A new version of The Wave is available for download immediately. This release includes the following changes to our Living Benefit (critical illness) base policies and riders:

• Premium reductions up to 10% for ages 30-50 and up to 12% for ages under 30 
• Addition of two new bands: 
  • Band 1 – $25,000 – $99,999
  • Band 2 – $100,000 – $249,999
  • Band 3 – $250,000 – $499,999 NEW
  • Band 4 – $500,000 - $2,000,000 NEW
• Removal of the waiting period for non-cardiovascular conditions

Plus, we also recently removed the urine requirement on critical illness insurance applications for ages 18-40 and coverage amounts of $100,000 - $250,000.

There are no other rate changes or software updates on this release of The Wave.

For more information, refer to our announcement brochure (946E), read the Summary of Changes and Transition Rules and download The Wave (version 47.0). 



Note: all our marketing material and websites have been updated to reflect these changes including the name changes on the BMO Insurance Health Advocate^TM Plan that we announced last month.