can change and add beneficiaries at any time, including dependents like children, grandchildren, parents, or partners over the years.<\/p>\n<h4><strong>What is the best age for parents to buy life insurance?<\/strong><\/h4>\n<p>There is no ideal age to buy life insurance. Parents may choose to buy plans before they have kids or wait until later in life. However, because older people tend to have more health issues, signing up for life insurance at a younger age can make it easier to qualify and help you if health issues arise in the future.<\/p>\n<h4><strong>Can I insure individual members of my family?<\/strong><\/h4>\n<p>Depending on your life insurance plan, you can insure yourself, sign up for joint coverage for you and your spouse, get coverage for future spouses, and even insure your children.<\/p>\n<h4><strong>Are death benefits taxed?<\/strong><\/h4>\n<p>A death benefit is the lump sum of money paid out to your loved ones or beneficiaries when you die. It\u2019s tax-free, so your family can avoid being caught off guard by unexpected fees or deductions.<\/p>\n<h4><strong>Can I receive money for a critical illness?<\/strong><\/h4>\n<p>Death benefits are only paid out when you pass away, but some permanent life insurance plans have options to cash out the value you\u2019ve paid into the plan while you\u2019re still alive. This can be a way to help cover expenses of an unexpected critical illness, or another unexpected major cost.<\/p>\n<p>Parents have different reasons for wanting life insurance at different life stages. A licensed insurance advisor can help you ask the right questions and develop a personalized plan that will ensure you make the right choice for you and your family.<\/p>\n<h6>Speak with an RBC Insurance Advisor by calling 1-888-925-0946 or <u>Have an Advisor Call Me<\/u>. Want to speak with an advisor in person? <u>Find an Advisor or Store<\/u>.<\/h6>\n<p><em><span style=\"font-size: 1.6rem;\">*Rate based on a $100,000, Term 10 policy for a male, age 37, non-smoker.<\/span><\/em><\/p>\n\n\n\n<div class=\"wp-block-rbc-section-inner-block  section-inner block-wpr bg-light-blue rounded-corners pos-rel pad-l pad-r mob-pad-r centered-block mob-pad-l pad-t mob-pad-t pad-b mob-pad-b\" style=\"border-radius:0x\">\n<h2 class=\"wp-block-heading has-text-align-center mar-t mar-b-hlf mob-mar-b-hlf mob-mar-t\" id=\"h-rbc-life-insurance\">RBC Life Insurance<\/h2>\n\n\n\n<p class=\"has-text-align-center mar-b-hlf mob-mar-b-hlf pad-r mob-pad-r pad-l mob-pad-l has-text-reg-font-size\">Protect Your Loved Ones With Dependable Life Insurance.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\"><div>\n<div class=\"wp-block-button aligncenter btn is-style-primary primary\"><a class=\"wp-block-button__link has-text-lg-font-size has-custom-font-size wp-element-button\" href=\"https:\/\/www.rbcinsurance.com\/life-insurance\/life-insurance-quote\/index.html\" rel=\"noreferrer noopener\" data-dig-id=\"LP-283-476a44f4\" data-dig-category=\"LP\" data-dig-action=\"button click\" data-dig-label=\"Get a quote-https:\/\/www.rbcinsurance.com\/life-insurance\/life-insurance-quote\/index.html \">Get a quote<\/a><\/div>\n<\/div><\/div>\n\n\n\n<p class=\"has-text-align-center mar-t-hlf mob-mar-t-hlf pad-b mob-pad-b has-text-reg-font-size\"><a href=\"https:\/\/www.rbcinsurance.com\/en-ca\/life-insurance\/\" data-dig-id=\"LP-273-18de2c2e\" 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\n\n\t<style type=\"text\/css\">\n\t\t.wp-block-tk-spacer.id-80d692ba-f5d9-4c81-befb-23e1ddc87d69 {\n\t\theight: 30px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-80d692ba-f5d9-4c81-befb-23e1ddc87d69 {\n\t\t\theight: 15px;\n\t\t}\n\t}\t<\/style>\n\t<div class=\"wp-block-tk-spacer id-80d692ba-f5d9-4c81-befb-23e1ddc87d69\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<div class=\"wp-block-rbc-rbc-default-collapsible\"><p><button class=\"collapse-toggle collapsed\" data-target=\"#collapse2de7ba0a\" data-toggle=\"collapse\" aria-expanded=\"false\" aria-controls=\"collapse2de7ba0a\" data-dig-id=\"LP-LifeInsurance-12463-2de7ba0a\" data-dig-category=\"LP-LifeInsurance\" data-dig-action=\"accordion closed\" action-closed=\"accordion closed\" action-opened=\"accordion open\" data-dig-label=\"Things Our Lawyers Want You to Know\"><div>Things Our Lawyers Want You to Know<\/div><\/button><\/p><div class=\"collapse-content collapse\" id=\"collapse2de7ba0a\">\n<div class=\"wp-block-rbc-collapsible-inner-block collapse-inner\">\n<p class=\"has-text-sm-font-size\">*Home and auto insurance products are distributed by RBC Insurance Agency Ltd. and underwritten by Aviva General Insurance Company. In Quebec, RBC Insurance Agency Ltd. Is registered as a damage insurance agency. As a result of government-run auto insurance plans, auto insurance is not available through RBC Insurance in Manitoba, Saskatchewan and British Columbia.