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Monthly Income in Case of Death

If insured dies, beneficiary receives monthly benefits as opposed to a lump sum payment.

Can be used to provide the family (dependent children) with monthly benefits if the insured dies.

Features

  • Coverage amount: From $250 per month on up.
  • Benefit period: Minimum 10 years, up to age 85. Period is set at the time of the contract.
  • Available to individuals aged 18 to 75.
  • Cost varies according to coverage selected and personal factors (age, gender, smoker or non-smoker, general health, etc.)
Additional options
  • Benefit indexation: If option is selected, allows benefits to be indexed according to the Consumer Price Index to protect benefits from inflation.
  • Conversion: Monthly Income in Case of Death can be converted to Death coverage for insured’s lifetime. Available until the insured’s 65th birthday.

Advantages

  • Prevents beneficiary from having to manage a high, lump-sum benefit payment.
  • Ensures regular income to descendants to meet company or family financial obligations.
  • You may add insureds to your contract as well as additional Vision coverages such as disability, critical illness, health or loss of independence insurance.
  • You benefit from other Vision contract advantages such as basic coverages and assistance services at no extra charge.

To get Monthly Income in Case of Death insurance, please meet with a financial security advisor1 at a caisse or Desjardins Business Centre.

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

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