Desjardins Insurance

Back to list

President & CEO: Monique F. Leroux

AM Best Rating: Not Rated

Assets: $15.2 billion

Assets Under Management: $945.7 million

Premium Income: $783.4 million

Address:

Desjardins Insurance
95 St. Clair Avenue West
Toronto, Ontario
M4V 1N7

Toll Free: 1-800.685.7223 (option 1)
Phone: N/A
Fax: 1-888-716-4355

Web Address: www.desjardinsfinancialsecurity.com
Email Address:

*Info courtesy of Desjardins Insurance Financial Review 2010 and ambest.com, accessed Feb. 2012.

Desjardins Insurance is ranked first among life and health insurance companies in Quebec and fourth in Canada, supporting more than five million members.

Their insurance products include life insurance (term, whole life, universal life, and accidental insurance), health and critical illness coverage (complementary health care, disability and long-term care), loans and lines of credit (mortgages, personal loans, and credit card insurance), accidental and travel insurance, insurance for self-employed individuals, and group insurance. The company’s financial products include carefully selected guaranteed deposits, multi-strategy investments, and segregate funds.

Desjardins offers customers saving for a specific purpose an interesting opportunity with their Saving Up For Something Special product, where specific individual needs are put forward and planned out to achieve savings goals.

Whether you are having a baby, getting married, getting divorced, approaching retirement, buying a new home or wanting to reduce your taxes—regardless of the changes in your life, Desjardins will always be there to adjust with you, establishing better and safer financial stability. The Desjardins Business Centre offers a number of products for businesses as well.

Their electronic newsletter is published six times a year, and includes informative articles about taxation, savings, insurance and health. They are also involved in various community events, including the Mother-Daughter Walk, Mental Health Week, and other health-related and community-based organizations.

Desjardins Insurance News

06/13/2013
Disability Insurance Horror Story
04/25/2013
Group Insurance Stats in Canada
04/09/2013
Term Life Insurance: Which Companies Offer Preferred Rates?
03/17/2013
Desjardins Increases Universal Life, Term 100 and Critical Illness Insurance Rates
02/03/2013
Desjardins Financial’s Multi-Coverage Discount
09/22/2012
Permanent Critical Illness Insurance Rates are on the Rise
09/21/2012
Canadian Critical Illness Comparison Chart
08/18/2012
Desjardins Insurance Announces Rate Changes for its Permanent Products
08/06/2012
The Top 20 Life Insurance Companies 2012
06/15/2012
Desjardins Insurance Matches Canada Life’s Term 10 and 20 Pricing Changes
05/21/2012
Desjardins Insurance Group Critical Illness Insurance Policies
04/19/2012
Desjardins Insurance’s Disability Insurance to Cover Loans
04/03/2012
Desjardins Insurance Multi-Coverage Discount Option on Term Life Policies
03/19/2012
Whole Life Insurance for Seniors
03/05/2012
Desjardins Insurance – Term 30 Life Insurance Plan
03/02/2012
Desjardins Insurance Rate Reduction on Term 10 and Term 20 Policies
11/22/2011
TD Insurance’s Critical Illness Report
11/21/2011
Desjardins Financial: Increasing Rates on Permanent Life Insurance Policies
11/16/2011
Desjardins Financial on Life Insurance Policies
09/30/2011
Desjardins’ Stronger than Cancer Promotion
08/29/2011
Life Insurance Guaranteed Whole Life Policies
08/24/2011
Desjardins Guaranteed 10-Pay and 20-Pay Universal Life Plan
05/11/2011
Changes at Desjardins Insurance
04/08/2011
Desjardins Financial’s Solo Disability Income Plan
03/27/2011
Desjardins Financial’s Accidental Fracture and Accidental Dismemberment Benefit
02/22/2011
Who Hasn’t Raised Their Universal Life Rates?
02/07/2011
Desjardins Disability Coverage for University Grads and New Grads
10/01/2010
Term 100 vs. Level Cost Insurance
04/23/2010
A.M. Best Ratings for 2009-2010
04/02/2010
Life Insurance Policy Fees
03/23/2010
Group Critical Illness Insurance Sales
03/07/2010
The Best Whole Life Insurance Plans in Canada
03/03/2010
Desjardins’ Life Start 15 Plan
02/14/2010
Desjardin’s Harmony New Generation: Critical Illness Insurance for Children
01/27/2010
Desjardin – Golden Edge – Non-Medical Life Insurance Plan
11/25/2009
Desjardins’ Long-term Care Plan
10/18/2009
Desjardins Disability: Solo Living Expense Plan
10/11/2009
Desjardins’ Enhanced Term 10 Policy
08/27/2009
Desjardins Critical Illness and Life Underwriting Guidelines for New Arrivals
08/24/2009
Desjardins SOLO and SOLO Health Underwriting Requirements
07/14/2008
Give your Blackberry a vacation!
01/25/2008
Desjardins launches Enhanced Return Guaranteed Investment

Desjardins Insurance Policies

Pluses:

1. They offer a huge variety of health, disability, and critical illness solutions.
2. They have a tremendous amount of flexibility within their Universal Life and Whole Life policies.

Minuses:

1. Their term policies are note competitively priced at certain age brackets.
2. Their non-medical life insurance plan is not well-priced in comparison to other leading carriers such as Assumption Life or Canada Protection Plan.

LSM Desjardins Policy Reviews

Posted by Chantal Marr.

Chantal Marr is a member of the Independent Financial Brokers of Canada.
Much of her success stems from her ability to listen to her clients' needs.
Read Chantal's background.

2 Comments

Unique characteristics of group insurance providers 05/28/2008 at 7:15 am

[...] Desjardins head office allows direct communication with brokers, facilitating faster, more efficient [...]

Give your Blackberry a vacation! 07/14/2008 at 7:18 am

[...] Desjardins Financial Security’s National Health Survey results show that more entrepreneurs should turn off their blackberries and make relaxation a priority this summer for the sake of their physical and mental health. [...]