BMO or The Bank of Montreal is the fourth biggest Canadian bank by assets and market capitalization. In fact, it is regarded as one of the Big Five (including TD, CIBC, RBC, and Scotiabank). It is also one of the most recognized banks in the North American area. BMO Insurance was founded in 1817 as a member of the BMO Financial Group. In 2009, the Bank of Montreal acquired the AIG Life Insurance Company of Canada. AIG was then renamed BMO Life Assurance Company, with the headquarters being put at Toronto, Ontario.
Canada Protection Plan – established in 1992 – is a privately-owned Canadian insurance intermediary that provides simplified, no-medical life insurance and other related products.
Both Canada Protection Plan’s term and whole life insurance products are underwritten by Foresters Life Insurance Company, a subsidiary of Foresters Financial.
This is one of North America’s oldest insurance providers, with a history that dates back to over 140 years.
