BMO
Life Insurance
For financial needs large and small, BMO Insurance’s position as one of Canada’s top bank allows them to offer a wide range of insurance products for any financial need. Many BMO Insurance plans also include a diversity of investment plans to help you manage your wealth alongside your protection.
With a wide variety of insurance plans offered by BMO Insurance, we invite you to learn more about the individual benefits of plans offered by BMO.
BMO Life Insurance offers the following insurance Plans:
Overview
Eligible ages
18-75
Amount of Coverage
$100,000 to 30 Million
Duration of coverage
10,15, 20, 25 or 30 years
Additional benefits
Premiums stay the same during term.
Coverage may be renewed by paying different premium.
Option to convert term policy coverage with no medical.
Overview
Eligible ages
18-80
Amount of Coverage
$50,000 to 20 Million
Duration of coverage
Lifelong Coverage
Additional benefits
Coverage remains in effect for rest of your life after age 100
Flexible coverage amounts
Accidental Death Benefit
Guaranteed level premiums
Lifetime coverage
Overview
Eligible ages
0-80
Amount of Coverage
$50,000 to 20 Million
Duration of coverage
Lifelong Coverage
Additional benefits
Guaranteed cash value
Performance bonus
Added plan options:
Estate Protector: Emphasizes long-term cash value growth and increased death benefits, designed for estate planning purposes.
Wealth Accelerator: Provides higher early cash values, catering to individuals who prioritize liquidity in the early years of their policy.
Overview
Eligible ages
0-80
Amount of Coverage
$50,000 to 20 Million
Duration of coverage
Lifelong Coverage
Additional benefits
Flexible premiums
Tax-Deffered Growth
Diverse investment options
Access to cash value