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Insurance Concepts

Explore our innovative insurance and wealth planning strategies to help your client make the most out of our products.

Personal insurance concepts

Find out how your clients can benefit from our innovative products and personal financial planning concepts.

Estate Preserver Plan

For individuals and couples who want to help offset taxes due on their estate.

How it works:

Purchase enough life insurance to cover your client’s projected taxes at death.

Get the details now. Download the advisor guide today.

Estate Preserver Plan - Advisor Guide (469E)
Estimate of Taxes and Charges Worksheet (468E)

Personal Asset Transfer Plan

For individuals or couples with significant assets looking to maximise the amount they transfer to their heirs.

How it works:

Have your client choose a tax-exempt life insurance policy and select an investment mix that works for them. Then, designate your client as the owners and their heirs as the beneficiaries. Upon your client’s death the value of the policy passes tax efficiently to their heirs.

Get the details now. Download the advisor guide and client brochure.

Personal Asset Transfer Plan - Advisor Guide (800E)
Personal Asset Transfer Plan for Whole Life - Client Brochure (802E)

Family Asset Transfer Plan

For individual retirees or ‘pre-retirees’ looking for a tax effective way to pass on their assets to their children or grandchildren*.

How it works:

Your client purchases insurance on an adult child (or grandchild). Then your client can choose to transfer the policy to their child or grandchild either while they are alive or at death.

Get the details now. Download the advisor guide and client brochure.

Family Asset Transfer Plan - Advisor Guide (321E)
Family Asset Transfer Plan - Client Brochure (322E)

BMO Insurance Insured Retirement Plan

For individuals and couples who want some life insurance coverage combined with supplemental retirement income.

How it works:

Your client maximum funds a universal life or whole life policy. When they retire, they assign the Cash Value of the policy as collateral for a loan which can provide a source of tax-free income. The outstanding loan balance is paid back using the proceeds of the tax-free death benefit.

Get the details now. Download the advisor guide and client brochure.

Insured Retirement Plan Advisor Guide (504E)
Case Study: Insured Retirement Plan (517E)

SmartApp

Use SmartApp to prepare quotes and submit your clients’ life insurance applications.

SmartApp

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* BMO Insurance requires that an insurable interest is established between the parent (or grandparent) and the child (or grandchild). For purposes of underwriting, an insurable interest is defined as a demonstrated financial loss that would be incurred by the owner and beneficiary upon the death of the insured; blood relation by itself does not constitute an insurable interest.