I’ve been telling people there will NEVER be a better time to buy critical illness insurance, life insurance and other living benefits. Just last week Manulife raised premiums on Critical Illness insurance by as much as 30%.
Now comes RBC Insurance announcing major changes: they have decided to exit the market on many great products - see this article in the Financial Post " RBC latest to pare insurance products"
Insurance premiums are heading in one direction: UP
Anyone considering insurance should act now - while they are healthy and before additional rate increases