5 tips for getting the right insurance

What is insurance for anyway? In terms of life and health insurance, it is important to consult a specialist¹ who will help you to see your way clear.

Here are some answers to the most frequently asked insurance questions:

• Why do I need life insurance?
  To help your loved ones pay for the expenses related to your death (funeral, taxes, etc.) and pay for your uninsured debts (loan Loan: Amount of money lent for a predetermined period of time. s, credit card Credit card: Plastic card issued by a credit company (e.g., VISA) that you can use to make purchases on credit and pay for them at a later date. , etc.). And because premature death, illness or an accident can happen to anyone.

• Why do I need accident insurance?
  To offset a reduction in income, to allow you to pay your additional expenses without having to sell your assets or get into debt, to receive better healthcare and to protect your future!
  Every year, 450,000 Quebec residents are involved in accidents following which they are obliged to limit their activities. 1 out of 3 accidents involves some financial losses.

• Why do I need disability insurance?
  To make up for lost income, to help you honour your financial obligations and maintain your lifestyle.
  1 out of 2 people aged 35 and under will be totally disabled for at least 3 months before the age of 65.

• Why do I need critical illness insurance?
  To enable you to receive a tax-free benefit Benefit: Amount paid to a person under the coverage of an insurance policy to compensate for what he or she has lost.   during your lifetime so that you can promptly obtain the healthcare services and support that you need. Anyone can be afflicted with critical illness.

• Why protect my insurability?
  To adapt your coverage Coverage: Protection offered by an insurance policy in exchange for the payment of premiums.   needs to your situation, regardless of your state of health.
  It will allow you to increase your life insurance benefit on fixed dates without having to provide evidence of insurability.

To properly evaluate your needs, Desjardins Financial Security offers the possibility to meet with a life and health insurance expert free of charge at your caisse. The financial security advisor is a salaried employee whose role is to offer you the kind of coverage that best suits your needs.

	By phone	1-866-838-7661
	At the caisse	Make an appointment with a financial security advisor at a caisse.

1. Only valid for residents of Quebec.

Source: Sales Support Team, Caissassurance for Individuals.