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Life Insurance Plans Table
  RBC Simplified® Term Life Insurance YourTerm Life Insurance Term 100 Life Insurance RBC® Guaranteed Acceptance Life Insurance RBC Universal Life™ Insurance RBC Growth Insurance™ (Participating Whole Life)
Age Eligibility
  • Term 10 to 15: Ages 18-70
  • Term 16 to 40: Max issue age is age 85 minus the term
  • Term 10 to 15: Ages 18-70
  • Term 16 to 40: Max issue age is age 85 minus the term
Ages 18-85 Ages 40-75 Ages 0-85Disclaimer4 Ages 0-80
Medical Exam May not be required Typically required Typically required No medical exam Typically required Typically required
Disclaimer1
Ideal If You Want Affordable, easy to buy term coverage that helps protect your family for a limited time (such as when your kids are young or you have a mortgage) Substantial term coverage that helps protect your family for a limited time (such as when your kids are young or you have a mortgage) Lifetime coverage to protect your family or to help your heirs pay capital gains tax on assets left to them To leave a little something extra to your loved ones or help pay for final expenses

Lifetime coverage and the ability to save for the future in a tax-advantaged policy

To be involved with managing the policy’s underlying investments

Lifetime coverage with cash value guarantees and the potential to earn dividends to help protect your family and estate

The insurer to manage the policy’s invested assets

Coverage AmountsDisclaimer3

$50,000 to $1,000,000*

*Age 56 and older: up to $500,000

$1,000,001 to $25,000,000*

*Age 56 and older: from $500,000

$50,000 to $25,000,000 $5,000 to $40,000 $25,000 to $25,000,000 $25,000 to $25,000,000
Coverage Timeframe Varies: 10 to 40 years, with the option to renew for another term Varies: 10 to 40 years, with the option to renew for another term For life For life For life For life
Tax-Free Death Benefit YesDisclaimer2 YesDisclaimer2 YesDisclaimer2 YesDisclaimer2 YesDisclaimer2 YesDisclaimer2
Optional Benefits Please contact us for more information.
  • Children's Term rider
  • Accidental Death rider
  • Joint-First-to-Die option
  • Other optional benefits
  • Children's Term rider
  • Accidental Death rider
  • Joint-First-to-Die option
  • Term 10 and 20 riders
  • Other optional benefits
None
  • Children's Term rider
  • Accidental Death rider
  • Other optional benefits
  • Children's Term rider
  • Accidental Death rider
  • Guaranteed Insurability Benefit
  • Other optional benefits
Other Features

Convert to whole or RBC Growth Insurance without medical evidenceDisclaimer5

Exchange Term 10 for Term 15, 20 or 30 without medical evidenceDisclaimer5

Additional coverage on top of the life insurance benefit in case of accidental deathDisclaimer5

Convert to whole or RBC Growth Insurance without medical evidenceDisclaimer5

Exchange Term 10 for Term 15, 20 or 30 without medical evidenceDisclaimer5

No

Compassionate advance due to terminal illnessDisclaimer5

Additional coverage of 5x the life insurance benefit in case of accidental deathDisclaimer5

Portion of premium is deposited into investment accounts of your choice, where money grows tax-advantaged

Policy builds future cash value and can earn dividends

Juvenile Guaranteed Insurability Benefit

Premiums Guaranteed Yes, the entire term. Premiums change at renewal but are guaranteed for entire renewal term. Yes, the entire term. Premiums change at renewal but are guaranteed for entire renewal term. Yes Yes Various terms and payment optionsDisclaimer4 Yes
Premium Increases Yes, after initial term is complete Yes, after initial term is complete No No Various terms and payment optionsDisclaimer4 No
Timeframe to Pay Premiums The entire term, up until age 100 The entire term, up until age 100 To age 100 To age 95 Various terms and payment optionsDisclaimer4
  • 10 years
  • 20 years
  • For life (up to age 100)
Cancelable Anytime Yes Yes Yes Yes Yes (taxes and surrender charges may apply) Yes (taxes may apply)
Money-Back Cancellation Period 30 days 10 days 10 days 30 days 10 days 10 days

Legal Disclaimer1)
Conditions may apply. Please contact us for more details.
Legal Disclaimer2)
Note that probate fees are applicable if you have not designated a beneficiary and the proceeds of your policy become part of your estate.
Legal Disclaimer3)
The level of coverage that you qualify for depends upon your personal situation (for example, your income and age).
Legal Disclaimer4)
There are different options available to you. Please contact us for more information.
Legal Disclaimer5)
Subject to certain terms and conditions.