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Download The Wave v32.0 from BMO Insurance NOW
Submitted by Anar on October 20, 2015 - 3:34pm
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BMO Insurance
New and Improved Critical Illness Plans PLUS changes to Term Life and SPIA effective November 2, 2015
What’s New with Living Benefit (LB) plansMB384 box1_v2.png
  • NEW base plan rates and LB rider rates
  • $50 policy fee across all LB plans
  • Two rate bands on base plans and  LB riders
  • Multi-policy fee discount – Combine with term plans and save
  • Multiple ROPS options for LB 75 and LB 100
  • NEW Benchmark Definitions 
  • IMPROVED Early Discovery Benefit
  • IMPROVED conversion options
  • ENHANCED 15-Pay LB 100
  • MORE FYC on base plans and all LB riders
What’s New with Preferred Term Life
  • NEW base plan and term rider rates on Universal Life plans
  • $50 policy fee across all underwriting classes
  • Four rate bands now on Term riders on Universal Life plans
  • Multi-policy fee discount
  • IMPROVED conversion options
  • MORE FYC on Term riders  AND NO change to commission for base plans
What’s New with Single Premium Immediate Annuity (SPIA)
  • New pricing for Registered and Non-Registered business
  • Maximum quote limits reduced for life annuities
  • Cash Ready Option is no longer available
  • NEW application form
Download The Wave v32.0 TODAY!

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Further details are available in the Transition Rules and the updated product overviews now available under Product Information on The Wave v32.0. 
 
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MB 384 (2015/10/19)
 
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