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Benefits of Hospital Insurance

Payments

Tax-Free Benefit

Use the tax-free cash benefit any way you wish—for example, for a private or semi-private room, in-home care, daycare for your kids and more.

Help

Help to Fill Coverage Gap

Government and employer health plans may pay for only some costs associated with being hospitalized—and less (if any) of your recovery costs.

Group

Easy to Qualify

Acceptance is guaranteed if you are a customer of any RBC company, between age 18-69 and a Canadian resident. No medical exam is required.

Types of Hospital Insurance

Affordable coverage in case you're hospitalized in Canada due to an accident

The Royal RecoverAssist® Basic Coverage plan provides a tax-free benefit that you can use any way you wish.1 Plus, your first month of coverage is on us!2

Ideal if You

  • Want to fill the gap left by your government or employer-sponsored health plan
  • Want coverage for accidents only (and not sickness)

Highlights

  • Tax-Free Benefit: Choice of $100, $150 or $200 per day of hospitalization due to an accident
  • Flexible: Use benefit for anything you want—hospitalization costs, medications, in-home care, transportation, childcare and more
  • Lump-Sum Payment: Additional tax-free lump-sum payment equal to the total value of your daily benefits during hospitalization
  • Spousal Coverage: Option to enrol your spouse/common-law partner

Who Can Enrol?

Your acceptance is guaranteed if you are:

  • A customer of any RBC® company
  • Ages 18-69
  • A Canadian resident

You may enrol your spouse/partner if he or she is between age 18 and 74. (You must have been living with your partner for at least one year.)

What's Covered?

Provides a tax-free daily benefit to you or your spouse for hospitalization resulting from an accident. You would also receive a lump-sum payment equal to the total value of your daily benefits during hospitalization.

For example, if you are hospitalized for five full days, you could receive up to $200 per day, plus a lump-sum payment of $1,000. Your total payment would be $2,000, tax-free.

  • Maximum length of coverage: 365 days per condition
  • Maximum possible benefit amount: $146,000

3

Basic Coverage does not provide a tax-free benefit for hospitalization due directly or indirectly to any of the following:

  • Suicide
  • War
  • Intoxication
  • Drugs/poison (voluntary ingestion)
  • Committing or attempting to commit a criminal offence
  • High-risk activities (scuba diving, skydiving, parachuting, rock or mountain climbing)
  • Cosmetic surgery (unless it is due to an accidental injury)
  • A daily benefit will also not be paid for hospitalization in a hospital outside of Canada or for hospital stays for the primary purpose of receiving rehabilitation or palliative care.

Basic Coverage also does not provide a tax-free benefit for hospitalization due to sickness. (Enhanced Coverage provides a tax-free benefit for hospitalization due to sickness or accident.)

About Your Premiums

Your payments will not increase with age, however it is possible for group rates to change in the future.

Affordable coverage in case you're hospitalized in Canada due to an accident or sickness

The Royal RecoverAssist® Enhanced Coverage plan provides a tax-free benefit that you can use any way you wish.5 Plus, your first month of coverage is on us!3

Ideal if You

  • Want to fill the gap left by your government or employer-sponsored health plan
  • Want coverage for accidents and sickness

Highlights

  • Tax-Free Benefit: Up to $200 per full day of hospitalization due to an accident or sickness (benefit amount depends on your age and whether you smoke)
  • Flexible: Use benefit for anything you want—hospitalization costs, medications, in-home care, transportation, childcare and more
  • Spousal Coverage: Option to enrol your spouse/common-law partner

Who Can Enrol?

Your acceptance is guaranteed if you are:

  • A customer of any RBC® company
  • Ages 18-69
  • A Canadian resident

You may enrol your spouse/partner if he or she is between age 18 and 74. (You must have been living with your partner for at least one year.)

What's Covered?

Provides a tax-free daily benefit to you or your spouse for hospitalization resulting from an accident or sickness.

  • Maximum length of coverage: 365 days per condition
  • Maximum possible benefit amount: $73,000

There is an elimination period of 3 full days before benefits are paid if you are hospitalized as a result of sickness. This means that if you are hospitalized as a result of sickness for 3 days or less, no benefit will be paid.

4

Enhanced Coverage does not provide a tax-free benefit for hospitalization due directly or indirectly to any of the following:

  • Suicide
  • War
  • Intoxication
  • Drugs/poison (voluntary ingestion)
  • Committing or attempting to commit a criminal offence
  • High-risk activities (scuba diving, skydiving, parachuting, rock or mountain climbing)
  • Cosmetic surgery (unless it is due to an accidental injury)
  • Pre-Existing Condition or Sickness – a condition or sickness for which the insured person visited or consulted a doctor, had signs or symptoms, had tests done or received treatment during the 12 months immediately preceding the effective date of coverage or at any time when this coverage was not in force because it had lapsed. Any pre-existing condition or sickness will be covered after this coverage has been in force continuously for two years immediately prior to the date of hospitalization. If you increase your coverage amount, a new Pre-Existing Condition or Sickness exclusion will apply on the amount of the increase and begin on the effective date of the increase in coverage.
  • A daily benefit will also not be paid for hospitalization in a hospital outside of Canada or for hospital stays for the primary purpose of receiving rehabilitation or palliative care.

