News from Desjardins Insurance

DESJARDINS INSURANCE

Dear Partners,

As the new year begins, Desjardins Insurance would like to thank you for doing business with us.

We now protect the financial security of 5 million members and clients. We’ve earned their trust by offering competitive life and health insurance protection and retirement savings solutions. And you’re part of our success!

Our goal for 2021 is to continue providing you with the support you need. We’ll continue to tailor our products and services to help your business prosper.

Our team wishes the very best for you and your family. May the new year bring good health, renewed energy and lasting success!

All the best for 2021!

Wealth Management and Life and Health Insurance

Chantal Gagné
Senior Vice-President
Individual Insurance Division

Maria Ricciardi
Senior Vice-President
Life and Health Insurance Operations and Member, Client Experience Division

Éric Landry
Senior Vice-President
Investment Solutions Division

Roger Tessier
Senior Vice-President
Investment Product Services and Operations Division

In this issue:

INVESTMENTS

HELIOS2 CONTRACT: CONFIRMATION OF 2020 GLWB BONUS RATE

The GLWB bonus rate, which will apply on December 31, 2020, will be the rate calculated using the following formula: the 10-year Government of Canada benchmark bond yield (CANSIM Identifier V39055) as at the last business day of November of the current calendar year, plus 1.5%. This rate is subject to a minimum of 2.5% and a maximum of 8%.

The benchmark rate as at November 30 was 0.67%. With the 1.5% added to this rate, the rate will be 2.17%. The GLWB Bonus Rate for clients who did not make any withdrawals in 2020 will be 2.50%, which is the minimum rate specified in the contract.

INVESTMENTS

MARK YOUR CALENDAR: MARCH 1, 2020 RRSP DEADLINE

March 1, 2021 is the deadline date to contribute to your RRSP for the first 60 days of 2021.

For more information, please refer to the RRSP Campaign – Guidelines section, which has been updated for 2021, Investments > Policy services > RRSP Campaign – Guidelines, under the Investments tab on Webi.

COVID-19: Business Continuity Plan

All the information related to COVID-19 is gathered in a dedicated section on Webi.