Frequently asked questions
Here are some answers to frequently asked questions about the process of becoming a Desjardins Agent. Don't hesitate to contact a recruiter for more information.
Do I have to quit my job while I'm in the Desjardins Agent process?
You are not required to quit your job to go through the selection process, but time off needed may vary as you move forward. Please work with your recruiting contact on specific days and dates.
What about insurance licences?
We pay for your licences during your internship period. Insurance producer licencing takes place after you have been selected for a specific location or market area.
Do I need a college or university degree?
A college or university degree is not required, but post-secondary education is recommended.
Can I select my agency location?
Once you are an approved candidate, you can compete for opportunities as they become available in the market area(s) of interest to you. In addition to traditional opportunities created by retirements, there are new market opportunities and some that are a combination of traditional and new markets. Once selected for an opportunity, you work with a Field Leader to determine the exact location of your office.
What does it cost to become a Desjardins Agent?
Investment amounts can vary greatly by market, just as the cost of living varies. Once you've been selected, you begin a paid internship. Once you enter a 12-month Term Desjardins Agent Agreement (TDAA), you receive a generous signing bonus; then an additional bonus at the beginning of your second year.
You will be responsible for all business expenses but will be provided a generous signing bonus to help manage those expenses.
What retirement plan is provided to Desjardins Agents?
The Annual Investment Payment Program (AIPP) provides a percentage of your commission to you in the beginning of your seventh year.