<\/p>\n\n\n\n<p class=\"has-text-sm-font-size\">This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.<\/p>\n\n\n\n<p class=\"has-text-sm-font-size\">1. Rate based on a $100,000, Term 10 policy for a male, age 37, non-smoker. This does not constitute advice. Please speak with a licensed insurance advisor for more information on what coverage is suitable for your needs. Subject to policy exclusions. Underwritten by RBC Life Insurance Company. The information within this site is not intended to provide tax advice. You should seek independent tax advice from a tax professional or advisor.<\/p>\n<\/div>\n<\/div><\/div>\n\n\n\n<div style=\"height:31px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Why parents should consider buying term and permanent life insurance to help protect their children\u2019s financial future.<\/p>\n","protected":false},"author":208,"featured_media":12540,"comment_status":"open","ping_status":"open","sticky":false,"template":"templates\/new-rbci-design.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[54],"tags":[3,4],"article-type":[80],"ppma_author":[190],"class_list":["post-12463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-life-insurance","tag-family","tag-life-insurance","article-type-advice-learning"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Why Parents Need to Buy Life Insurance<\/title>\n<meta name=\"description\" content=\"Why parents should consider buying term and permanent life insurance to help protect their children\u2019s financial 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\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why Parents Need to Buy Life Insurance\" \/>\n<meta property=\"og:description\" content=\"Why parents should consider buying term and permanent life insurance to help protect their children\u2019s financial future\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/\" \/>\n<meta property=\"og:site_name\" content=\"RBC Insurance\" \/>\n<meta property=\"article:author\" content=\"RBC Insurance\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-27T15:01:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-08T18:47:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/04\/RBCI_why_parents_need_life_insurance-2.jpg?quality=80\" \/>\n\t<meta property=\"og:image:width\" content=\"930\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark Gronowski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"RBC Insurance\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"19 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/\"},\"author\":{\"name\":\"noellagilkes\",\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/#\\\/schema\\\/person\\\/401857fcb2c7717f8c04c3d33e8bc689\"},\"headline\":\"Why Parents Need to Buy Life Insurance\",\"datePublished\":\"2023-04-27T15:01:38+00:00\",\"dateModified\":\"2026-04-08T18:47:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/\"},\"wordCount\":2120,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/04\\\/RBCI_why_parents_need_life_insurance-2.jpg?quality=80\",\"keywords\":[\"Family\",\"Life Insurance\"],\"articleSection\":[\"Life Insurance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/\",\"url\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/\",\"name\":\"Why Parents Need to Buy Life Insurance\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/04\\\/RBCI_why_parents_need_life_insurance-2.jpg?quality=80\",\"datePublished\":\"2023-04-27T15:01:38+00:00\",\"dateModified\":\"2026-04-08T18:47:20+00:00\",\"description\":\"Why parents should consider buying term and permanent life insurance to help protect their children\u2019s financial future\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/04\\\/RBCI_why_parents_need_life_insurance-2.jpg?quality=80\",\"contentUrl\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/04\\\/RBCI_why_parents_need_life_insurance-2.jpg?quality=80\",\"width\":930,\"height\":620,\"caption\":\"Father