BMO Insurance EasyTerm

Bank of Montreal offers EasyTerm Life, a term life insurance plan that can be obtained without the need for a medical exam for face amounts less than $250,000. This term plan allows individuals with health problems the ease and convenience of a no medical life insurnace policy on an affordable basis. Key features of plan:

  • Available for those 18 to 75 years of age.

  • Choice of 10, 20, and 30 year terms available.

  • Premiums and coverage is guaranteed for the length of the term, and provide protection up to age 85.

  • For coverage amounts less than $250,000, no medical exam is required to qualify.

  • Option to convert to a permanent life insurance plan before age 70.

  • A critical illness insurance rider is available on many plans.