Personal insurance concepts
Find out how your clients can benefit from our innovative products and personal financial planning concepts.
Estate Preserver Plan
For individuals and couples who want to help offset taxes due on their estate.
How it works:
Purchase enough life insurance to cover your client’s projected taxes at death.
Get the details now. Download the advisor guide today.
Share Rick and Susan’s story with your client
Personal Asset Transfer Plan
For individuals or couples with significant assets looking to maximise the amount they transfer to their heirs.
How it works:
Have your client choose a tax-exempt life insurance policy and select an investment mix that works for them. Then, designate your client as the owners and their heirs as the beneficiaries. Upon your client’s death the value of the policy passes tax efficiently to their heirs.
Get the details now. Download the advisor guide and client brochure.
Share the Personal Asset Transfer Plan with your client
Family Asset Transfer Plan
For individual retirees or ‘pre-retirees’ looking for a tax effective way to pass on their assets to their children or grandchildren*.
How it works:
Your client purchases insurance on an adult child (or grandchild). Then your client can choose to transfer the policy to their child or grandchild either while they are alive or at death.
Get the details now. Download the advisor guide and client brochure.
BMO Insurance Insured Retirement Plan
For individuals and couples who want some life insurance coverage combined with supplemental retirement income.
How it works:
Your client maximum funds a universal life or whole life policy. When they retire, they assign the Cash Value of the policy as collateral for a loan which can provide a source of tax-free income. The outstanding loan balance is paid back using the proceeds of the tax-free death benefit.
Get the details now. Download the advisor guide and client brochure.
SmartApp
Use SmartApp to prepare quotes and submit your clients’ life insurance applications.
SmartApp
Get in touch with us
Call or email us today for more information about how we can help you.
* BMO Insurance requires that an insurable interest is established between the parent (or grandparent) and the child (or grandchild). For purposes of underwriting, an insurable interest is defined as a demonstrated financial loss that would be incurred by the owner and beneficiary upon the death of the insured; blood relation by itself does not constitute an insurable interest.
