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LoanProtector® Insurance Quote

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1 Loan DetailsEdit

 
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$
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New or Exsiting Loan
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%
(For example: 6.50 or 6.00)
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(months)
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2 Borrower Details Edit

 
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WarningNote:

Critical illness insurance is not available for borrowers over age 55.

 
 
WarningNote:

Critical illness insurance is not available for co-borrowers over age 55.

 
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3 Your LoanProtector Insurance Quote Edit Save as PDF  Print

 
 

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If you have a personal loan or line of credit with us, your application for coverage may be automatically approved and it only takes a few minutes to apply.

 

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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 group’s creditor policies, #G28444 for life insurance, #H28544 for critical illness insurance and #H28445 for disability insurance issued to Royal Bank of Canada by The Canada Life Assurance Company. Please see the LoanProtector Certificate of Insurance (opens PDF in new window) or for Quebec residents the distribution guide (opens PDF in new window) for complete terms and conditions, including benefits and exclusions.

Underwritten by The Canada Life Assurance Company.


 

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What does LoanProtector Insurance cover?

  • Life Insurance:
    pays off or reduces your outstanding balance in the event of death (up to $500,000)
  • Disability Insurance:
    pays your regular payment(s) in the event of a disability (up to $3,000 per month for a maximum of 24 months)
  • Critical Illness Insurance:
    pays off or reduces your outstanding balance if you are diagnosed with a covered illness (up to $300,000)
 

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