helping daughter sliding down the slide in a playground\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/advice-learning\\\/life-insurance\\\/why-parents-need-to-buy-life-insurance\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Advice &amp; Learning\",\"item\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/article-type\\\/advice-learning\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Why Parents Need to Buy Life Insurance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/#website\",\"url\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/\",\"name\":\"RBC Insurance\",\"description\":\"Personal Insurance\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/#organization\",\"name\":\"RBC Insurance\",\"url\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/06\\\/rbc-logo-shield.svg?quality=80&w=1024\",\"contentUrl\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/06\\\/rbc-logo-shield.svg?quality=80&w=1024\",\"width\":\"1024\",\"height\":\"1024\",\"caption\":\"RBC Insurance\"},\"image\":{\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"description\":\"RBC Insurance offers personal insurance such as car, home, life, health, travel and creditor insurance, plus retirement investment solutions to Canadians.\",\"telephone\":\"1-800-769-2568\",\"legalName\":\"RBC Insurance Services Inc.\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"1001\",\"maxValue\":\"5000\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/#\\\/schema\\\/person\\\/401857fcb2c7717f8c04c3d33e8bc689\",\"name\":\"noellagilkes\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/06\\\/Avatar.webp?quality=80&w=1285311091e249d85a89a1c2139527829f8\",\"url\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/06\\\/Avatar.webp?quality=80&w=128\",\"contentUrl\":\"https:\\\/\\\/www.rbcinsurance.com\\\/en-ca\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/06\\\/Avatar.webp?quality=80&w=128\",\"caption\":\"noellagilkes\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Why Parents Need to Buy Life Insurance","description":"Why parents should consider buying term and permanent life insurance to help protect their children\u2019s financial future","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/","og_locale":"en_US","og_type":"article","og_title":"Why Parents Need to Buy Life Insurance","og_description":"Why parents should consider buying term and permanent life insurance to help protect their children\u2019s financial future","og_url":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/","og_site_name":"RBC Insurance","article_author":"RBC Insurance","article_published_time":"2023-04-27T15:01:38+00:00","article_modified_time":"2026-04-08T18:47:20+00:00","og_image":[{"width":930,"height":620,"url":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/04\/RBCI_why_parents_need_life_insurance-2.jpg?quality=80","type":"image\/jpeg"}],"author":"Mark Gronowski","twitter_card":"summary_large_image","twitter_misc":{"Written by":"RBC Insurance","Est. reading time":"19 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/#article","isPartOf":{"@id":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/"},"author":{"name":"noellagilkes","@id":"https:\/\/www.rbcinsurance.com\/en-ca\/#\/schema\/person\/401857fcb2c7717f8c04c3d33e8bc689"},"headline":"Why Parents Need to Buy Life Insurance","datePublished":"2023-04-27T15:01:38+00:00","dateModified":"2026-04-08T18:47:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/"},"wordCount":2120,"commentCount":0,"publisher":{"@id":"https:\/\/www.rbcinsurance.com\/en-ca\/#organization"},"image":{"@id":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/04\/RBCI_why_parents_need_life_insurance-2.jpg?quality=80","keywords":["Family","Life Insurance"],"articleSection":["Life Insurance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/","url":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/","name":"Why Parents Need to Buy Life Insurance","isPartOf":{"@id":"https:\/\/www.rbcinsurance.com\/en-ca\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/#primaryimage"},"image":{"@id":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/04\/RBCI_why_parents_need_life_insurance-2.jpg?quality=80","datePublished":"2023-04-27T15:01:38+00:00","dateModified":"2026-04-08T18:47:20+00:00","description":"Why