June 20, 2012

RBC will exit the market on many insurance products

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

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