We usually don’t want to think about what would happen to our loved ones when we die but the death is inevitable. Your family and loved ones will have to cater for your funeral costs and burial expenses when you die. This means that you might end up throwing your loved ones into serious financial chaos if you don’t make an appropriate plan to cover such expenses.
BMO’s EasyOne Life can help you to adequately cover your loved ones against such unfortunate circumstances.
EasyOne Life insurance is specifically designed for Canadians between age 50 and 80. The plan will provide a comprehensive coverage if you confirm that you do not have a serious illness by signing a declaration of health to that effect. It also provides you access to wellness assistance program and Helping Hands health and it provides up to $50,000 in tax-free coverage.
EasyOne Life insurance offers a benefit level that ranges from $5,000 to $50,000 and you will get a confidential 24/7 support from the Helping Hands program. In addition, the plan also provides a 30-day free look which can be canceled anytime within the first 30 days without any additional obligation on you. The coverage will pay your beneficiaries a tax-free cash benefit in the event of your death.