Choose your settings
Choose your language

Life insurance

Help protect your loved ones financially.

What is life insurance?

Life insurance is a policy that helps ensure your loved ones are financially secure after you're gone. Your beneficiaries receive a tax-free payment (called a death benefit), which they can use to cover expenses and maintain their living standards. Life insurance can also be a way to leave an inheritance or support a cause.

Some products have a cash value component, which allows you to tap into the cash that has built up in your policy. 1

When is the best time to get life insurance?

Everyone's situation is different, but milestones can be a good time to get life insurance.

Having a child

Help financially protect your family until your children are adults.

Buying a home

Make sure financial obligations are met in case of lost income.

Changing jobs or retiring

Make sure you're still covered if you no longer have group insurance.

Find life insurance that's right for you

Select 1 or more filters to see the life insurance products that match your needs.


  • Term life insurance

    In short

    Life insurance that covers you for a specific period of time.

    Ideal if you

    • Are looking for affordable coverage
    • Have financial commitments
    • Have debts to pay off
    Learn more about Term life insurance
  • Permanent life insurance

    In short

    Insurance that lasts a lifetime, no matter your age or how your health changes.

    Ideal if you

    • Are looking for coverage that's cost-effective in the long run
    • Want to combine life and health insurance
    • Plan to leave an inheritance
    Learn more about Permanent life insurance
  • Life insurance over 50

    In short

    Lifetime coverage for people over 50. No medical exam needed.

    Ideal if you

    • Want insurance that's easy to buy
    • Are looking to get covered quickly
    • Have debts to pay off
    Learn more about 50+ Life Insurance
  • Participating life insurance

    In short

    Insurance that covers you for life and builds cash value.

    Ideal if you

    • Are looking to grow your wealth
    • Want to be able to access cash
    • Plan to leave an inheritance
    Learn more about Participating life insurance
  • Universal life insurance

    In short

    Lifelong insurance protection with investment options.

    Ideal if you

    • Have maxed out your RRSP, TFSA and RESP
    • Want to diversify your assets
    • Plan to leave an inheritance
    Learn more about Universal life insurance

How much does life insurance cost?

Answer 3 questions to find out approximately how much life insurance will cost you.

Get expert advice

Our financial security advisors are here to help you find life insurance that works for you. They'll take the time to:

  • Answer your questions
  • Assess your situation and needs
  • Recommend the best solution for you


Who needs life insurance?

Life insurance can be a good idea if loved ones depend on you financially or if you're looking to protect your estate from taxes. This may be the case if you're a parent, a business owner or in a couple.

What's the difference between life insurance and loan insurance?

Life insurance pays a death benefit to your loved ones, which they can use as they wish.

Loan insurance pays the lender the balance of your loan, such as a mortgage.

What's the difference between term and permanent life insurance?

Term life insurance covers you for a set period of time. Premiums are fixed until the policy is renewed.

Permanent life insurance gives you coverage for life. Premiums can be fixed or increase each year.

How much life insurance do I need?

The amount of life insurance you need depends on your situation and budget. In general, it should be 7 to 10 times your annual salary.

Other information that helps us determine the right amount for you:

  • Your savings
  • Your debts
  • Your group insurance

Contact us


Monday to Friday: 8 AM to 7 PM

Life insurance and living benefits products are manufactured by Desjardins Financial Security Life Assurance Company.
You may be taxed on withdrawals.