Frequently asked questions

Increase on the insurance premium tax

Effective January 1, 2027, the Quebec Government will increase the tax rate applicable to insurance premiums from 9% to 9.975%. This increase affects all insurers and will have an impact on the total amount payable.

The Quebec Government decided to change the Insurance Premium Tax (IPT) rate to align it with the Quebec Sales Tax (QST) rate.

No. Since this is a government-imposed tax, it automatically applies to all eligible policies.

This change applies to group insurance as well as home, car, recreational vehicle, commercial, and commercial vehicle insurance.

No. The increase does not affect your insurance premium. Only the tax is changing. As a result, the total amount payable may be higher, even if your insurance premium remains the same.

No, your coverage, benefits and terms remain the same.

The impact of the increase will be reflected on the first invoice issued in 2027. An invoice reflecting the new 9.975% tax rate will be sent to all affected policyholders, even if there are no changes to their policy.

The exact amounts will be shown on your invoice.

You can also contact our Customer Service team for more information.

No. The increase will be applied automatically.

You can contact our Customer Service team. They will be able to assist you and answer any questions you may have.

The applicable tax rate depends on the date your payment is received.

If you make a payment after January 1, 2027, the new rate of 9.975% will apply, even if your invoice was issued in 2026. An adjustment may then be added to accurately reflect the new rate.

The applicable tax rate depends on the date we receive your payment. If a payment is received after January 1, 2027, the new 9.975% tax rate will apply. An adjustment may then be added to accurately reflect this new rate.

This adjustment relates solely to the applicable tax and does not constitute a late payment penalty. Any interest charges or penalties remain subject to the terms and conditions of your policy.

If a payment that was declined in 2026 is ultimately received in 2027, the new 9.975% tax rate will apply. An adjustment may then be added to accurately reflect this new rate.

If you make your payment before January 1, 2027, the tax rate in effect on that date applies, i.e. 9%.

The tax rate is determined based on the date the payment is received. As a result, the amount withdrawn may vary if we receive your payment after January 1, 2027.