Joint insurance

Death coverage – Paid up (with surrender values), also allows 2 to 5 people to be jointly insured on the same policy. Benefit is payable at first death or last death of insureds.

Three options

• Joint insurance payable on first death (2 to 5 insureds)
  • Benefit is paid upon the death of the first insured.
  • If one or more insureds die at the same time as the first insured, stated benefits are paid for each death.
• Joint insurance payable on last death (2 insureds)
  • Benefit is paid to the beneficiary of the insured who dies last.
  • Allows couples to leave to their heirs an amount that can be used to pay income taxes due by the second insured.
• Joint insurance payable on last death and paid-up on first death (2 insureds)
  • Benefit is paid to the beneficiary only when the last insured dies.
  • After first insured dies, second insured is no longer required to pay insurance premiums.

To get joint insurance, please meet with a financial security advisor¹ at a caisse or Desjardins Business Centre.

	By e-mail	Write us
	By phone	1-866-838-7661
	At the caisse	Make an appointment with a financial security advisor at a caisse.
	At a Desjardins Business Centre	Make an appointment with a financial security advisor at a Desjardins Business Centre.

The product described above is Desjardins Financial Security Life Assurance Company insurance coverage distributed by Desjardins Financial Security, Financial Services Firm. This document is provided for informational purposes only. Only the policy and the insurance application will be used to settle legal disputes. Certain exclusions and restrictions may apply.

1. Life and health insurance agent in Ontario. Financial security advisors are employees of Desjardins Financial Security, Financial Services Firm.