RBC Insurance Reviews


RBC Insurance is the insurance arm of Canada’s largest bank, Royal Bank of Canada. The company offers a wide range of life, health, home, auto, travel, and wealth insurance.

RBC also offers a variety of discounts to its customers, including no-claims, experienced drivers, and retired. This can help lower your car insurance costs significantly.

Life Insurance

Rbc Insurance offers a variety of life, health, home, auto, travel, wealth, and reinsurance advice and solutions to individual, business, and group clients. It also provides creditor and business insurance services.

You can choose from a wide range of policies, including guaranteed protection, term insurance, and permanent life insurance (also known as whole life). Guaranteed security is designed for Canadians between the ages of 40 and 75 looking for lifetime coverage with no medical exam required and a simple online application process.

Term life is designed for people looking for a fixed period of insurance and a guaranteed monthly premium for the duration of the policy. It can be purchased in 10 – 40 year term lengths and is available to all Canadian residents.

Rbc also offers a simplified issue life policy for those who need $1 million of term life coverage without having to undergo typical medical exams. This coverage can benefit specific individuals, such as those chronically ill or in a dangerous environment.

Home Insurance

RBC Insurance is one of Canada’s largest insurers and offers various insurance products, including home and auto insurance. It’s also a big player in the travel insurance space.

Its Home Insurance product is available to free-hold homeowners, condo owners, and tenants who rent their properties. The product covers damages to the home and belongings, living expenses while your property is being repaired, and liability claims for accidental damage or injury to others.

The product also boasts several other features, such as a home protection rider and dismemberment insurance. However, it’s overall rating on insurance review sites like InsurEYE, and Google Reviews isn’t impressive.

Auto Insurance

Rbc Insurance Reviews offers a range of car insurance policies to suit different needs. They offer comprehensive, collision, and other types of coverage.

The company also offers discounts, including a no-claims discount and an experienced driver discount. These discounts help to lower your premium.

In addition, Rbc offers a lifetime guarantee on any repairs that are made to your car. This ensures that you get the best quality work from a preferred vendor.

Overall, Rbc is a top-rated insurer in terms of price and customer service. However, it falls short in other areas.

The Royal Bank of Canada (RBC) is a large corporation with headquarters in Toronto and Montreal. It provides banking and financial services for individuals, businesses, and governments worldwide.

Business Insurance

Rbc Insurance offers many of the same services you would expect from a major financial institution. This includes home, auto, and life insurance.

It also provides various group benefit programs for businesses to help manage employee healthcare costs and attract and retain top talent.

They also offer a comprehensive travel insurance package. It includes options for emergency medical, baggage, trip cancellation and interruption, and accidents, among other things.

The company has a solid track record in customer service, earning four stars from J.D. Power’s Canada study for Ontario and a B- rating from the Better Business Bureau. However, its assessment scores on Google Reviews and Insureye are 1.6 and 1.7 stars, respectively — not quite the best of the lot.