#RBC HOME PROTECTOR INSURANCE PREMIUM DRIVERS#
#RBC HOME PROTECTOR INSURANCE PREMIUM PROFESSIONAL#
#RBC HOME PROTECTOR INSURANCE PREMIUM SERIES#

One of the unique features of RBC Term Life Insurance is they offer very high coverage amounts. Considering this option? Get in touch with an experienced independent insurance broker who can help you crunch the numbers! Joint first-to-die coverage for a couple can be more affordable than purchasing two individual term policies. Why would anyone want this type of policy? When the husband dies prematurely from a massive heart attack, his spouse is paid out the $500,000 death benefit.Īfter that point in time, they no longer have coverage. For example, a married couple purchase an RBC joint first-to-die 20-year term policy for $500,000. Some occupations are uninsurable due to unusual physical hazards (e.g., workers handling explosives) or because of a high degree of job instability (e.g., actors, writers, taxi drivers, etc.).It’s a policy that has two people on it, usually a couple, designed to pay out a benefit on the first death only.

Also includes some occupations with light duties but where job stability may be of some concern (e.g.

#RBC HOME PROTECTOR INSURANCE PREMIUM DRIVERS#

(You can apply for a simplified issue or guaranteed issue products)Īll remaining insurable occupations, mainly those requiring heavy physical exertion such as unskilled or manual labourers, drivers of vehicles and jobs with significant accident risk. Does not include occupations where job stability may be a concern (e.g., fitness and beauty industries). To qualify, there must be no hazards from heat, chemicals, explosives, or heavy equipment/machinery. Skilled manual workers in the lighter trades and industries and some unskilled workers where duties are light and working conditions are favourable. Farm owners (with minimum 20% ownership) are Class 2A Venture Series. Duties are limited to sales, supervision and providing services. Skilled specialized workers who do not qualify for 3A. Most “white collar” workers (office, clerical or light sales work) no manual duties. Specific professions listed in the schedule and select business executives / white collar employees (with limited sales duties) who qualify. Check the overview below to find out more. Don’t worry! If your occupation class is not covered, you still can qualify either for disability insurance products from other providers or for simplified issue disability insurance or guaranteed issue disability insurance products. An overview below shows what insurance classes this particular insurance product covers. Some jobs are more dangerous than others, so insurers divide all possible occupations into insurance classes and often insure just a subset of them. When selling disability insurance products, insurance companies look very carefully at your job and the likelihood of you being injured while doing your job.

#RBC HOME PROTECTOR INSURANCE PREMIUM PROFESSIONAL#

Who is covered by RBC Insurance Disability Insurance – Professional series:

#RBC HOME PROTECTOR INSURANCE PREMIUM SERIES#

We have put together useful information about RBC Insurance Disability Insurance, Professional Series based on existing policies (note that this data can change without notice).Ĭontact us to get access to the most updated disability insurance information. In some cases, you might be able to perform a part of your duties – in this case you may qualify for either residual disability or partial disability benefits. Similar to other disability insurance products, RBC Insurance Disability Insurance, Professional Series, provides insurance coverage in the form of regular monthly payments, should you become disabled and not be able to perform your job duties either temporarily or permanently. RBC Insurance Disability Insurance – Professional Series: How does it work:

Rbc home protector insurance premium