Whole life insurance offers guaranteed, reliable coverage to last your entire lifetime. Ideal for personal and business needs, it provides permanent protection you can count on and guaranteed cash values that grow over time.
Key advantages of permanent insurance over term insurance
- Permanent insurance costs are usually guaranteed when you first purchase the policy.
- Some permanent insurance plans allow you to pay for a limited number of years, then never again. Imagine …you could buy insurance when you’re 40, finish paying the premiums when you’re 50, and be fully covered for the rest of your life. In contrast, term insurance is virtually always “pay as you go” and you’ll be paying premiums while you have the coverage.
- Permanent life insurance premiums can be guaranteed level for life (they don’t increase as you age, even if your health changes), or they can vary depending on the permanent insurance plan you choose.
Learn more about permanent life insurance
Learn more about life insurance
Protecting your family has never been easier. With RBC Simplified Term Life Insurance, you can help secure your family’s financial future with affordable coverage that’s easy to buy. Features and benefits of RBC Simplified Term Life Insurance: Apply for a coverage amount under $500,000 (starting at $10,000). Choose coverage for a 10- or 20-year term(1). […]
Synergy offers one-of-a-kind insurance coverage, combining three policies in one affordable and easy-to-manage package. Synergy’s unique design provides protection against life’s everyday risks: disability, critical illness and early death. Suitable for your personal and business needs, Synergy allows you to protect your family against the financial impact of the unpredictable, everyday risks we all face. […]