The Edge Disability Insurance

You are on: Benefits

If you’re self-employed or don’t have group disability coverage, The Edge Disability plan provides disability income protection by calculating your benefits based on your gross revenue or earned income—whichever is better for you. It also offers a more beneficial definition of disability compared with other simplified disability insurance plans on the market.

The plan offers the following key benefits:

• Guaranteed-to-issue injury coverage: This means that we cannot decline you for injury-only coverage based on your health. In addition, your policy is usually delivered within a week.
• Illness coverage: You can complete a simple application to apply for illness coverage.
• Total disability benefit: You will receive a monthly benefit if illness or injury⁽¹⁾ completely prevents you from working⁽²⁾. (See What's Covered for details.)
• Partial disability benefit: You will receive a specified monthly benefit if illness or injury⁽¹⁾ prevents you from working full-time⁽²⁾. (See What's Covered for details.)
• Guaranteed renewable to age 70: We cannot cancel the policy without your consent, up until you turn age 70. Premiums may be subject to change; however, we cannot change your premiums unless we do so for an entire group of policyholders sharing similar characteristics.
• Return to work assistance benefit: This benefit pays for services such as rehabilitation, work-site modifications and more to help you get back to your job.
• Accident Medical benefit: Receive a benefit to help cover certain medical expenses not covered by government health insurance plans.
• Your choice of benefit periods: You decide the maximum period during which benefits may be paid to you: five years or to age 70.
• Portability: You can keep your policy even if you change jobs.

You may also choose from a range of optional benefits.

The information above is intended as a summary only. Your policy will contain complete details on terms and conditions, including benefits and exclusions.

For more information:

• Compare Disability Insurance Plans
• Disability Income Protection Insurance FAQs

You are on: Optional Benefits

Optional Coverage for Even More Protection

With The Edge Disability plan, you can add this optional coverage:

• Illness coverage: You may apply for illness benefits in an amount up to your equivalent injury monthly benefit.
• Business Overhead Expense (BOE) benefit: This option reimburses you for fixed and contractual business expenses in case of disability. For long-haul truckers, it includes the cost of a replacement driver.
• Out-of-Province/Canada Travel Medical Emergency coverage⁽³⁾: This benefit provides up to $5,000,000 of coverage for reasonable and customary medical expenses as part of the emergency treatment arising from a medical condition you incur outside your home province or Canada.

The information above is intended as a summary only. Your policy will contain complete details on rider and optional coverage terms and conditions, including benefits and exclusions.

You are on: Eligibility

Eligibility Requirements

You are eligible to apply for The Edge Disability plan if you:

• Are between the ages of 18 and 64, and
• Are a Canadian citizen or permanent resident/landed immigrant and are not planning to relocate out of Canada in the next 24 months

Injury-only coverage is available on a guaranteed-to-issue basis, which means we cannot decline you for injury-only coverage based on your health. You can also complete a simple application to apply for illness coverage.

The Edge Disability plan is typically ideal for:

• Self-employed individuals
• Contract workers and subcontractors
• Truck drivers (owner-operators)
• Part-time or seasonal workers
• Trades people (plumbers, electricians, etc.)
• Individuals without group disability plan coverage

You are on: What's Covered

Coverage Details

With The Edge Disability plan, disability income protection and return to work benefits are payable under the following conditions:

Income Protection Benefits

Accident Medical Benefits

Return to Work Assistance Benefits

Elimination Period

Summary of Exclusions*

You are on: Premiums

About Your Premiums

The premiums you pay will depend on your age, gender, smoking habits, occupation and options that you choose (for example, the amount of benefit purchased, the elimination period and maximum benefits period you select), and other underwriting guidelines.

As long as you pay your premiums as required, RBC Insurance cannot cancel your policy. While we do reserve the right to increase premiums, we cannot change your premiums unless we do so for an entire group of policyholders sharing similar characteristics.

Pay no premiums while you’re collecting benefits

Your disability income protection insurance includes a Waiver of Premium benefit. This means that after 30 days of becoming disabled, you pay no premiums at all while you’re disabled.