Published on Global Pacific Financial Services (https://trustglobalpacific.com)

Home > Bulletins > Download The Wave v32.0 from BMO Insurance NOW > Printer-friendly

Download The Wave v32.0 from BMO Insurance NOW

Submitted by Anar on October 20, 2015 - 3:34pm

 

New and Improved Critical Illness

Plans PLUS changes to Term Life

and SPIA effective November 2, 2015

 

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!

redbtn_download_now_en

Further details are available in the Transition Rules and the updated product overviews now available under Product Information on The Wave v32.0. 
 
MB384 box2.png

MB 384 (2015/10/19)
Source URL: https://trustglobalpacific.com/bulletins/bmo-insurance/2015-10-20/download-wave-v320-bmo-insurance-now