As life changes, insurance needs can change too. Life insurance is a way to help ensure that your family’s financial future will be protected. We offer different types of life insurance and we can help you find the solution that’s right for you.


We offer products that provide tax-free benefits* which can help:


  • Replace your income to maintain your family’s standard of living.
  • Secure your dependent’s future by covering education and other needs.
  • Cover your home expenses and debts.
  • Pay for final expenses and funeral costs.

Call or get a quote online


Call 1-855-422-8690

Get a life insurance quote




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Find the life insurance option that’s right for you

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Term Life Insurance Plans



Term life insurance provides you with coverage for a set number of years and is typically one of the most cost effective options. Your premiums are initially lower as you are only covered for the term you choose.


Term insurance can be good if you are just starting out, are expanding your family or if you just took on a lot of debt like a mortgage.


Term Life Insurance Plans
Term Life Insurance Plans Term Life
Coverage amount From $100,000 to 5,000,000
Who can buy Ages 18 to 75
Assessment of your health
  • A medical exam is required.
This product may be right for you if:
  • You want coverage for 10, 15, 20, 25 or 30 years
  • You want options to renew** & convert your policy
Get a quote
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Featured Permanent Life Insurance Plans



Permanent life insurance provides you with coverage for life, and depending on the product, your premiums may never increase as you age. Permanent insurance can be a good solution if you simply want the peace of mind that you will always be covered, or you do not have life insurance but want final expenses to be covered. BMO Insurance offers products that are easier to qualify for including EasyOne Life and Guaranteed Life Plus which feature no medical or limited health questions to apply and lower coverage levels available.



Featured Permanent Life Insurance Plans
Permanent Life Insurance Plans EasyOne Life Guaranteed Life Plus Term 100
Coverage amount From $5,000 to $50,000
  • Up to $50,000 in basic benefit coverage.
  • Up to 5x basic benefit for accidental death coverage.
From $50,000 to $5 million
Who can buy Ages 50 to 80 Ages 40 to 75 Ages 18 to 80
Assessment of your health You are automatically approved if you can sign a declaration of health that says you have no Serious Illness. Serious Illness
(a) In the 5 years prior to the Effective Date, you have been diagnosed with or had symptoms of heart disease, stroke, high blood pressure (greater than 160/110), diabetes mellitus requiring insulin, chronic renal disease, chronic obstructive pulmonary/lung disease (COPD/COLD) [e.g. chronic bronchitis or emphysema], cirrhosis of the liver, cancer (all types, including leukemia, Hodgkin's disease, lymphoma) or hepatitis C; or
(b) Prior to or on the Effective Date you were under treatment or medication for any of the conditions listed in (a) other than high blood pressure; or
(c) Prior to or on the Effective date, you had a positive HIV test or were treated, counselled or told that you have AIDS (acquired immune deficiency syndrome), or any other immunological disorder [such as systemic lupus erythematosus (SLE, lupus)]; or
(d) Prior to or on the Effective Date, you have been told you have or you have received treatment for dementia including Alzheimer's, amyotrophic lateral sclerosis (ALS, Lou Gehrig's disease), multiple sclerosis (MS), Parkinson's, cystic fibrosis or muscular dystrophy. 		No medical exam is required to apply. A medical exam may be required.1
This product may be right for you if:
  • you are looking for lifelong coverage
  • you are looking for coverage under $50,000
  • you are looking for life and accidental death benefits
  • you are looking for guaranteed acceptance with no medical questions to apply
  • you want coverage for life
  • you want higher coverage options
Learn more
Learn more

Get a quote


Learn more

Get a quote


Learn more

Get a quote

Guaranteed Life Plus
Coverage amount
  • Up to $50,000 in basic benefit coverage.
  • Up to 5x basic benefit for accidental death coverage.
Who can buy Ages 40 to 75
Assessment of your health No medical exam is required to apply.
This product may be right for you if:
  • you are looking for life and accidental death benefits
  • you are looking for guaranteed acceptance with no medical questions to apply
Learn more Get a quote
Term 100
Coverage amount From $50,000 to $5 million
Who can buy Ages 0 to 80
Assessment of your health A medical exam may be required.1
This product may be right for you if:
  • you want coverage for life
  • you want higher coverage options
Learn more Get a quote
BMO Insurance Whole Life Plan
Coverage amount From $50,000 to $20 million
Who can buy Ages 0 to 80
Assessment of your health A medical exam may be required.1
This product may be right for you if:
  • You are looking to maximize the value of your estate
  • You need a cost effective way to replace your lost income or pay off debt in case of your death
Learn more Call
1-855-422-8690

 

