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Stay financially secure with BMO Life Insurance, Critical Illness Insurance and Travel Insurance � offering affordable, tax-free protection for you and your. Advisor Use Only � Universal Life � Term Life � Non-Participating Whole Life � Critical Illness � Chinese Marketing � Tax & Estate Planning � Financial. On April 1, , BMO Life Insurance Company, a wholly owned subsidiary of Bank of Montreal, completed its acquisition of all of the outstanding shares of AIG.

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