Royal Bank To Sell Quick Term Through Quotesmith Site

NU Online News Service, Oct. 3, 2003, 1:12 p.m. EST – Royal Bank of Canada, Toronto, has agreed to sell RBC ExpressTERM life insurance policies through Insure.com, a Web site operated by Quotesmith.com Inc., Darien, Ill.

Royal Bank will issue the policies through a U.S. subsidiary, Liberty Life Insurance Company, Greenville, S.C., and underwrite applicants in 15 minutes or less without requiring that they undergo medical exams, Quotesmith says.