About Your Premiums

Your payments will not increase with age. With Enhanced Coverage, your rates and benefits are based on your age at the time you enrol, so you’ll get the best premium when you’re in a younger age range.

The information above is intended as a summary only. Please see a sample Certificate of Insurance for complete details on terms and conditions, including benefits and exclusions.

Hospital Insurance FAQs

Find answers to your questions about our hospital insurance plans.

This plan is not available through RBC Royal Bank branches.

There are no medical questions or exams to take. If you are eligible to enrol, you're guaranteed to be accepted.

  Basic Coverage Enhanced Coverage
Coverage for Hospitalization for accidents only Hospitalization for accidents or sickness
Daily benefit* Up to $200 per day Up to $200 per day
Lump-sum benefit Yes, equal to the total value of your daily benefits while you are hospitalized None
Maximum benefit amount $146,000 $73,000

*Note: A daily benefit will not be paid for hospitalization in a hospital outside of Canada or for hospital stays for the primary purpose of receiving rehabilitation or palliative care.

The money is yours to use any way you wish. You can use it to help with your recovery, pay unexpected bills, replace lost income or meet other expenses.

Your benefit amount will depend on several factors:

  • The coverage you purchased (Basic or Enhanced)
  • Your age when you enrolled (Enhanced Coverage)
  • Your smoking status (Enhanced Coverage)
  • The length of your hospital stay (up to 365 days per condition)

The maximum possible Basic Coverage benefit amount is $146,000. The maximum possible Enhanced Coverage benefit amount is $73,000.

Under Enhanced Coverage, the benefit payment is reduced by 20% for smokers. However, if you enrol as a smoker but file a claim after you've quit smoking, you'll receive the larger benefit. (When you submit your claim, you will need to disclose whether you are currently a smoker or a non-smoker.)

You can receive benefits for a hospital stay of up to 365 days.

In the event of death, your estate will receive the coverage benefits.

After we process your enrolment form, you will receive a Certificate of Insurance. You will find your coverage effective date on this certificate.

Your Royal RecoverAssist coverage ends on the earliest of the following dates:

  • The 31st day after a premium is not paid;
  • The date you are no longer a Canadian resident;
  • The effective date of coverage following your 75th birthday;
  • The date we stop offering it because the group policy providing this coverage has been cancelled;
  • The date you notify us by telephone or in writing that you want to terminate coverage.In this case, termination will be effective on the day before your next premium due date; or
  • The date you die.

Note: When your coverage ends, coverage for your spouse also ends.

Yes, you can cancel at any time by calling us at 1-888-659-0199.

RBC Life Insurance Company is the underwriter and insurer. Royal RecoverAssist is a group policy issued to the Royal Bank of Canada.

You may enrol for coverage if you are:

  • A current customer of any RBC® company, and
  • Between the ages of 18 and 69, and
  • A Canadian resident

You may also enrol your spouse/partner if he or she is between age 18 and 74. (If you've been living with your partner for at least one year, he or she can enrol for coverage under your plan.)

No, your payments will not increase with age. With Enhanced Coverage, your rates and benefits are based on your age at the time you enrol, so you'll get the best premium when you're in a younger age range.

Enrol Now—It's Quick and Easy

If you're an RBC client, age 18 to age 69, and a Canadian resident, your acceptance is guaranteed.

Enrol Online

PhoneFrom Québec: 1-888-659-0099

RBC Life Insurance Company is the underwriter and insurer. Royal RecoverAssist is a group policy issued to the Royal Bank of Canada.
1)
Acceptance is guaranteed if you meet the following conditions: You are a current customer of any RBC® company, you are between the ages of 18 and 69, and you are a Canadian resident. You may also enrol your spouse if he or she is between the ages of 18 and 74.
2)
The first month of coverage is provided by RBC Royal Bank at no cost to you.
3)
Complete information on exclusions is contained in the Certificate of Insurance. This information is intended as a summary only. Please see a sample Certificate of Insurance for complete details on terms and conditions, including benefits and exclusions.
4)
There is an elimination period of 3 full days before benefits are paid if you are hospitalized as a result of sickness. This means that if you are hospitalized as a result of sickness for 3 days or less, no benefit will be paid.
5)
Acceptance is guaranteed if you meet the following conditions: You are a current customer of any RBC® company, you are between the ages of 18 and 69, and you are a Canadian resident. You may also enrol your spouse if he or she is between the ages of 18 and 74.