Mutual Funds are provided through Desjardins Financial Security Investments Inc.  Except for segregated funds in self-directed accounts which are offered through DFS Investments, Life and Health Insurance products are provided through Desjardins Independent Network Insurance Agency.  Desjardins Independent Network Insurance Agency is a business name of Desjardins Independent Network Insurance Inc. which also operates in BC under the assumed name Desjardins Independent Network Insurance Agency Inc.
Desjardins Insurance refers to Desjardins Financial Security Life Assurance Company.  Desjardins Insurance products are sold by the authorized independent insurance advisors.

Term Insurance

Term insurance is life insurance that provides coverage for a specified period of time.  If you die during this period, the benefit is paid out in a lump sum.  Term insurance is usually issued for 10, 20 or 100 years, and will usually renew itself unless you cancel it.  With each renewal, however, there can be an increase in premium costs.  If you choose not to renew your policy, your coverage will expire, with no return of premium.

Term insurance can be a good choice for several reasons.  It can be a cost effective way to secure a business loan or a mortgage, while staying on budget.  Also, if you die, you may want it to replace your income or cover last expenses, such as funeral costs and taxes owed.

Everyone should have some amount of life insurance.  Whether you wish to make sure loved ones are taken care of, cover debt or mortgage expenses, or enhance current coverage, it's an important financial decision for the security of both you and your dependents.  Term insurance may be a better personal fit than permanent insurance because it can easily fit into your lifestyle and budget.