What happens if a financial institution requires that you take out insurance before entering into a credit contract?

You are under no obligation to take out an insurance policy with that institution. You may always fulfill this obligation through an insurance policy you already hold, or shop for one elsewhere. The institution must clearly indicate this condition in the contract with this statement.

You recommend this page: https://www.opc.gouv.qc.ca/

Last update : July 4, 2022

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