There are 4 types of coverage that apply to regular transactions on your Desjardins Business credit card:

• Natural death
• Accident
• Disability
• Critical illness

3 services included

• Psychological Assistance: confidential support from a psychologist to help you through difficult times
• Legal Assistance: information about your rights and options to help you resolve legal problems
• Convalescence Assistance – Case Management: telephone assistance from a team of healthcare specialists and assistance coordinators while you recover

To take out credit balance insurance, you must:

• own a business and work for it at least 25 hours a week
• have a Desjardins credit card account
• be between the ages of 18 and 64

The premium varies based on your credit balance. No premium is charged if your balance is $0.

The cost of the insurance is $0.25 per $100 of the balance of your Desjardins credit card. The premium is added to the balance every month.

If you're receiving disability benefits, you're entitled to a refund of a portion of your monthly premium.

For a full list of conditions, consult the insurance policy available at your caisse or refer to the documents below.

If you bought your insurance on or after November 9, 2020, see:

• Credit Balance Insurance documents for businesses (PDF, 607 KB)

If you bought your insurance before November 9, 2020, see:

• Credit Balance Insurance Distribution Guide for businesses (PDF, 610 KB)

To learn more about your coverage if you're diagnosed with a critical illness, refer to the Critical Illness Guide – Credit Balance Insurance – Businesses (PDF, 272 KB).

Legal notice

The information on this site is intended to help you understand the product by providing a simple, clear summary of the nature and conditions of the insurance. Only the policy and the insurance application will be used to settle legal disputes. Refer to the insurance policy for a full list of terms and conditions.