The Wave Sales Illustration System
Most current version

The Wave 49 is the most current version.

You can download the installation file first. Then double-click the file to install; or run the installation file directly without saving it.

If any of the product illustration modules in The WAVE program are currently open, please save the installation file first; then shut down the WAVE program and double click the saved file to install.

What’s new for WAVE v49

Effective July 4, 2022, BMO Insurance is introducing the following:
1. Update to Quebec Premium Tax Rate on Universal Life policies:
  • As previously communicated, on April 1, 2022, Revenue Quebec decreased the premium tax rate on all life insurance policies from 3.48% to 3.30%
  • We implemented the premium tax rate decrease on our administrative systems effective April 1, 2022 and are now reflecting this change on The Wave

2. Other Wave Updates:
  • AML forms
    • Universal Life and Whole Life
      • To ensure that you are accessing the most up-to-date forms, with this release we will no longer be attaching the required AML forms to the illustration report. Instead, we will be providing hyperlinks to the Advisor site where they can be accessed
    • Single Premium Immediate Annuity (SPIA)
      • There is no change to the current process: the appropriate AML forms will continue to be part of the illustration report until further notice
  • Other improvements
    • As part of our continued effort to improve our software’s usability, we are also removing all embedded marketing materials and forms from within our software. We have also made some other minor wording updates on illustration reports in all modules

Due to the updates listed above, we strongly recommend that you download the newest version of The Wave to take advantage of the new rates and ensure the best possible client experience.

Download the NEW Wave 49 illustration software IMMEDIATELY!


Get a copy of The Wave v48 (previous version).