RBC Life Insurance Company of Canada

Review

Description

RBC Life Insurance, the largest Canadian bank-owned insurance organization, provides a wide range of life, health, and travel insurance

Comments

RBC Insurance offers a wide range of life, health, home, auto, travel, wealth and reinsurance advice and solutions

Overall: 4.4/5
Product/Flexibility: 4.3/5
Coverage + Specialization: 4.4/5
Claims Service: 4.6/5
Price: 4.7/5

RBC Insurance, the largest Canadian bank-owned insurance organization, provides a wide range of life, health, travel, home and auto and reinsurance products as well as creditor and business insurance services to more than five million clients in Canada, the U.S. and internationally. These products and services are offered through a wide variety of distribution channels, including the telephone, retail insurance branches, independent brokers, travel agents, a proprietary sales force and the Internet.

RBC Insurance is part of a commercial bank that had its beginning as the Merchants Bank in 1846 in Halifax. The Merchants Bank financed the fishing and timber industries at this time, and it was also involved in European and Caribbean export businesses that brought necessary products to Canada. The Merchants Bank became the Merchants’ Bank of Halifax as it expanded operations into Nova Scotia, Prince Edward Island, New Brunswick and Bermuda.