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   Home > Insurance > Accident & Illness > Preferred Accident Protection

Preferred Accident Protection

Protect yourself and your family in the case of accidental death or injuries caused by accidents. Plans are available for individuals, as well as two-parent and single-parent families.

Accidental Death Benefits

  • $250,000 coverage for Common Carrier: coverage while a fare-paying passenger on a regularly scheduled licensed transportation.
  • $75,000 coverage for Private Passenger Automobile and Land Motor Vehicle.
  • $25,000 coverage for all other injuries.

Additional Accidental Benefits

  • Dismemberment: $75,000
  • Paralysis: $75,000
  • Daily Hospital/Home Recovery: $100/day for up to 60 days
  • Rehabilitation Expenses: $7,500/year up to 3 years
  • Spousal Occupational Training: $3,500/year up to 3 years
  • Education Expenses: $3,500/child up to 5 years
  • Child Care Expenses: $2,000/child up to 5 years
  • Job Loss Premium Protection: Premium payment for up to 6 months

Eligibility
You must be a BMO Bank of Montreal customer, a resident of Canada and under age 69.

When Does Coverage Begin and End?
Coverage begins on:

  • The first day of the month following the date we receive your request for insurance.

Coverage ends on:

  • The date we receive your request to cancel; or
  • The date of termination of the group policy; or
  • The date of non-payment of your premium; or
  • When you are no longer a BMO Bank of Montreal customer; or
  • When you are no longer a resident of Canada; or
  • Your 80th birthday.

Cost

  • Single Plan: $9.95 per month
  • Family Plan: $14.95 per month
  • Single Parent Plan: $12.95 per month
  • Benefits reduce at the age of 70

Enrol today: Call BMO Life at 1 888 859-9565.


All benefits described herein are subject to EXCLUSIONS AND LIMITATIONS. Benefits reduce at the age of 70. Please refer to your Certificate of Insurance for details of your coverage.


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