Caisses Desjardins du Québec and Caisses populaires de l'Ontario [Change site]

Loan Insurance - Ready-to-Drive Loan

Who should get this insurance?

Loan Insurance - Ready-to-Drive Loan is the Insurance product designed specifically for the Desjardins Ready-to-Drive Loan™. It is ideal for paying off the balance of your Ready-to-Drive Loan in the event of death or disability.

Find out more about eligibility for Loan Insurance - Ready-to-Drive Loan.

Features

Coverage
Includes:
Life insurance
  • Included in the Desjardins Ready-to-Drive Loan, at no additional cost to the borrower
  • Ensures repayment of the loan in the event of the borrower's death
Disability insurance
  • Offered as an option on the Desjardins Ready-to-Drive Loan
  • Refunds loan payments in the event of total disability
  • Ensures repayment of the loan in cases of total and permanent disability or with survival prognosis of less than 12 months

Find out more about the coverage

Premium

Life Insurance: Protection included with the Desjardins Ready-to-Drive Loan at no additional cost
Disability Insurance: Calculated based on the loan balance, so you pay a fair premium for the real risk your loan represents

How are Disability Insurance premiums calculated?
Benefits

Insurance benefits can be paid for as long as the total disability persists or until the loan is completely repaid (up to 70 years).

Making a claim

Access to assistance services

Access to some GPS Program assistance services with disability insurance:



How to get this product
At the dealer At the dealer  
By phone By phone
For Ready-to-Drive Loan recipients:
  • 1-800-CAISSES (1-800-224-7737)

1. We recommend high-speed access.

TM Trademark of the Fédération des caisses Desjardins du Québec.

Loan Insurance – Ready-to-Drive Loan is a Desjardins Financial Security Life Assurance Company product.

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