Universal Life Insurance
An all-in-one life insurance and investment solution
- A tax-efficient and cost effective way to cover-off your permanent insurance needs with the added benefit of a tax-deferred investment portfolio
- Guaranteed rates for life insurance costs
- Allows you to access the Cash Value of your policy
- Provides a tax-free lump sum payment to your beneficiaries
Coverage for Life
Policy is paid up at age 100 – but your protection continues for as long as you live
Affordable Life-time Protection
Example of monthly cost for Universal Life Insurance
Permanent (Universal Life) Coverage: $100,000 1 Monthly Cost
| LifeProvider | Age 35 | Age 40 | Age 45 | Age 50 | Age 55 |
|---|---|---|---|---|---|
| Male Non-Smoker | $42.09 | $55.02 | $75.26 | $101.61 | $143.03 |
| Female Non-Smoker | $35.46 | $44.47 | $58.76 | $79.00 | $113.27 |
1 Rates effective September 2010. Subject to change without notice.
Premiums shown are minimum premiums paid monthly for life for a BMO Insurance LifeProvider policy.
Premiums shown are minimum premiums paid monthly for life for a BMO Insurance LifeProvider policy.
For full details including cash values and other plan types, contact an independent insurance advisor.
To get a personalized quote, contact an Independent Insurance Adviser
More than 400 Investment Options Available
Select from a wide range of guaranteed interest and equity-linked investment accounts
- Guaranteed interest accounts have a minimum guaranteed rate of return
- Equity-linked investment accounts earn investment returns based on the performance of some of Canada's most recognized money managers
Access to Cash
- You may decide to access part of your tax-deferred investment account as a source of extra retirement income, to fund your child's education, to cover expenses if you become disabled or even as an emergency cash account
- Ask your insurance advisor for more details
Customize Your Plan
Add extra insurance protection to your life insurance plan:
- Term Insurance Rider: adds term life insurance coverage to supplement the permanent life protection
- Accidental Death Rider: covers you in case of an accident
- Waiver of Premium: covers your premium payments or any other amount you choose if you become disabled
- Children's Term Insurance Benefit: provides term life insurance for your children
- Living Benefit Rider: provides a lump-sum payment to you if you are diagnosed with a critical illness
- Business Guaranteed Insurability Option: ideal for business owners who want to lock in their ability to purchase additional life insurance protection in the future
A Plan to Meet Your Needs
- Life Dimensions
- LifeProvider
10-day Money Back Guarantee
Need an Independent Insurance Advisor?
Contact the BMO Insurance office in your area:
Ontario: 1-800-608-7303, insurance.advisorsalesontario@bmo.com
Quebec & Atlantic: 1-866-217-0514, insurance.advisorsalesquebecatlantic@bmo.com
Western Canada: 1-877-877-1272, insurance.advisorsaleswest@bmo.com
Insurer: BMO Life Assurance Company
Full details terms and conditions are available on request
Insurance benefits are tax free payments under current legislation
Insurance benefits are tax free payments under current legislation
