BMO Insurance: Bundle Up and Save

Posted on April 3, 2010 and updated November 16, 2010 in BMO Life Insurance, Canadian Life Insurance Companies, Insurance Types, Life Insurance Canada News, Term Insurance 1 min read
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BMO Insurance allows applicants to add a Term 10 or Term 20 rider to any of their traditional, Whole Life or Universal Life plans and they won’t charge an additional policy fee, making their term insurance rates even more affordable. Policy fees are a built-in cost associated with an administration of a life insurance policy and can range from $30 to a $100 a year.

BMO normally charges a $75.00 a year policy fee on their term plans. By adding a 20-year term rider on a husband and wife to a Whole Life or a Universal Life plan, the family would be saving $1,800. over the 20-year period.

For more details, please contact us at 1-866-899-4849 or you can get an instant online quote at the attached link. Instant Quote