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Desjardins Critical Illness Insurance Review

by Mark Cluett
5 min read

Best For Extensive Coverage


Desjardins Insurance Term Life Insurance Review

AM Best
financial strength rating Rating

Best For Extensive Coverage


Desjardins Insurance Term Life Insurance Review

AM Best
financial strength rating Rating

Desjardins Critical Illness Insurance Full Review

Desjardin’s Health Priorities product offers prospective clients a lot of choice in coverage and term. It covers more illnesses for partial payment than most other companies in Canada. However, partial payments count as an advance against your overall payout.


  • The highest number of conditions covered (26 full payout illnesses)
  • Generous partial benefit payouts (most number of covered partial conditions)
  • Multiple coverage amounts and multiple terms possible
  • No survival period on most conditions (except cardiovascular)
  • Whole life coverage and limited pay options available
  • Children’s coverage available


  • No online access
  • Partial payment is an advance and reduces overall coverage
  • No second event coverage: Policy terminates after first claim payout
Product NameHealth Priorities
Critical Illness coverageEnhanced Coverage
Available Terms10 years, 20 years, and to age 65, 75, and 100
Limited Pay optionYes. 10 and 20 pay options are available
Maximum coverageUp to $3 million
Conditions coveredEnhanced - 26 conditions
Loss of Independent Existence coverageYes
Partial payout conditions15 eligible conditions. Pays an advance for partial payout conditions, which reduces the coverage amount correspondingly
Partial payment or early detection paymentYes, 15% up to a maximum of $50,000, or 30% up to a maximum of $100,000 depending on illness
Childhood illnesses coverageYes
Survival period0 days for most conditions, except 30 days for a a cardiovascular issue
Return of Premium on deathYes
Return of Premium on expiry/cancellationYes, amount increases from the 4th year of coverage onwards
Second optionNone
Electronic applicationNo
Online account accessNone

Who is Desjardins?

Headquartered in Quebec, Desjardins Group is North America’s largest federation of credit unions and has served Canadians since 1901. Desjardins is a household name in Canada in everyday banking and lending and other financial services.

Their recent focus on sustainable practices and investing has lead them to commit over $2 billion to renewable technologies, as well as installing over 200 electric vehicle charging stations in Quebec and Ontario and offering 11 new responsible investment products to their customers.

Does Desjardins sell critical illness insurance?

Yes. Desjardins’ critical illness insurance product is named Health Priorities. It offers Enhanced Coverage (covering 26 illnesses).

What critical illness insurance coverage and terms does Desjardins offer?

Desjardins’ maximum coverage for critical illness insurance is $2.5-million. It covers 26 critical illnesses, which is one of the highest in the industry

There offer coverage for loss of independent existence. They offer partial payouts for 15 different conditions. The payout is typically 15% of the policy up to $50,000, though they also offer a 1% payout for certain cancers up to a max of $5,000.

The survival period (how long you must survive with the illness before you can collect your benefit) is 0 days for most conditions, though they do have a 30-day wait for those who suffer from cardiovascular conditions.

Desjardin offers critical illness insurance for 10- and 20-year terms or coverage up to 65, 75, or 100 years of age.

10 and 20 pay options are available for some terms.

Does Desjardins critical illness insurance offer a return of premiums?

Desjardins offers a return of premiums on death and a return of premium on expiry or cancellation from the 4th year of your coverage period onwards.

How do I apply for critical illness insurance?

You can speak to advisors from the best online life insurance broker in Canada to find the best critical illness insurnace product for your needs. If you prefer, you can enter your information and look up quotes here or schedule a call with one of our licensed brokers to apply for Desjardin’s critical illness insurance.

The information above is a brief representative summary for indicative purposes only. It does not include all terms, conditions, limitations, exclusions, termination and other provisions of the policies described, some of which may be material to the policy selection. Please refer to the actual policy documents for complete details. In case of any discrepancy, the language in the actual policy documents will prevail. A.M. Best financial strength ratings displayed above are not a warranty of a company’s financial strength and ability to meet its obligations to policyholders.

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