Life insurance

Life insurance

A key tool to protect your business

Whether you’re self-employed, own your own business or are a partner in a business, life insurance will:

  • Minimize the financial impact of your death on your business and your family
  • Keep your business plans on track

Business insurability

Increase your coverage based on the market value of your share of the business during the first 10 years after the policy is issued.

Types of coverage

Term life insurance

So you can protect your business

  • Finance a shareholder agreement
  • Give your family the financial means to buy back your business
  • Get the money you need to buy back a partner’s shares if they die

Learn more - Term life insurance

Permanent life insurance

So you can make the most of your estate

  • Split up your estate among your children, including those who won’t be taking over the family business
  • Hire a replacement in the event that a key employee dies
  • Get long-term care coverage

Learn more - Permanent life insurance

Participating life insurance

So you can get the funding you need to seize business opportunities

  • Get tax-efficient coverage with dividend options
  • Use dividend payments to increase your cash value and boost your retirement income, while maintaining your basic coverage
  • Increase the value of your estate

Learn more - Participating life insurance

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

Learn more - Universal life insurance

Get an insurance coverage

Make an appointment with a representative today. They’ll assess your financial needs and recommend a solution best-suited to your priorities.

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These coverages are 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.