Your lender offered you insurance with your mortgage in Alma, or you are about to get one. Before you sign, a life and health insurance representative registered with the AMF compares that offer with an individual life insurance policy. The form asks no medical questions.
The housing stock in Alma
Alma is an urban centre in Lac-Saint-Jean.
Transfer duties in Alma
The City of Alma applies a 3% rate on the part of the base above $500,000.
Transfer duties are paid in cash after signing with the notary; they are not included in the mortgage loan.
What is specific to Alma
Alma is east of Lac Saint-Jean, at its outflow; the two outflow rivers meet east of the city to form the Saguenay River.
Who gets the money
With the lender’s insurance, the lender is generally the beneficiary, and the amount shrinks with the loan balance. With an individual policy, you choose the beneficiary. Your spouse then receives a sum to use as they see fit, including to pay off the house.
At renewal
If you change lenders, insurance tied to the loan may not follow you. An individual policy stays in force. Read that clause before you sign, not when you renew.
Why there is no price here
The price depends on your age, your health, whether you smoke, and the amount insured. Without those, a figure would mean nothing.
What follows your request
Your request goes only to the team authorized for this service. A person registered with the AMF calls you back. You remain free not to proceed; your consent is timestamped and revocable from every email you receive.