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Now paying override on term exchanges and waiving our policy fee
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RBC Insurance

 

Now paying override on term exchanges and waiving our policy fee

 

 


Based on your feedback from our recent Term Life portfolio survey, we're introducing the first of many changes to boost your sales and save your clients money with RBC Insurance®.

We are now offering:

Override on Term 10 to Term 20 exchanges

$40 policy fee waived on Term 10 and Term 20 for coverage amounts from $250,000 to $25MM for the life of the policy, plus

Expert sales advice and support on our life portfolio from your existing RBC Insurance Sales Consultant


In addition to these immediate savings and changes remember RBC Insurance Term 10 and Term 20 provides you and your clients with:

For You

For your clients

Competitive rates* to help you boost your sales

Term 10 ranks #1

Term 20 ranks #1

Conversion to RBC Universal Life™ and Term 100

Ability to earn more with Term/CI bundle

Industry leading commission rates:

First Year Commission

Term 10 - 45%, one of the highest in the industry for new business

Term 20 - 50%

Term 10 to Term 20 exchange 25% - New! Now with override.

Renewals

Years 2 to 5 - 5%

Years 6+ - 2%

Competitive and affordable premiums

Conversion to age 71 on base plans and riders

Ability to expand base coverage through optional term riders including Term 10 and Term 20 with survivorship option

Term 10 to Term 20 exchange option

Term/CI bundle featuring policy fee waiver on term insurance

 

*LifeGuide standings applicable to face amounts $250,000 and $500,000 for Term 10: Ages 35 to 55, Term 20: ages 35 to 50 while RBC Term policy fee is waived and when compared to main competitors.  As of May 11, 2015.


We are committed to earning the right to be your client's first choice for term insurance - look forward to more exciting things to come!

For more information, please contact your

RBC Insurance Sales Consultant at 1-866-235-4332 or;

Visit the RBC Insurance Sales Resource Centre

 

 

 

 

 

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