No benefit is paid for Job Loss if the claimant became unemployed within 30 days of the effective date of coverage or unemployment is the direct/indirect result of resignation, retirement from employment, or dismissal for cause.If a Strike or Lockout lasts for less than 30 consecutive days, the related benefit is not payable.If you are self-employed, the Job Loss benefit will only be paid if you are unemployed for 90 consecutive days from a business that has been registered for a minimum of 12 consecutive months prior to the date of Job Loss.For those enrolled in post-secondary education, the number of employment hours required each week is 10 hours. Critical illness insurance benefit payable: 80 of 125,000 100,000. RBC - Interconnected supply chains-cover-150x212. Borrower is diagnosed with a covered critical illness and mortgage balance remaining is: 125,000. This booklet contains the OECD Council Recommendation, the text of the Guidance, the 3Ts Supplement and. To be eligible for Job Loss or Disability benefits you must be employed at least 90 consecutive days for at least 20 hours each week immediately prior to the date of Disability or Job Loss. Percentage of mortgage balance covered: 300,000 375,000 80.No benefit is paid if a death, Critical Illness, Hospitalization or Disability occurs within 12 months of the effective date of coverage due to a pre-existing condition.Some key conditions, exclusions, limitations and waiting periods apply.
#Rbc home protector booklet full
After you enrol, you will receive a Certificate of Insurance that provides full details of your coverage, including all limitations and exclusions.
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