Universal life insurance

So you can combine coverage with tax-sheltered investments

  • Leave more to your loved ones
  • Keep saving even if you’ve already maxed out your RRSP and TFSA
  • Split up your estate among your children, including those who won’t be taking over the family business
Get this product - Coverage with investment options.

Why choose Desjardins?


Over 30 investment options to choose from


Your coverage can last 10, 20 or 100 years

How does it work?

  • A universal life insurance policy has 2 components:
    • A life insurance component: provides lifetime protection
    • An investment component: includes a savings fund where you can grow your money tax-free
  • Money is regularly deposited directly into your savings fund, which is also used to pay for your coverage.
  • You can choose how to invest additional funds.
  • A great way to transfer financial assets to your beneficiaries.

Policy duration

Lifetime coverage.

Set premium

Premiums are set for 10- or 20-year periods or for life.

Withdrawal fees

Don't pay any fees to withdraw funds after the first 5 years.

Additional coverage

  • Accident: In case of an accident, you and your children are covered.
  • Disability: If you’re unable to work because of a disability, we’ll pay your premiums for up to 5 months.
  • Increase your coverage based on the market value of your share of the business during the first 10 years after the policy is issued
  • Benefits:
    • No proof of good health required
    • Sound financial risk management
  • Get the right coverage for your growing business

You and your loved ones always have access to our complimentary assistance services, whether you’re looking for general information or need help getting through a difficult time:

  • 24/7 phone assistance services where you can get advice from a nursing professional on various health matters, including nutrition, vaccination, childcare, medication and the use of natural products

Did you know?

You can use your savings fund to pay for your coverage or to supplement your retirement income!

Client services

For information about your contract or to change your address

1-888-558-5525 This link will launch your default phone software.

File a claim External link.

Get an insurance coverage

Our financial security advisors are here to help. Let’s discuss your needs and find the coverage that’s right for you.

Fill out the form External link. Opens in a new window.

You can also reach an advisor by calling 1-866-838-7661 This link will launch your default phone software.
Monday- toFriday, 9 a.m. to 5 p.m. (ET)

This coverage is a product of Desjardins Insurance distributed in Quebec through financial security advisors employed by Desjardins Financial Security, Financial Services Firm. Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company.