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   Home > Insurance > Accident & Illness > Accident Protection Plan

Accident Protection Plan

Many Canadians are not financially prepared to deal with the aftermath of an accident. Get the comprehensive coverage you need to protect you and your family's financial security.

Accidental Death Benefit
You can select coverage to meet your needs from principal sums of $100,000 up to $200,000, in increments of $25,000.

Additional Accidental Benefits

  • Dismemberment: 100% of the principal sum
  • Paralysis: 100% of principal sum
  • Rehabilitation Expenses: 10% of the principal sum/year up to 3 years
  • Spousal Occupational Training: 5% of the principal sum/ year up to 3 years
  • Education Expenses: 5% of the principal sum/year 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 not over age 80.

When Does Coverage Begin and End?
Coverage begins:

  • immediately upon enrolment

You remain covered as long as:

  • You are a BMO Bank of Montreal customer
  • You pay your premiums, and
  • The Master Policy is in effect *

Cost

  • The cost of the insurance coverage (premium) is paid on a monthly basis and depends on the plan in which you are enrolled.
    AmountSingleFamily
    $100,000$12.25$18.25
    $125,000$15.25$22.75
    $150,000$18.25$27.25
    $175,000$21.25$31.75
    $200,000$24.95$36.25
  • Premiums may be subject to sales tax.

Enrol today: Call 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.

* Underwritten by BMO Life Insurance Company and offered under a Master Policy between Bank of Montreal and BMO Life Insurance Company.


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