Transcription of IMPORTANT GUIDELINES - RBC Insurance
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IMPORTANT GUIDELINES - RBC Insurance
IMPORTANT GUIDELINES . This application is for Term 10, Term 20, Term 100 and Universal Life Insurance , and available benefits and riders. DO NOT use for Critical Illness, Disability or Long Term Care. Print legibly in blue or black ink. DO NOT make erasures or use liquid paper. DO NOT use ditto marks. Stroke out an error and have the applicant initial it. The application is a legal document forming part of the policy contract. Money may only be collected at the time of application completion or upon delivery of the policy. The application, Temporary Insurance Agreement receipt and any payment must all be dated with the same date. If applying for joint coverage (first or last to die), term riders and/or a payor waiver (on a different insured than the one in this application), use a separate application for each insured and cross reference the applications to each other.
80788 (052016 Page 2 of 25 P 95812 5. Contingent Owner Must be completed if purchasing Children’s Term Rider. If all Owners predecease the Proposed Insured, in the absence of a Contingent Owner, ownership passes to the estate of the last surviving Owner.
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