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Hospital Cash
Hospital Cash Plan
Receive a daily cash benefit for hospital stays and use it as you wish to meet your various financial needs. Plans are available for individuals and couples, as well as two-parent and single-parent families. Coverage is available for Accident & Sickness or Accident only.
Daily Hospital Cash Benefit
Provides a daily cash benefit of up to $100, for a maximum of 365 days, for in-patient hospital stays due to Accidents or Sickness.
Double Cash Benefit for Intensive Care Unit
Provides double the benefits, for every full day spent in an Intensive Care Unit, for a maximum of 30 days.
Eligibility
You must be a BMO Financial Group customer and a resident of Canada between the ages of 18 and 70.
When Does Coverage Begin and End?
Coverage begins on:
- the day the request for coverage is received and a certificate is issued by BMO Life.
Coverage ends on the earliest of:
- the date the group policy is terminated;
- 30 days after the premium due date if the required
premium remains unpaid;
- the next premium due date after we receive your
request to cancel;
- the date you are no longer a resident of Canada ;
- when you turn 75 years of age;
- on the date of death; or
- the date you are no longer a BMO Financial Group customer
Cost
The premiums depend on age and whether you chose coverage for Accident & Sickness or Accident only.
Accident & Sickness Plan
| Age: |
18 – 44 |
45 – 54 |
55 – 70 |
| Policyholder |
$9.50 |
$13.25 |
$16.00 |
| Single Parent |
$11.50 |
$15.25 |
$18.00 |
| Policyholder & Spouse |
$16.50 |
$22.50 |
$29.00 |
| Family |
$18.50 |
$24.50 |
$31.00 |
Accident only Plan
| Age: |
18 – 70 |
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| Policyholder |
$5.00 |
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| Single Parent |
$6.25 |
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| Policyholder & Spouse |
$7.50 |
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| Family |
$8.75 |
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Benefits reduce at age 65.
Enrol today : Call BMO Life at 1 800 268-5962
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