Credit Protection Selector

Help protect your family and your achievements against life’s what-ifs.

Take a few minutes to see the type of insurance coverage that’s recommended for your mortgage, personal loan or line of credit with RBC Royal Bank®.

Required information

Which RBC lending product do you have (or plan to get)?

Tell us about your RBC Mortgage.

Required information

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Tell us a bit about your finances:

Required information

Do you work at least 20 hours a week? Please select an option.
Please enter your monthly income.
Please enter your uninsured debt.
Please enter your monthly expenses.
What insurance coverage do you have today? (Select all that apply) Please select an option.
Please enter how much life insurance you have.
Please enter the monthly benefit for your private disability insurance.
Please enter the % of your income that is covered by an employer disability plan.
Please enter how much critical illness insurance you have.
Would your business be impacted if another business owner, or a key employee* were unable to work for a period of time? Please select an option.

* If the business is domiciled in Quebec, only an owner of the business or a guarantor of the business loan is eligible to apply.

Based on what you’ve told us, you might consider:

Business Loan Insurance Plan - Life Coverage Only

Your [product]:

Current Balance:

Monthly Payment:

How This Coverage Protects You

  • Life Insurance

Pays off or reduces your outstanding business [product] balance (up to $1,000,000) if you or an insured person passes away. 

  • Up to 25 business owners, guarantors or key employee(s)2 can be insured for life coverage.
  • Also includes up to $50,000 in accidental dismemberment insurance at no additional cost.

Based on what you’ve told us, you might consider:

Business Loan Insurance Plan - Life and Critical Illness Coverage

Your [product]:

Current Balance:

Monthly Payment:

How This Coverage Protects You

  • Life Insurance

Pays off or reduces your outstanding business [product] balance (up to $1,000,000) if you or an insured person passes away. 

  • Up to 25 business owners, guarantors or key employee(s)2 can be insured for life coverage.
  • Also includes up to $50,000 in accidental dismemberment insurance at no additional cost.
  • Critical Illness Insurance

Pays off or reduces your outstanding business [product] balance (up to $500,000) if you or an insured person are diagnosed with cancer, heart attack or stroke.

  • Up to 25 business owners, guarantors or key employee(s)2 can be insured for critical illness coverage.
  • Not available to borrowers or key employee(s)2 over age 59.

Based on what you’ve told us, you might consider:

Business Loan Insurance Plan - Life and Disability Coverage

Your [product]:

Current Balance:

Monthly Payment:

How This Coverage Protects You

  • Life Insurance

Pays off or reduces your outstanding business [product] balance (up to $1,000,000) if you or an insured person passes away. 

  • Up to 25 business owners, guarantors or key employee(s)2 can be insured for life coverage.
  • Also includes up to $50,000 in accidental dismemberment insurance at no additional cost.
  • Disability Insurance

Covers your business [product] payment(s) (up to $7,000 per month for up to 24 months) if you or an insured person can’t work due to an illness or injury.

  • Up to 3 business owners can be insured for disability coverage.
  • There is a lifetime maximum of 48 months of disability benefits per insured person.

Based on what you’ve told us, you might consider:

Life Insurance

Rates are based on age and begin at:

[value]/month

Your [product]:

Current Balance:

Monthly Payment:

How This Coverage Protects You

  • Life Insurance

Pays off or reduces your outstanding [product] balance (up to $500,000) if you or an insured co-borrower passes away.

Based on what you’ve told us, you might consider:

Life and Critical Illness Insurance

Rates are based on age and begin at:

[value]/month

Your [product]:

Current Balance:

Monthly Payment:

How This Coverage Protects You

  • Life Insurance

Pays off or reduces your outstanding [product] balance (up to $500,000) if you or an insured co-borrower passes away.

  • Critical Illness Insurance

Pays off or reduces your insured outstanding [product] balance (up to $300,000) if you or an insured co-borrower are diagnosed with cancer (life-threatening), heart attack or stroke.

