City National Bank Elite Checking and Life‑Insurance Options

City National Bank does not currently bundle a dedicated life‑insurance product with its Elite Checking account; the checking service is separate from the bank's insurance offerings. Customers can still purchase life insurance through the bank's partner insurers, but the policy is not automatically linked to the Elite Checking features.

How Elite Checking Works

Elite Checking provides fee waivers, higher transaction limits, and personalized service for qualifying balances. These benefits apply solely to the deposit account and do not extend to insurance products.

Life‑Insurance Options Available Through City National Bank

The bank partners with major insurers to offer term, whole, and universal life policies. Clients must apply separately, and the bank does not offer a discounted rate solely for Elite Checking holders.

Key Differences Between Checking and Insurance Services

• Eligibility: Elite Checking requires a minimum average daily balance; life‑insurance eligibility depends on underwriting criteria such as age, health, and coverage amount.
• Pricing: Checking fees may be waived with sufficient balance; life‑insurance premiums are based on risk factors, not checking activity.
• Benefits: Checking offers transaction perks; insurance provides financial protection for beneficiaries.

Alternatives If You Want Combined Benefits

For customers seeking a single institution for both banking and insurance, consider banks that integrate insurance under a "bank‑plus‑insurance" model, or explore credit unions and fintech platforms that bundle these services.