BMO Insurance rolls out tool that returns life insurance decisions in seconds
SmartDecision covers term life, universal life and whole life applications, the insurer said, and eligible applicants face no traditional tele-interviews or medical evidence requirements.
BMO Insurance said the experience is advisor-led and fully digital.
The company positioned the launch as a way to give advisors faster, more consistent decisions while cutting administrative follow-up.
Katarina Nikolic, vice-president and chief corporate underwriter at BMO Insurance, said SmartDecision is “fundamentally changing how underwriting is delivered,” giving advisors immediate decisions and freeing them to focus on client advice.
For advisors, the tool reduces cycle times from weeks to seconds and slots into existing workflows, the company said, giving greater certainty and transparency during client conversations.
