RBC Insurance is a subsidiary of Royal Bank of Canada Financial Group, which insures and manages the wealth of over 5 million North Americans. RBC’s reputation is one of the best in the industry, as was evidenced when a KPMG survey recently named them the “most respected corporation in Canada.”
In the United States, RBC issues insurance through Liberty Life Insurance Company and Businessmen’s Assurance Company of American, both of which are based in Greenville, South Carolina. Established at the turn of the century, Liberty Life and BMA are venerated names in the Southeast, and today they bring life insurance to the four corners of the nation through a variety of channels that includes both direct marketing and field agents. This extensive sales network proved its worth in 2004, when A.M. Best ranked Liberty Life and BMA 77th in total life insurance issued.
RBC-Liberty Life Insurance Plans
Term Life Insurance: Provides coverage for specific needs at a lower-than-expected cost; can be converted to a permanent plan
Level Term
Decreasing Term
Millennium 99
Whole Life Insurance: Provides a level death benefit and level premium payments; allows the policyholder to accumalte cash value
Family Protection
Universal Life Insurance: Provides permanent coverage with flexible premium payment amounts and death benefit coverage; allows the policyholder to accumulate cash value at a competitive interest rate
Variable Life Insurance: Offers all the benefits of universal life insurance, plus more policyholder control; allows adjustment of death benefits and gives the policyholder choice in how premium dollars are invested
* My-Life-Insured.com makes no representation, express or implied, that you will receive a quote from the company or companies profiled on this page. My-Life-Insured.com provides free information concerning companies, insurance products and services but is not an agency or an insurer. Not all products are available in all states, and no guarantees regarding same are made herein. Please speak to a licensed insurance agent for more information. Read more about us.
Key Fact:
Less than half (47%) of U.S. households own individual life insurance. Don't be one of them. Safeguard your assets and protect your loved ones by finding a life insurance policy that fits your needs.
