Credit Balance Insurance - Business

Credit balance insurance for businesses

Run your business

  • With even more confidence
  • With the help of a customized solution

Why take out credit balance insurance?

To insure your Desjardins Business credit account. The insurance covers the balance of your regular transactions and fulfills your obligations on your account in case of death, dismemberment, disability or critical illness.

There are 4 types of coverage that apply to regular transactions on your Desjardins Business credit card:

  • Natural death
  • Accident
  • Disability
  • Critical illness

3 services included

  • Psychological Assistance: confidential support from a psychologist to help you through difficult times
  • Legal Assistance: information about your rights and options to help you resolve legal problems
  • Convalescence Assistance – Case Management: telephone assistance from a team of healthcare specialists and assistance coordinators while you recover

To take out credit balance insurance, you must:

  • own a business and work for it at least 25 hours a week
  • have a Desjardins credit card account
  • be between the ages of 18 and 64

The premium varies based on your credit balance. No premium is charged if your balance is $0.

The cost of the insurance is $0.25 per $100 of the balance of your Desjardins credit card. The premium is added to the balance every month.

If you're receiving disability benefits, you're entitled to a refund of a portion of your monthly premium.

For a full list of conditions, consult the insurance policy available at your caisse or refer to the documents below.

If you bought your insurance on or after November 9, 2020, see:

If you bought your insurance before November 9, 2020, see:

To learn more about your coverage if you're diagnosed with a critical illness, refer to the Critical Illness Guide – Credit Balance Insurance – Businesses (PDF, 272 KB).

Legal notice

The information on this site is intended to help you understand the product by providing a simple, clear summary of the nature and conditions of the insurance. Only the policy and the insurance application will be used to settle legal disputes. Refer to the insurance policy for a full list of terms and conditions.

How to buy a policy

Call a representative today, answer a few questions and get this coverage for you and your family.

1-844-768-8436 This link will launch your default phone software.

Customer service


Online: Claim form External link. Opens in a new window.

By phone: 1-877-338-8928 This link will launch your default phone software.

At a caisse: Make an appointment with an advisor

Assistance services

For psychological, legal or convalescence assistance, call 1-877-477-3033 This link will launch your default phone software.