What is HomeProtector?
HomeProtector Life and Disability Insurance provides you with a secure financial safety net for your mortgage precisely when you and your family need it most.
- pays off your outstanding insured RBC Royal Bank mortgage(s) in the event of death (up to $500,000)
- pays your regular mortgage payment(s) in the event of a disability (up to $3,000 per month for a maximum of 24 months)
- preserves your personal insurance
- safeguards your savings for what they were intended
Both life and disability benefits are non-taxable and benefits do not have to be coordinated with other insurance plans.
Disclaimer:
The content of these pages is provided for informational purposes only and is not complete in detail. Coverage is governed by the terms and conditions of two group creditor policies, #G60100 for life insurance and #H60101 for disability insurance issued to Royal Bank of Canada by The Canada Life Assurance Company.
Underwritten by The Canada Life Assurance Company.
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