Caisses Desjardins du Québec and Caisses populaires de l'Ontario [Change site]
Vision Death Coverage – Monthly Income
Quick facts
- Monthly income: Your beneficiaries will receive a monthly benefit after your death, rather than a lump sum all at once, so they'll be guaranteed a steady stream of income.
- Minimum period: The benefit is paid for a minimum of 36 months if you die within the last 3 years of coverage.
- Conversion: This coverage can be converted into permanent life insurance until age 65.
Is this coverage right for you?
It's right for you if you want to leave your loved ones a steady stream of income for a set period of time, for example while you still have dependent children at home.
Features and advantages
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Eligibility |
Ages 18 to 75 |
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Coverage period |
A financial security advisor1 will help you choose the period that's right for
you |
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Benefit period |
A minimum of 36 months |
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Benefit amount |
From $250 to $50,000 per month |
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Cost-of-living indexing option |
Adjusts the monthly benefit by up to 4% based on the Consumer Price Index (CPI) |
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Cost |
Based on the monthly income chosen, whether the cost-of-living indexing option is included, and your personal situation (age, gender, smoking habits, state of health, etc.) |
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Conversion |
Lets you convert your coverage into permanent life insurance up to age 65 so you'll be protected for life |
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Other |
Lets you add insureds or coverages like term life insurance, permanent life insurance, universal life insurance, critical illness insurance, disability insurance, long-term care insurance or healthcare insurance Offers all the benefits of the Vision contract |
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Assistance services |
Provides access to several GPS Program assistance services at no extra charge:
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 At the caisse
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Make an appointment with a financial security advisor at a caisse.
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 By e-mail |
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 By phone |
1-866-838-7661 |
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This coverage is a product of Desjardins Financial Security Life Assurance Company. In Ontario, it's distributed through Desjardins Financial Security Life Assurance Company, and in Quebec through Desjardins Financial Security, Financial Services
Firm.
This webpage is for information purposes only. Only the policy and insurance application will be used to settle legal disputes. Some exclusions and restrictions apply.
1. Life and health insurance agent in Ontario. In Quebec, it refers to a financial security advisor employed by Desjardins Financial Security, Financial Services Firm and assigned to a Desjardins caisse.
