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PDF version When it comes to deciding whether whole life or universal life insurance makes sense for your clients, here are a few simple guidelines to consider along with BMO Insurance’s solutions for each plan:
| Whole Life | Universal Life |
Client Profile
| - Needs permanent life insurance
- Looking for a guaranteed premium pay period
- Looking to maximize returns but more conservative when it comes to investment choices
- Looking to leave money management to the experts
| - Needs permanent life insurance
- Looking for flexibility in premium payments with a guaranteed cost structure
- Looking to maximize returns based on their risk tolerance
- Looking for a choice of investment options
|
BMO Insurance Solution
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BMO Insurance Whole Life Plan – a NEW whole life insurance plan
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Life Dimensions – our universal life plan with the best-in-class universal life investment option platform
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For more information or to learn about how to find the right solutions for your target market, contact your BMO Insurance representative today!
Note: The ideas presented in this email should be reviewed for suitability to individual circumstances. The information contained in this email is general in nature and should not be construed as legal or tax advice. You and your clients are encouraged to seek the advice of other professionals such as legal and tax experts to ensure that the ideas presented are appropriate for the circumstances of the individual(s) for whom this plan is being considered.
MB 492 (2017/10/26)
