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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).

We work directly with BMO Insurance, and are able to offer all their latest life insurance products. Please complete a short enquiry form to receive a no obligation quote.

Find out more information about the life insurance products offered by BMO now.

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Compare Canadian Life Insurance
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Cover for:
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Types of cover:

Life Cover

Life Insurance pays a sum to the beneficiary of the insured’s policy in the event the insured dies during the term of the policy.

Critical Illness

Critical Illness Insurance pays a benefit to the insured in the event the insured is diagnosed with a predefined illness during the term of the policy.

If not sure please select OTHER

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Amount of Cover:

Here you can choose how much you would like the beneficiaries of your policy to receive in the event of your death.

Things you may consider are the amount required to maintain your family’s standard of living and the cost of paying off any large debts you may have such as a mortgage.

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