Universal Life Insurance is a protection plan that provides coverage for the entirety of your life, and italso includes a tax-deferred investment component. In addition to the coverage being for the rest of your life, it is also a savings fund that helps your money grow tax-free.Get a Universal Life Insurance policy today to increase the value of your estate.
A suitable option to:
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Leave your beneficiaries with a significant tax-free inheritance
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Invest tax-free money ifyou topped out your RRSP and TSFA contributions or if you are debt-free
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Lessen the tax burden on your estate
How does this Insurance Policy Work?
This policy has two components:
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A life insurance component:Provides lifetime protection
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An investment component:Coverage includes a savings fund where you can grow your money tax-free.
The fund in your savings can be used to cover your premiums in future years or to increase your insurance amount.

Get the best Insurance Quote from Desjardins Insurance
Call 1 844-542-4678 to speak to our advisors.
What we offer
Personalized Coverage
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You can adjust your policy whenever your needs change, penalty-free after five years
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You have the option of choosing from over 30 different investment alternatives.
Additional Coverages
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A promise of insurability that allows you to enhance your insurance premium without having to prove your insurability.
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If the policyholder or insured becomes disabled, a monthly payment is given to cover some or all of the insurance costs.
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A benefit in the event of an accident resulting in dismemberment, loss of use, or accidental death.
Your Needs
You want to... | Term life insurance | Permanent life insurance | Participating life insurance | Universal Life Insurance |
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get affordably priced coverage for a specific period |
10, 20 or 30 years |
- | - | - |
Benefit from coverage that costs less over the long term | - |
Lifetime Coverage |
Lifetime coverage with dividents |
lifetime coverage with a savings component |
cover your final expenses (funeral costs, income taxes, etc.) | ||||
Pay off depts after your death gline of credeits, etc.) | ||||
Manitain your family`s lifestyle after your death | ||||
Leave something behind for your loved ones | - | |||
Grow your savings tax-free and diversity your investments | - | - | ||
Optimize the values of your life insurance policy | - | - | ||
Receive dividents | - | - | - | |
Prepare to transfer ownership of your business and ensure its sustainability after your death |