Desjardins Financial Security Life Assurance Company (“Desjardins Financial Security”) is part of the Desjardins Group of Companies. It’s head office is located in Levis in the Province of Quebec. According to the Desjardins website in 2016 Desjardins Financial Security had $96.5 billion in assists under its administration and management. Further, Desjardins Financial Security boasted an after tax net income of $504.5 million. Additionally, the company revealed that it collected premiums in the sum of $4.0587 billion and paid out benefits in the sum of $3.009 billion.
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Desjardins Financial Security sells long term and short term disability insurance policies. Many of those disability insurance policies are offered through employers.
Many of our clients at Kotak Law have been surprised and upset when Desjardins has denied or terminated their disability insurance claim. Sometimes they are told that there is insufficient medical evidence or that the test for total disability has changed and there is some other job that they can do.
At Kotak Law our disability insurance lawyers have been successful in suing Desjardins and securing significant lump sum settlements for our clients who suffer from illnesses such as chronic pain, chronic fatigue, depression, anxiety, panic attacks, fibromyalgia, colitis, cancer, heart disease migraines, or even stress alone.