BMO Guaranteed Life Plus vs. The Easy One Life Insurance Application

BMO Insurance offers two non-medical life insurance policies. Both plans are sold via their call center and not through their broker network.The first plan is BMO’s Guaranteed Life Plus, which is a Guaranteed Issue Plan. Individuals age 40 to 75 will qualify immediately, whether or not they have a serious health issue.

BMO’s Easy One life plan is a Simplified Issue Policy and is available to individuals aged 50 to 75. There are no medical tests, but the individual must confirm they do not have a serious illness.

Additional differences between the two policies are:

The Guaranteed Life Plus Plan

1. The Guaranteed Life Plus plan has a two-year waiting period on all non-accidental deaths, which means if the insured dies of a non-accidental death in the first two policy years the death benefit is limited to a return-of-premium plus interest

2. The guaranteed life plus plan offers additional built-in accidental death coverage.

3. The plan offers five premium options ($20, $30, $75, $100 and $120 a month)

The BMO Easy One Plan

1. The BMO Easy One Plan has face amounts from $2,500 to $15,000 in coverage.

2. Coverage begins from day one. There is no waiting period on the death benefit.

3. Premiums never increase.

4. There is a built-in transportation benefit, which brings the insured home if they pass away more than 200 kilometers from their Canadian residence.

For more details on Guaranteed Issue and Simplified Issue life insurance policies, please contact us at 1-866-899-4849, or visit our Non-Medical Life Insurance Quote Page.

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What Clients Say About LSM

life insurance testimonialsLSM Insurance team did a terrific job in servicing my family's insurance needs. Moreove,...1 of 85Falak PatelRead more


  1. EDWIN 12/29/2010 at 10:32 am

    I am interested in the Guaranteed Life Plus Plan.I am 66 years old and had by-pass surgery eight years ago.

  2. LSM Insurance 12/29/2010 at 6:18 pm

    Hi Edwin,

    Thanks for the note. BMO’s Guaranteed Life Plus is only offered direct via its call centre.

    We do offer a variety of Guaranteed Issue and Simplified Issue plans we would be happy to show you as a comparison.Our contact details 1.866.899.4849 or [email protected]

  3. kim 04/28/2013 at 11:58 pm

    I would like to ask a question.

  4. LSM Insurance 04/29/2013 at 9:54 am

    Hi Kim,

    Thanks for the note. If your question is on a BMO direct product you can call them 1-800-387-9855. If you like to ask us a questions contact us at [email protected] or at 1-866-899-4849.

  5. Edwin 04/30/2013 at 12:51 pm

    Hi,LSM Insurance. My question is this: Why did it take two tears for me to get an answer to my question. I received your reply Monday April 30th 2013.

  6. LSM Insurance 04/30/2013 at 2:16 pm

    Hi Edwin, We answered your question on Dec 29th 2010 at 6:18pm – the same day you asked.

    You may be referring to a recent answer to Kim’s question. Have a nice day.

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