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RBC Medical Student Offer

Comprehensive income protection for medical students.

Medical school is an exciting and challenging journey, but it also comes with significant financial and personal risks.

As you prepare for a career dedicated to caring for others, it’s essential to protect your own future.

The RBC Medical Student Offer is a comprehensive solution designed to safeguard your income from medical school through residency and beyond.

Why choose the RBC Medical Student Offer?

The RBC Medical Student Offer is more than just insurance — it’s peace of mind. This exclusive program provides disability coverage tailored to the unique needs of medical students and residents and adapts to your needs throughout your career.

If an accident or illness prevents you from working, this plan ensures you have a steady income so you can focus on recovery, not financial stress.

Unlike many other options, the Medical Student Offer involves:

  • No medical underwriting or nurse visits, making enrollment simple and stress-free.
  • Up to 12 months of free coverage for medical students and five months for residents and fellows.
  • Premium savings of up to 25% applied at the time of application.
  • A future income option to increase your coverage up to $25,000/month later without medical evidence.
  • Riders included: Own Occupation, Cost of Living Adjustment, and coverage for HIV, and Hepatitis B and C.
  • Guaranteed conversion option to a long-term care policy.
  • Long-term stability: Private coverage offers guarantees that provincial plans cannot.

Coverage That Grows With You

Your income protection needs will change as you progress through your career. The Medical Student Offer provides flexibility at every stage.

Occupation
(Medical Doctor)

First Year

Second Year

Third Year

Fourth Year

Residency/
Fellowship

First Year of Practice

Premium Savings

Medical Student

$2,000/m

$2,000/m

$3,000/m

$4,500/m

Up to 25%

Resident

$4,500/m

Up to 25%

Fellowship

$8,500/m

Up to 25%

General Practitioners

$7,500/m

Up to 25%

2+1 Emergency Practitioners

$11,000/m

Up to 25%

Specialist

$11,000/m

Up to 25%

All benefits are tax-free, and your private coverage will not offset provincial disability plans during residency.

Act Now to Lock in Lower Premiums

Timing matters. Insurance companies base your rates on your age nearest birthday, so applying early locks in lower premiums and long-term savings. Plus, the RBC Medical Student Offer waives your first 12 months of premiums if you apply before residency. It’s an opportunity to begin your career with protection in place, without extra cost.

Partner With Experts Who Understand Your Journey

At NFP, we’ve been working with physicians for over 30 years and currently support more than 4,500 doctors across Canada. Our Physician Group specializes in guiding medical professionals through every career stage, from medical school to retirement. We’ll help you navigate provincial plans, maximize discounts and structure your coverage for long-term success.

Ready to protect your future?

Claim your RBC Medical Student Offer by booking a no-obligation consultation today and let us help you secure the coverage you need.

Practice Leaders

Sally Hagan
Sally Hagan Benefits, Retirement, and Co-leader of Life
Puja Patel
Puja Patel VP Operations, Life
Adam Gurza
Adam Gurza Senior Advisor, Life

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