COVID-19 Update – Single Premium Immediate Annuities (Signature and Form Delivery Changes)

We are focused on ensuring that our business continues to deliver the important services you and your clients need. Recognizing the importance of responding quickly in these challenging times, we continue to evolve and develop guidelines and practices to help you better serve your clients.  

BMO Insurance is implementing some temporary measures for Single Premium Immediate Annuities to help facilitate: 

• remote signatures; 
• electronic transmission of documents; and
• remote identity verification.

Find out how we’re processing Single Premium Immediate Annuities business and handling temporary process changes here.

These measures will take effect immediately and will continue until further notice. These measures do not change previously established temporary COVID-19 processes for our life insurance and critical illness insurance business.
 

Have other questions? 
Please visit bmo.com/insurance/advisor/covid-19/.
 

We trust you find these guidelines and practices helpful. We will continue to review them as often as necessary to ensure they are responsive to the situation. On behalf of everyone at BMO Insurance, please continue to take care of yourself and thank you for your patience as we respond to these challenging times.