<p>Insurance products are designed as long-term vehicles with stated objectives. The insurance product is an obligation of the issuing insurance company and not RBC Capital Markets, LLC nor its RBC Wealth Management division.&nbsp; Any guarantees, warranties, or product benefits, including benefits allowed by riders, are subject to the claims-paying ability of the insurance company. Insurance products include charges such as administrative fees, annual contract fees, mortality and risk expense charges and may include surrender charges.&nbsp; Expenses and fees of the product maybe subject to change and may fluctuate during the life of the contract. See contract or prospectus for details. RBC Capital Markets is acting as an agent for the underwriting insurance company. Insurance Products are underwritten by and policy approval is subject to the underwriting standards of the issuing insurance company and not RBC Capital Markets. The insurance company has the right to transfer or sell the insurance product to another insurance carrier, and in so doing, must inform the client at that time of the client&rsquo;s right as a policy owner.</p> <p>Investments in variable products will fluctuate and values upon redemption may be less than the original amount invested. Investors should consider the investment objectives, risks, and charges and expenses of an annuity carefully before investing. Prospectuses containing this and other information about the annuity are available by contacting your RBC Wealth Management financial advisor. Please read the prospectus carefully before investing to make sure that the annuity is appropriate for your goals and risk tolerance.&nbsp;</p>