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Term Life Insurance Plans

BMO Term Life Insurance gives you coverage for a set period of time. These are the main options:

  • 10, 15, and 20-year term plans with the possibility to renew it for another term. Coverage expires when you are 85 years old.
  • 25 and 30 term plans that expire after that initial term and that cannot be renewed.
  • Personalize the amount of coverage you need from $50,000 to $5 million.
  • You can choose a Critical Illness Benefit as extra coverage (if you are 60 or under at the time of application) or a Waiver of Premium (if you are 55 or under at the time of application).
Find out more information about the life insurance products offered by BMO now.

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