Life
RBC offers multiple permanent life insurance policies. What are they (industry terms)?
1. Participating Whole Life
2. Universal Life
3. Term to 100
4. Guaranteed Acceptance/No Medical
What is "noncan" short for?
Noncancellable and guaranteed renewable
What does "MER" stand for?
Management Expense Ratio
Rounded to the nearest 25% interval (25%, 50%, 75% or 100%), what percent of Canadians live paycheque to paycheque?
50%
Where was Jesus born?
Bethlehem
Up until what age must all RBC term policies end (not including renewal rates)?
85
What is the maximum benefit available for "B" occupation class applicants with RBC Professional and Foundation Series?
$4000/month
When you transfer funds out of a pension and into an account with an advisor, what is the account called?
LIRA (Locked-In Retirement Account)
According to Professor Brad, what is the best argument when it comes to clients?
Everyone is doing it.
Who played "George Bailey" in the Christmas classic "It's a Wonderful Life?"
What does "DSIR" stand for?
Dividend Scale Interest Rate
For non-cancellable disability insurance, there are two potential group offset amendments. What are they?
A670 and A707
Which two RBC Insurance products have no benefit end date?
Annuities and Long-Term Care
What is the Bank of Canada's current overnight lending rate?
3.25%
How many ghosts show up in A Christmas Carol?
Four
Up until what age may you convert an RBC term policy?
It depends on the policy
Is the "own occupation" rider more expensive for a surgeon or a dentist through RBC Professional Series Disability?
Own occupation is not available for dentists.
What is the maximum TFSA contribution in 2025?
$7000
At what age does your RRSP need to be transferred into a RRIF?
71
In Home Alone, where are the McCallisters going on vacation when they leave Kevin behind?
Paris
What is the name of the tax provision that allows business owners to reduce their taxable capital gains when selling or disposing of shares in a corporation?
What is the maximum non-taxable disability benefit through RBC Professional Series?
$35,000
When we compare RRSP to TFSA, you will always get more money out of your TFSA unless you do this one thing?
Reinvest the associated refund from your tax-return
Solely including the portfolio of products that you have access to for new applications, which RBC Insurance policy is the rarest?
Key Person Protector
In which modern-day country was St. Nicholas born?
Turkiye (originally Patara, a city in the ancient district of Lycia, in Asia Minor)