GIC-style accounts offered on universal life policies provide the security of guaranteed returns, but with today’s low interest rates, they aren’t the most attractive option.
On the other hand, indexed accounts linked to the returns of popular market indices or mutual funds offer higher return potential, but returns may be too volatile for some clients!
How can your clients get the upside potential of equity-linked returns without the risk of negative returns?
Introducing the North American Enhanced Market Indexed Account (EMIA):
Provides the upside potential of equity-linked accounts:
- The credited interest rate is based on the performance of a portfolio of low volatility enhanced equity investments
- These investments are indexed to the Low Volatility TSX (TXLV) and S&P500 (SP5LVI).
Guaranteed return: - BMO Insurance guarantees that the credited interest rate on this account will never be negative, even if the equity market index returns are in a downturn!
Smoothed return: - BMO Insurance uses a smoothing formula to provide clients with a more stable credited interest rate that changes quarterly.
Professional management: - The investment strategy for the EMIA is managed by BMO Insurance in partnership with BMO Capital Markets.
For more details, click on the following and visit the EMIA section on bmoinvestpro.ca:
Enhanced Market Indexed Account client brochure (852E)
Note: This account is only available on universal life insurance policies issued on January 2, 2017 or later (i.e. those issued under Wave 33.0 or later). | 
