If you are thinking of getting a perfect insurance plan to protect yourself and your family, you have a lot of factors to consider. You may need to consider a coverage that lasts a long-term and has several features you need for yourself and your loved ones.
BMO’s Term 100 is the best coverage for you if you need a coverage that will be suitable for your lifestyle. The plan covers you for life up to 100 years.
Term 100 provides effective and excellent coverage with a wide range of coverage amount from $50,000 to $5 million. The plan is basically for Canadians between age 18 and 80 and the premiums for this plan do not change. This will help you to manage your budget adequately. In addition, the plan provides a lifelong coverage to the insured provided the premium is continually paid and no further premium is required of the insured when he turns 100.
Term 100 has several optional extras and riders that can be used to customize your plan to suit what you want. Further, the plan includes the BMO insurance health advocate plan at no additional charge. The insured will not be covered or will not receive his benefits if he provided false, incorrect or incomplete information duration the application process. The plan will not cover you if your death resulted from suicide within the first two years after your policy becomes effective.