After buying your home, your lender will offer you a restrictive and costly insurance plan that only protects them should something happen. You deserve more comprehensive and affordable coverage that works for you, not your lender.
Desjardins offers Term Life Insurance plans that can be tailored to your needs and budget. Unlike with your lender, Desjardins allows you to choose your beneficiary who can use your policies benefit in any way they like, including covering your mortgage.
Available as a 10, 20 or 30-year term plan;
All terms have renewable coverage up to age 80;
Coverage amounts range from $25,000 to $10,000,000;
Renewable coverage without having to provide evidence of insurability;
Offers a unique combination of life and critical illness insurance;
If diagnosed with a covered critical illness, you can choose to receive a tax-free lump-sum payment that is paid directly to your chosen beneficiary;
Renewable after 10 years without having to provide proof of good health;