When financing a purchase, taking out insurance may help protect you or your loved ones in case of disability or death.

If you already have insurance, check whether it is sufficient, or take out additional insurance if need be.

Mandatory insurance

What if the merchant requires that you take out insurance before entering into the contract? This must be clearly indicated in the contract, which must include a mandatory clause to that effect.

You are under no obligation to take this insurance with the merchant in question. You always have the option of fulfilling this condition with an insurance contract you already hold, or shop for one elsewhere.

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

Last update : September 23, 2021

Were you unable to find an answer to your question? Please call us.

The information contained on this page is presented in simple terms to make it easier to understand. It does not replace the texts of the laws and regulations.