Based on what you’ve told us, you might consider:

Life and Disability Insurance

Rates are based on age and begin at:

[value]/month

Your [product]:

Current Balance:

Monthly Payment:

How This Coverage Protects You

  • Life Insurance

Pays off or reduces your outstanding [product] balance (up to $500,000) if you or an insured co-borrower passes away.

  • Disability Insurance

Covers your [product] payment(s) (up to $3,000 per month for a maximum of 24 months) if you or an insured co-borrower become disabled due to an injury or illness and can’t work.

About Your Current Business Insurance Coverage

Here’s what you said about your existing coverage:

Life Insurance: 0

Monthly Disability Benefit: 0

Critical Illness Insurance: 0

Would your business be impacted if another business owner, or a key employee2 were unable to work for a period of time?:

Additional Coverage Options

How This Coverage Protects You

Customize Quote Now

Call 1-800-769-2523 to apply or get a quote for more than 1 person

View Terms & Conditions
  • Life Insurance

Pays off or reduces your outstanding business [product] balance (up to $1,000,000) if you or an insured person passes away. 

  • Up to 25 business owners, guarantors or key employee(s)2 can be insured for life coverage.
  • Also includes up to $50,000 in accidental dismemberment insurance at no additional cost.

How This Coverage Protects You

Customize Quote Now

Call 1-800-769-2523 to apply or get a quote for more than 1 person

View Terms & Conditions
  • Life Insurance

Pays off or reduces your outstanding business [product] balance (up to $1,000,000) if you or an insured person passes away. 

  • Up to 25 business owners, guarantors or key employee(s)2 can be insured for life coverage.
  • Also includes up to $50,000 in accidental dismemberment insurance at no additional cost.
  • Critical Illness Insurance

Pays off or reduces your outstanding business [product] balance (up to $500,000) if you or an insured person are diagnosed with cancer, heart attack or stroke

  • Up to 25 business owners, guarantors or key employee(s)2 can be insured for critical illness coverage.
  • Not available to borrowers or key employee(s)2 over age 59.

How This Coverage Protects You

Customize Quote Now

Call 1-800-769-2523 to apply or get a quote for more than 1 person

View Terms & Conditions
  • Life Insurance

Pays off or reduces your outstanding business [product] balance (up to $1,000,000) if you or an insured person passes away. 

  • Up to 25 business owners, guarantors or key employee(s)2 can be insured for life coverage.
  • Also includes up to $50,000 in accidental dismemberment insurance at no additional cost.
  • Disability Insurance

Covers your business [product] payment(s) (up to $7,000 per month for up to 24 months) if you or an insured person can’t work due to an illness or injury.

  • Up to 3 business owners can be insured for disability coverage.
  • There is a lifetime maximum of 48 months of disability benefits per insured person.

Why Consider this Coverage

Here’s what you said about your finances and why you might want to consider [insurance product]:

Additional Coverage Options

Your [product]:

Current Balance:

Monthly Payment:

How This Coverage Protects You

Rates are based on age and begin at:

[value]/month

  • Life Insurance

Pays off or reduces your outstanding [product] balance (up to $500,000) if you or an insured co-borrower passes away.

Your [product]:

Current Balance:

Monthly Payment:

How This Coverage Protects You

Rates are based on age and begin at:

[value]/month

  • Life Insurance

Pays off or reduces your outstanding [product] balance (up to $500,000) if you or an insured co-borrower passes away.

  • Critical Illness Insurance

Pays off or reduces your insured outstanding [product] balance (up to $300,000) if you or an insured co-borrower are diagnosed with cancer (life-threatening), heart attack or stroke.

Your [product]:

Current Balance:

Monthly Payment:

How This Coverage Protects You

Rates are based on age and begin at:

[value]/month

  • Life Insurance

Pays off or reduces your outstanding [product] balance (up to $500,000) if you or an insured co-borrower passes away.

  • Disability Insurance

Covers your [product] payment(s) (up to $3,000 per month for a maximum of 24 months) if you or an insured co-borrower become disabled due to an injury or illness and can’t work.

We’re Here to Help

Customize your quote or apply
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