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In these unprecedented times it is important that we provide clients with the protection they need at a affordable price. However, as we live longer, a large majority of Canadians live with health issues and may be confronted with a rated offer when they apply for insurance.  At Desjardins Insurance we don’t want your client to have to choose between a lower amount of insurance or going to a term product when they get rated.  That is why we have introduced our Desjardins Rate Reduction Plan!

If your client is offered a substandard rating on PERMANENT Life or CI INSURANCE PLANS* they will be eligible for the substandard rate reduction. And the good news is….The rate reduction is automatic… regardless of the type of health condition! The Illustration tool will automatically apply the reduction in the substandard premium field.

Let’s see how it works:

MALE, 50, Non-smoker, 10 Pay PAR Estate Enhancer for $100k:

Annual Premium:  $7,104.00

UW indicates a +100% rating:  $14,168.00

With Desjardins Rate Reduction Plan:  $8,516

THAT’S A SAVINGS OF $5,652.00 (approx. +20% rating versus +100% rating)

*Eligible Products