Now there's affordable protection to cover an outstanding balance on your RBC Royal Bank Visa* card. You can rest assured that your payments will be taken care of with BalanceProtector insurance coverage**.

Benefits

Job loss protection**
If you're a primary cardholder under 65 years of age and you become involuntarily unemployed, BalanceProtector insurance will make monthly Visa payments based on your balance at that time until you're working again, or until your balance is reduced to zero (up to maximum of $15,000 or 20 months).

Disability protection**
If you're a primary cardholder under 65 years of age and you become temporarily disabled as a direct result of an illness or accident, BalanceProtector insurance will make monthly Visa payments based on your qualifying balance at that time (up to a maximum of $15,000 or 20 months) as long as you're disabled. Disability benefits will commence after a set period of uninterrupted total disability, and thereafter you must remain under the care of an approved doctor.

Loss of life protection**
If you're a primary or spousal cardholder under 65 years of age and were to lose your life, BalanceProtector insurance will ease the financial burden on the rest of your family by paying the qualifying balance on your Visa account to a maximum of $15,000.

Accidental death protection**
If you're a primary or spousal cardholder over 65 years of age and were to lose your life as a direct result of an accident, your outstanding qualifying Visa balance (up to $15,000) will be paid in full by BalanceProtector insurance.

Dismemberment protection**
If you're a primary or spousal cardholder and were to lose the sight in both eyes or lose a limb as a direct result of an accident, BalanceProtector insurance will pay the outstanding qualifying balance on your Visa at that point in time (up to a maximum of $15,000).

Strike protection**
If you're a primary cardholder under 65 years of age and you become unemployed due to a strike or lockout, BalanceProtector insurance will make monthly Visa payments based on your outstanding balance at that time, until you resume working or your balance is reduced to zero (up to a maximum of $15,000 or 20 months).

Critical illness protection**
If you're a primary or spousal cardholder under 65 years of age and were to be diagnosed with certain critical illnesses (Cancer, Heart Attack or Stroke), Balance Protector insurance would pay in full the balance owing on your Visa account at the time of diagnosis (up to a maximum of $15,000).

Eligibility

To be eligible to enroll for BalanceProtector coverage you must be at least 18 years of age and have entered into an RBC Royal Bank Visa Cardholder Agreement.

Coverage / Commencement / Termination

Your BalanceProtector coverage will commence on the date that appears on your confirmation letter which will be sent with your Certificate of Insurance. Please read and retain your Certificate of Insurance as it is an important document, and it contains the Exclusions and Limitations of your coverage. Your coverage will cease upon request, or if your account fails to remain in good standing with the bank or if the group policy is terminated.

Premiums

Premium for BalanceProtector coverage is 89 cents on each $100 of average daily balance calculated at Visa statement date and is conveniently charged to your RBC Royal Bank Visa Card. (plus provincial sales tax if applicable).

^® Registered trademark of Royal Bank of Canada.

* Registered trademark of Visa International Service Association. Used under license.

** BalanceProtector insurance is creditor's group insurance underwritten by Assurant Solutions and provided to eligible RBC Royal Bank Visa cardholders. Assurant Solutions is the trade name of the Canadian Branches of American Bankers Life Assurance Company of Florida and American Bankers Insurance Company of Florida. All benefits described herein are subject to exclusions and limitations. Please refer to your certificate of insurance for the details of your coverage and for information regarding privacy and confidentiality of personal information.