Uninsured Losses: Desjardins General Insurance Launches An Aid Fund

    QUEBEC CITY, March 29 /CNW Telbec/ - Launched during Desjardins Group's
Annual General Meetings, the Desjardins Aid Fund provides financial
compensation to Desjardins caisse members who cannot afford insurance or to
Desjardins General Insurance (DGI) policyholders who suffer a loss that is not
covered by their insurance policy and that could jeopardize their financial
    This new fund will provide financial assistance to qualifying Desjardins
caisse members or DGI policyholders who have suffered a loss.
    The annual budget for the fund is 1% of DGI's net income, up to a maximum
of $1 million. As such, the fund has a $1 million budget for 2008.
    "Cooperation defines us, and this is our way of reaching out to uninsured
caisse members or policyholders whose family budget is jeopardized by a loss.
This fund goes beyond our normal protection and prevention activities. People
sometimes find themselves in a truly precarious financial situation following
an unfortunate accident. With this fund, we'll lend a helping hand by offering
financial support in these exceptional situations", said Jude Martineau,
President and Chief Operating Officer of Desjardins General Insurance Group.
    Requests for assistance may be presented by policyholders or members
themselves, Desjardins caisse branches in Québec or DGI employees.
    A management committee made up of three members of Desjardins Group's
Councils of Representatives, one caisse general manager and one DGI senior
manager will analyze requests for financial aid and allocate funds.

    About Desjardins General Insurance Group

    Desjardins General Insurance Group is a member of Desjardins Group, the
largest cooperative financial group in Canada. Through its subsidiaries,
Desjardins General Insurance Group offers direct property and casualty
insurance to the general public and members of partner groups across Canada.
With over 3,400 employees in Canada, a portfolio of 1.8 million policies in
force, a business volume of $1.4 billion and assets of $3.1 billion,
Desjardins General Insurance Group is one of the top property and casualty
insurers in Canada.

For further information:

For further information: Stéphane Mailhot, Desjardins General Insurance
Group, (418) 254-7072, stephane.mailhot@dgag.ca

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Desjardins General Insurance Group

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