BMO Mortgage Life Insurance

BMO offers Mortgage Life Insurance plans that are geared to protecting your home and family when you can't. BMO's term life insurance focuses on providing you with easy to apply coverage that is flexible and affordable. Term Life policies from BMO give you choice of beneficiary so your benefit can go to those who matter most.

Critical Illness and Disability plans from BMO help you cover your expenses after being out of work. Don’t let time away from your job cause you to worry about your financial obligations like your mortgage. Affordable plans like Recovery Plus provide you with financial relief when you need time to get well again.

BMO Term Life

  • Coverage from $100,000 to $5,000,000.
  • 10, 15, 20, 25 or 30-year term lengths available.
  • Your benefit is tax-free and paid directly to your chosen beneficiary.
  • Choice of optional extras like critical illness benefit and waiver of premium.
  • Apply quickly and easily over the phone and get covered in minutes.

BMO Insure NOW

  • Term life coverage to age 65.
  • Benefit amounts range from $50,000 to $250,000.
  • For Canadian residents ages 18 to 49.
  • Coverage begins immediately after your application is received and your first premium is paid.
  • Optional extended life benefit past age 65. No premiums are required after age 65.
  • No medical exams are required.

BMO Insure NOW Plus

  • Life, Critical Illness, and Accidental Disability Insurance coverage up to age 65.
  • Coverage amounts range from $50,000 to $250,000.
  • Experiencing a critical illness or becoming disabled as a result of an accident provides you with a portion of your total coverage amount, the left-over balance remains as your life insurance.
  • Optional extended life benefit past age 65. No premiums are required after age 65.

At Mortgage Insurance Group, we specialize in providing Canadians with Mortgage Life Insurance solutions that are easy to apply for and require no medical exams. Our streamlined process allows you to purchase a plan right from the comfort of home with no waiting periods. Get your free, no obligation quote today and discover your options!