Millions of Canadians have one form of a life insurance policy or another to help cope with life uncertainties. The types of life insurance coverages offered by most insurance companies allow a policyholder to choose a plan based on a preferred duration and terms. Desjardins, known as Desjardins Group, is a Canadian financial company with billions of dollars in revenue. Manulife is a popular insurance company you may have heard of at one point or another. In Canada, Manulife sells a variety of insurance products.