Monday, September 16, 2024
9:51 AM EST – BMO : Says its insurance arm is refreshing its flagship whole life insurance product to provide greater protection and more value for policyholders with no change to the premium. Whole life insurance plans offer permanent life insurance protection with fixed level premiums which are payable for a given number of years, while offsetting the impact taxes could have on overall estate values. This type of insurance can also be ideal as a source of funds for heirs to cover final expenses, offset taxes or leave a financial gift to a charity. BMO (T.BMO) shares were up $0.71 at 117.
Stocks in Play: BMO , Mon, 16 Sep 2024 09:57:06 EST