Why Pay More for the Same Annual Reset?

Why Pay More for the Same Reset?

New! Optional Automatic Annual Resets for the BMO 75/100 Death Benefit Guarantee

Save up to $3,100/year or even more in MER Reductions¹ !  

• Will your 75/100 or 75/100PLUS contracts change?
  • No! Your clients will still enjoy automatic triennial resets until age 80 for no additional cost in 75/100
  • High Net Worth Prestige Pricing remains available in 75/75, 75/100, 75/100 PLUS, and 100/100
    • Prestige Pricing is automatic at $250,000 in one or multiple contracts for the same name/same SIN  
      • Prestige Pricing is also being enhanced to include joint accounts

• What is the benefit of making the annual death benefit optional?
  • With Segregated Fund fee disclosure coming in 2027 we want to make sure your clients are not paying more for less
    • Why should a 79 year old client be charged the same MER for 1 reset as a 60 year old that will receive up to 20 resets?
    • Why should your clients continue to pay embedded reset costs in their 80s and 90s?
  • The reset fee will automatically drop off after age 80, lowering the MER for your clients

• Will my clients see the optional rider fee?
  • Yes, it will be charged semi-annually
  • They also will see it on the new required fee disclosure coming in 2027

• Why should I use BMO 75/100 instead of another carrier that already includes automatic annual resets?
  • BMO remains one of the most cost-effective contracts, even with the additional rider
    • For a $500,000 deposit into a 75/100 Balanced Fund with Annual Death Benefit Resets²

• What if my clients already have an existing 75/100 BMO Seg Contract?
  • We will allow existing clients to add the optional reset until the end of the 2026 RRSP Season (March 2^nd, 2026)
  • Clients just need to sign this form and elect the option in Section 8
    • Non-Financial Change Form - BMO Guaranteed Investment Funds- 612E