News from 2009

BMO Guaranteed Life Plus Pricing

BMO Insurance's Guaranteed Life Plus is only available through BMO's call centre and not through its broker network. The plus with the plan is there are no health questions, but the plan does not pack a lot of insurance for your premiums dollar. The death benefit on non-accidental deaths is also limited to a return-of-premium in the first two policy years. The plan is available in five pricing increments and the table below lists the price at age groups spanning 40 to 75 for both ...
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Canadian Tire Life Insurance: Conveinence Comes at a Price

Canadian Tire started offering term life insurance, underwritten by Canada Life, in 2005. In March of 2009, they tweaked the details of the plan and began rolling out a new marketing campaign, complete with TV commercials. On the plus side the plan is available with no medical tests but does have a series of health questions. The convenience of not have to meet with a nurse comes at a steep price. Canadian Tire's term life plan is nearly double the cost of competing Term plans. ...
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