Disability Insurance from RBC Insurance

Disability Insurance from RBC Insurance

RBC Insurance has four Disability Insurance Plans

1. Professional Series policy provides a long-term individual disability income protection to fee-for-service /non-salaried professionals, consultants as well as other high income professionals and executives who work in corporate business settings. With Professional Series’ extensive benefit options, you can closely match policy coverage to  your particular needs…Know more about Disability Insurance.

 2. Quantum Series takes a different approach to providing long-term individual disability income protection to fee-for-service professionals and consultants as well as other high income professionals and executives who work in corporate business settings.  Quantum policy is a guaranteed renewable policy until age 65, with a loss of earnings definition of disability, integration of benefits and a focus on rehabilitation. Learn more about the Quantum Series and get quotes to help.

3. Foundation Series policy offers comprehensive long-term total individual disability income protection with a wide selection of optional benefits (e.g. long-term and short term partial disability benefits, FIO, COLA).  The selection of benefits is suitable for a wide variety of people such as business owners, employees, blue-collar workers, farmers and the middle income market.  The Foundation Series is non-cancellable to age 65. Build a strong foundation of living benefits…know more.

4. Bridge Series policy closes the gap between traditional disability insurance products, such as The Foundation Series™ policy, and non-traditional products, such as The Edge* product. It offers comprehensive long-term total disability protection priced by occupational class and with a wide selection of optional benefits (e.g. long-term and short-term partial disability benefits, FIO, COLA). Bridge Series policy is guaranteed renewable until age sixty-five. Build a bridge of financial security by contacting us.

 

Different Definitions of Disability    

Unlike Life Insurance which is quite straightforward, Disability Insurance can be a little more complicated and technical. One of the things important to understand in a Disability Insurance policy the definition of Disability. There are three most common definitions of total disability used in injury and illness insurance contracts are….             

 

Disability Insurance : Its importance and significance

  • For someone under 65, there is 60% more likelihood to become disabled than to die without any ailment.
  • The second leading cause of bankruptcy in Canada, behind over extension of credit, is a disability of some kind. An injury or an illness leads to a disability which generally creates an inability to work in your regular occupation. This could lead to serious financial problems like a reduction in income, liquidation of assets and further bankruptcies…..

 

Leave a Comment

Your email address will not be published. Required fields are marked *