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GET IT BEFORE YOU NEED IT! GET IT BEFORE IT'S GONE!

Submitted by Krishan on May 10, 2018 - 9:37am

 
GET IT BEFORE YOU NEED

IT!

 
GET IT BEFORE IT'S GONE!
WHY IS DESJARDINS INSURANCE WITHDRAWING FROM THE LTC MARKET?

A business decision to withdraw our standalone LTC product (Independent Living) was due to low market demand in Canada. Desjardins Insurance will cease the sale of Independent Living effective June 15, 2018. NO EXTENSIONS. 
WHAT LONG TERM CARE PRODUCTS WILL BE AVAILBLE?

Desjardins Insurance offers our built-in LTC protection under our NEW Health Priorities (Critical Illness). We will also continue to offer our unique to market hybrid coverage, LTC Advance on Guaranteed Whole Life 20 Pay.
WHAT HAPPENS TO IN-FORCE INDEPENDENT LIVING POLICIES?

Nothing! We are simply ceasing the sale of our stand alone LTC (Independent Living) product! All in-force business will remain in-force and grandfathered! 
Long Term Care complements your client's retirement and financial planning strategy! Here are some reasons to sell Independent Living today!
  • Qualifying age starts at 18
  • We offer a unique 20 Pay option
  • Family history is not considered
  • Spousal discount available
  • Return of premium option available (conditions apply)
  • Claims are paid directly to the client -- NO REIMBURSEMENT!
If you would like to know more about Independent Living, click on link below.
Long Term Care
Source URL: https://www.gpfs.ca/bulletins/desjardins-insurance/2018-05-10/get-it-you-need-it-get-it-its-gone