Request a call
Universal Life
Coverage amount From $50,000 to $20 million
Who can buy Ages 0 to 80
Assessment of your health A medical exam may be required.1
This product may be right for you if:
  • You are looking to minimize the impact of taxes on your net estate value
  • You are looking to maximize the wealth you leave to your loved ones
Learn more


Ontario


1-800-608-7303
Email


Quebec & Atlantic Canada


1-866-217-0514
Email

 


Western & Northern Canada


1-877-877-1272
Email
Permanent Life Insurance Plans
Permanent Life Insurance Plans
Coverage amount
Who can buy
Assessment of your health
This product may be right for you if:
  • EasyOne Life Plan
    EasyOne Life
    From $5,000 to $50,000
    Ages 50 to 80
    You are automatically approved if you can sign a declaration of health that says you have no Serious Illness. Serious Illness
    (a) In the 5 years prior to the Effective Date, you have been diagnosed with or had symptoms of heart disease, stroke, high blood pressure (greater than 160/110), diabetes mellitus requiring insulin, chronic renal disease, chronic obstructive pulmonary/lung disease (COPD/COLD) [e.g. chronic bronchitis or emphysema], cirrhosis of the liver, cancer (all types, including leukemia, Hodgkin's disease, lymphoma) or hepatitis C; or
    (b) Prior to or on the Effective Date you were under treatment or medication for any of the conditions listed in (a) other than high blood pressure; or
    (c) Prior to or on the Effective date, you had a positive HIV test or were treated, counselled or told that you have AIDS (acquired immune deficiency syndrome), or any other immunological disorder [such as systemic lupus erythematosus (SLE, lupus)]; or
    (d) Prior to or on the Effective Date, you have been told you have or you have received treatment for dementia including Alzheimer's, amyotrophic lateral sclerosis (ALS, Lou Gehrig's disease), multiple sclerosis (MS), Parkinson's, cystic fibrosis or muscular dystrophy.
    • you are looking for lifelong coverage
    • you are looking for coverage under $50,000

    Learn more

    Get a quote

  • Guaranteed Life Plus Plan
    Guaranteed Life Plus
    • Up to $50,000 in basic benefit coverage.
    • Up to 5x basic benefit for accidental death coverage.
    Ages 40 to 75
    No medical exam is required to apply.
    • you are looking for life and accidental death benefits
    • you are looking for guaranteed acceptance with no medical questions to apply

    Learn more

    Get a quote

  • Term 100 Plan
    Term 100
    From $50,000 to $5 million
    Ages 18 to 80
    A medical exam may be required.1
    • you want coverage for life
    • you want higher coverage options

    Learn more

    Get a quote

  • BMO Insurance Whole Life Plan
    BMO Insurance Whole Life Plan
    From $50,000 to $20 million
    Ages 0 to 80
    A medical exam may be required.1
    • You are looking to maximize the value of your estate
    • You need a cost effective way to replace your lost income or pay off debt in case of your death

    Learn more

  • Universal Life Plan
    Universal Life
    From $50,000 to $20 million
    Ages 0 to 80
    A medical exam may be required.1
    • You are looking to minimize the impact of taxes on your net estate value
    • You are looking to maximize the wealth you leave to your loved ones

    Learn more

     


    Quebec & Atlantic Canada


    1-866-217-0514
    Email

     


    Western & Northern Canada


    1-877-877-1272
    Email
    • Back

    Life insurance 101: What it is and how it works

     

    We can't control everything that happens to us in life, but we can be better prepared for whatever it throws our way.

     

    16%
    Of surveyed Canadians feel like they have a strong understanding of how life insurance works.1
    88%
    of surveyed Canadians aren’t familiar with the different types of life insurance options available.2

     

     

    Read More

     

    Looking for more information?

    Learn more about life insurance and your needs with our calculator and helpful resources.

    How much coverage do I need?

    Frequently asked questions

    Understanding insurance terms

    Secure Your Life

    Not sure where to start? No matter what your needs, our learning centre is packed with tips and ideas to help you create a financially secure future for you and your loved ones.

    Learning Centre

     

    Have questions about your life insurance needs?

     

     

    Call
    1-855-422-8690
    Request a call

    Have a licensed insurance advisor contact you

    • 1. Subject to underwriting requirements.
    • 1 Survey commissioned by BMO Life Assurance Company completed by Pollara between October 22–24, 2014, with an online sample of 1,002 Canadians 18 years of age and older.
    • 2 Survey commissioned by BMO Life Assurance Company completed by Pollara between July 2–4, 2014, with an online sample of 1,005 Canadians 18 years of age and older.
    • * Under current tax legislation. Any interest earned during the claims process may be taxable.
    • ** 10, 15, and 20 year Term Life policies are renewable and convertible, while 25 and 30 year policies are non-renewable and convertible