Your lender offered you insurance with your mortgage in Québec, 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 Québec
The Quebec City area shows marked differences between older central neighbourhoods, where building age weighs on the inspection and sometimes on insurance, and newer outlying sectors.
Sectors: Sainte-Foy · Limoilou · Beauport · Charlesbourg · Sillery · Saint-Roch
Transfer duties in Québec
Quebec City adds brackets to the provincial ones: in 2026, 2.5% from $500,000 to $750,000 and 3% above. It has also offered home-ownership support programs whose conditions change from year to year.
Transfer duties are paid in cash after signing with the notary; they are not included in the mortgage loan.
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.