Responsible annuities

With more than 30 years of expertise in responsible investment, Desjardins now offers responsible annuities—a first in Canada! This was made possible by our responsible investment policy, which incorporates environmental, social and governance (ESG) factors into the selection and management of investments. And they offer the same competitive rates as traditional annuities!

What’s an annuity?

An annuity is a long-term contract that provides guaranteed income.

Here’s how it works:

Desjardins Insurance manages your savings and you receive the benefits
You receive regular payments, for a set period of time or until you die, depending on the type of annuity you choose
Your payment amounts are based on factors such as your life expectancy, the guarantee period and the interest rates in effect

Advantages

You get predictable, guaranteed income.
Your savings are managed for you.
You’re sheltered from market fluctuations.
You contribute to creating a more sustainable world.
Your money’s protected by Assuris if your insurer goes bankrupt.

You are:

GETTING READY TO RETIRE

There are lots of ways you can convert your RRSP or other savings into retirement income. Annuities fit in nicely with a balanced retirement income strategy.

You can use an annuity to:

Obtain income to cover your basic needs

Annuities provide guaranteed, regular income that you can use to cover your basic needs, like rent, food and transportation. You also have the option of protecting your annuity against inflation to help you keep up with cost-of-living increases.

Keep investing to boost your income

The income generated by this strategy will allow you to earn extra income so you can treat yourself to something special, leave an inheritance or do anything else you want!

We offer a number of annuities and options. Choose what’s right for your needs!

One of our representatives will be happy to help you!

Types of annuities


Features	Life annuity	Term certain annuity
Protection for your spouse (or a beneficiary of your choosing)	Optional	If you die before the end of the guarantee period
Payment period	Until you die You can also choose to have annuity payments continue for your spouse or a beneficiary after your death	Set period Minimum: 1 year Maximum: until you turn 90
Monthly payment amount (determined at purchase)	Based on your life expectancy and amount invested Not impacted by market fluctuations	Based on the guarantee period Higher than a life annuity
Indexation (inflation adjustment): Your payments will increase to keep pace with the cost of living	Optional	Optional
Joint and last survivor option: After you die, your spouse will continue to receive annuity payments for life	Optional	Not included
Guarantee period: Your payments are guaranteed for a set period of time. If you die before the guarantee period ends, your beneficiary will either receive the death benefit or continue to receive annuity payments for the remainder of the period	Optional	Not included
Protection from Assuris: If your insurer declares bankruptcy, you’ll still receive your annuity payments up to a maximum amount protected by Assuris

A PROFESSIONAL ARTIST

This year, business was booming and you made decent money… but you don’t know what the future has in store.

With an annuity for artists, you can convert some of your recent earnings into guaranteed, regular income for down the road. This type of annuity is a great way to ensure your financial security. It’s also a simple and effective tax-saving strategy!

Features

Available in Quebec only.
You can stagger payments over 1 year (minimum) up to 7 years (maximum).
You can use any income you make over and above $25,000 in a given year to purchase your annuity.
You can purchase your annuity with a single payment.
You can draw on all or some of the money left in your annuity whenever you’d like.

Contact your representative for more information about the annuity for artists and all the advantages it has to offer.

How to buy an annuity

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