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Term 100

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Term 100 – The Coverage You Need for the Long Term

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.

Optional Extras and Features of Term 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.

  • The coverage amount for this plan range from $50,000 to $5 million.
  • The plan is for Canadians between age 18 and 80 (both inclusive).
  • The premiums for this plan do not change during the duration of the entire policy. This will help you to manage your budget.
  • Furthermore, the plan provides a lifetime coverage provided you continue paying your premiums and no further premium will be required from you when you turn 100.
  • The plan also includes optional extras or riders that can be added to your policy to customize it as you want.
  • In the event of your death, a tax-free death benefit will be paid to your beneficiaries.
  • The plan also includes the BMO Insurance Health Advocate plan with no additional charge.
  • No benefit will be paid to your beneficiaries if you 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.

Ask your Broker about Term 100 Insurance Quotes and Compare!

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