parents should consider buying term and permanent life insurance to help protect their children\u2019s financial future","breadcrumb":{"@id":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/#primaryimage","url":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/04\/RBCI_why_parents_need_life_insurance-2.jpg?quality=80","contentUrl":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/04\/RBCI_why_parents_need_life_insurance-2.jpg?quality=80","width":930,"height":620,"caption":"Father helping daughter sliding down the slide in a playground"},{"@type":"BreadcrumbList","@id":"https:\/\/www.rbcinsurance.com\/en-ca\/advice-learning\/life-insurance\/why-parents-need-to-buy-life-insurance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.rbcinsurance.com\/en-ca\/"},{"@type":"ListItem","position":2,"name":"Advice &amp; Learning","item":"https:\/\/www.rbcinsurance.com\/en-ca\/article-type\/advice-learning\/"},{"@type":"ListItem","position":3,"name":"Why Parents Need to Buy Life Insurance"}]},{"@type":"WebSite","@id":"https:\/\/www.rbcinsurance.com\/en-ca\/#website","url":"https:\/\/www.rbcinsurance.com\/en-ca\/","name":"RBC Insurance","description":"Personal Insurance","publisher":{"@id":"https:\/\/www.rbcinsurance.com\/en-ca\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rbcinsurance.com\/en-ca\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.rbcinsurance.com\/en-ca\/#organization","name":"RBC Insurance","url":"https:\/\/www.rbcinsurance.com\/en-ca\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rbcinsurance.com\/en-ca\/#\/schema\/logo\/image\/","url":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/rbc-logo-shield.svg?quality=80&w=1024","contentUrl":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/rbc-logo-shield.svg?quality=80&w=1024","width":"1024","height":"1024","caption":"RBC Insurance"},"image":{"@id":"https:\/\/www.rbcinsurance.com\/en-ca\/#\/schema\/logo\/image\/"},"description":"RBC Insurance offers personal insurance such as car, home, life, health, travel and creditor insurance, plus retirement investment solutions to Canadians.","telephone":"1-800-769-2568","legalName":"RBC Insurance Services Inc.","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"1001","maxValue":"5000"}},{"@type":"Person","@id":"https:\/\/www.rbcinsurance.com\/en-ca\/#\/schema\/person\/401857fcb2c7717f8c04c3d33e8bc689","name":"noellagilkes","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/Avatar.webp?quality=80&w=1285311091e249d85a89a1c2139527829f8","url":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/Avatar.webp?quality=80&w=128","contentUrl":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/Avatar.webp?quality=80&w=128","caption":"noellagilkes"}}]}},"jetpack_featured_media_url":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2023\/04\/RBCI_why_parents_need_life_insurance-2.jpg?quality=80","jetpack_sharing_enabled":true,"authors":[{"term_id":190,"user_id":0,"is_guest":1,"slug":"mark-gronowski","display_name":"Mark Gronowski","avatar_url":{"url":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/image-3.png?quality=80&w=512","url2x":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-content\/uploads\/sites\/2\/2021\/06\/image-3.png?quality=80&w=512"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/posts\/12463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/users\/208"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/comments?post=12463"}],"version-history":[{"count":23,"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/posts\/12463\/revisions"}],"predecessor-version":[{"id":35865,"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/posts\/12463\/revisions\/35865"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/media\/12540"}],"wp:attachment":[{"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/media?parent=12463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/categories?post=12463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/tags?post=12463"},{"taxonomy":"article-type","embeddable":true,"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/article-type?post=12463"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.rbcinsurance.com\/en-ca\/wp-json\/wp\/v2\/ppma_author?post=12463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}