As you enter year-end reviews, it’s important to ask your clients about their estate plans.
- 50% of Canadian ages 45-54 do not have a Will
- 1 in 5 Canadians over the age of 55 don’t have a Will
Especially with the US Election today, 65% of Canadians are concerned about the uncertainty surrounding the outcome of the election.
If clients are looking to safeguard their assets, especially estate assets, BMO Insurance is proud to offer 100% Death Benefit Guarantee until Age 85.
As a reminder, Segregated Funds gift your clients:
- Piece of mind as they bypasses probate with a named beneficiary on Non-Registered assets
- Pays benefit to heirs in 10-15 business days
- Private, and helps avoid any nasty estate claims.
- Provide guarantees to protect against any market volatility
Clients Under 80: 75/75 and 75/100
- Nasdaq and S&P 500 ETF Now Available in both 75/75 and 75/100
- Automatic Triennial Resets until Age 80 in 75/100 Contract
- No additional cost for resets
- 75/75 Prestige MER ($250,000+)
- Starts at 1.85% Class A
- 75/100 Prestige MER ($250,000+)
- Starts at 2.00% Class A
Clients 80-85: 75/100 PLUS
- New Funds Added
- High Net Worth Pricing Available
- Prestige MER
- Starts at 2.00% Class A
- Starts at 2.00% Class A
BMO Seg Site: Forms and Materials
- BMO GIF Guide (Seg Codes): https://www.bmo.com/advisor/PDFs/bmo-gif-product-overview-607e.pdf
Marketing Pieces:
- Article: What is a segregated fund?
- BMO GIF Segregated Funds or Mutual Funds 598E
- Segregated Fund Strategies for Elderly Clients 974E
- Estate Wedge - Client Brochure 911E
Market Snapshot:
- Equity markets gave back some gains this week alongside a full helping of economic data, earnings results and ahead of the U.S. election..
- The S&P 500 slipped 1.4%, with Technology giving back more than 3%.
- While the October payrolls report was clouded by hurricane-distorted data, the big picture is that the economy continues to grow at a solid clip (2.8% in Q3) and inflation continues to mellow.
Market Commentary: