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What people say after comparing rates on LowestRates.ca

Excellent
Based on 505 reviews
September 22
Was pleasantly surprised by the prompt…
Was pleasantly surprised by the prompt response to my enquiry online. Hope it's ...
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August 5
Received a call before I was even…
Received a call before I was even finished submitting information. Super fast se...
Robert Chiasson
August 4
Great service!
Great service!
Linda RitaOlivier
August 3
They respond very quickly
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Nuwara47
August 2
Quick efficient and very helpful 👌
Quick efficient and very helpful 👌
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August 2
dick
Web page was quick and easy to use
Richard
July 30
Good experience was pretty quick
Good experience was pretty quick
Grant W.Murray
July 29
The agent was friendly
The agent was friendly, helpful and polite. All in all a good experience.
KaneezAla
July 29
Extremely simple
Extremely simple, and fast process.
JaniceGiannitti
July 26
excellent
excellent, professional service
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July 23
Very kind and helpful
Very kind and helpful
April Shannon
July 22
Easy to find easy to use website which…
Easy to find easy to use website which provided me with options.
Randall McLellan
July 22
Excellent service
Excellent service
Sven Zorz
July 21
They were great
They were great
ChristinaLain
July 21
Excellent pricing
Excellent pricing
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March 20
Real options to save
Lowest Rates. CA has been extremely helpful I've gone through my ups and downs b...
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March 15
Very good.
Very good, and the Rates you have stated is great. Please wait till I see the ba...
Ian Stevens
March 10
Good customer service
Good customer service
Lina Bella
March 3
Great team and amazing communication…
Great team and amazing communication skills. Very straight forward to get an est...
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January 22
I came across the website…
I came across the website 'LowestRates', accidentally, while on Facebook - withi...
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January 8
fast and easy
fast and easy
moira fortin
November 17
they find the lowest rates and explain…
they find the lowest rates and explain options saves a lot of time when renewing...
terry nauss
November 4
It was a good experience
It was a good experience
BRIAN FEX
October 26
Easy to use
Easy to use, easy to find the result that you're looking for! 5 star coverage!
KS
October 19
Lowestrates.ca did find a much lower…
Lowestrates.ca did find a much lower rate than I currently pay. Super prompt and...
Tom R Cross
October 17
Super easy to use
Super easy to use, and gives you best comparison prices for insurance. Saved 250...
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October 15
Great service and very helpful :) would…
Great service and very helpful :) would definitely recommend
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October 14
It's great
It's great, found the best rates.
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October 14
Fast and pleasant experience
Fast and pleasant experience. Saved a lot of money too!
stephenblaszko

Learn more about Desjardins life insurance.

Founded in 1900, this Quebec-based cooperative bank that has over 240 locations within Canada. Desjardins offers chequing and savings accounts, investment services, credit cards, personal loans, and, of course, insurance. The majority of Desjardins’ customers live in Quebec and Ontario, but Desjardins products are available country-wide.

The Desjardins life insurance advantage.

What makes Desjardins life insurance unique?

Many people may not know that Desjardins is a credit union. Customers are considered collective owners who are able to elect directors, vote on the future of their local service location, also known as a caisse, and run for leadership positions within the company. Members are also entitled to a fraction of their caisse’s surplus revenue (Desjardin’s membership dividends program) and have access to exclusive discounts for Desjardins’ wide range of insurance products.

In September 2019, Desjardins became the only Canadian bank to become a signatory on the Principles for Responsible Banking, a UN-backed initiative that campaigns for the financial industry to adopt sustainable growth targets to help curb the rate of climate change.

Desjardins consistently ranks highly on lists of Canada’s top employers because of its green initiatives as well as its savvy ability to recruit young employees. In 2019, the company was listed as one of the greenest employers in the country by Mediacorp Canada. In 2018, Quebec millennials voted Desjardins “les plus cool” financial institution in the country in a poll conducted by Léger.

What life insurance products does Desjardins offer?

Desjardins offers four life insurance products for individuals: term, permanent, participating and universal (though the latter two are technically considered subtypes of permanent life insurance).

Term and permanent are different in one critical way: length of coverage. When you buy term life insurance, you’re buying coverage for a set amount of years, with terms of 20 or 30 years being a common choice. If you choose not to renew the policy once the term ends, you lose your coverage. With permanent insurance, you never need to worry about renewing your policy. You buy insurance once and your coverage is guaranteed for life.

Permanent insurance

Policy nameWho’s it for?Max. policy value
Basic CoveragePeople between the ages of 50 and 75 who want their funeral costs covered and can’t afford a more comprehensive policy.Will vary depending on whether the death was natural or accidental.
Personalized CoveragePeople who want to cover their funeral costs, pay taxes owing, leave an inheritance, and support a cause that's important to them. This type of coverage offers a tax-free benefit that can be paid to beneficiaries as a lump sum.Up to $10,000,000

Term insurance

Policy nameWho’s it for?TermsMax. policy value
Term life insurancePeople who want affordable coverage with a large enough benefit to cover short and medium-term financial needs, including repaying debts and covering living expenses for beneficiaries.10, 20, or 30 years, or until age 65Speak with a broker for more information.

In addition to term and permanent insurance options, Desjardins also offers participating life and universal life insurance products.

Desjardin’s participating life insurance policy pays an annual dividend and ensures your death benefit keeps pace with inflation.

The universal life policy has two components: a life insurance component that provides lifetime protection and an investment component that allows customers to grow their money in a savings fund.

Is Desjardins life insurance right for you?

When it comes to purchasing life insurance, the right product will vary from person to person depending on their specific needs and circumstances. The best course of action is, as always, to do your research. Shop around and speak with a broker to determine which insurer is offering the most comprehensive policy — and the best rate — for your situation.

Desjardins is a well-established insurance provider and has demonstrated its ability to meet its financial commitments. The company also offers a wide variety of services in addition to offering insurance. If you already use another Desjardins service, you may be able to get a discount on your insurance that’s only available to members. Ask your Desjardins representative or broker for more information.

If you think you’re ready to buy a life insurance policy, make sure to apply for a quote first. LowestRates.ca lets you compare life insurance quotes from 50+ of the top providers across the country.

By comparing quotes, you’ll get a better sense of which life insurance companies you might consider approaching first. If you’re quoted an affordable premium by one insurer, it means that insurer’s underwriting standards favour you: you are the kind of customer they want. There’s a strong chance the insurer will be able to offer the coverage you need at a price that works for your budget.

What else does Desjardins Insurance do?

In addition to life insurance, Desjardins offers:

The availability of these services may vary from province to province.

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