Exemptions from the Tax on Insurance Premiums

The tax on insurance premiums does not apply in cases such as:

• an individual policy for insurance of persons
• a group insurance of persons policy for which the employer pays a premium for an employee who works in an establishment belonging to the employer but located outside Québec
• a reinsurance policy
• a marine insurance policy, unless it covers risks relating to the use of a pleasure boat on inland waters only
• a contribution payable under an annuity contract
• an amount payable to obtain a surety
• a premium of $0.25 or less
• a premium payable by a cemetery corporation under an insurance policy relating to property used for the cemetery or for cemetery activities
• a premium, an assessment or a contribution payable under one of the following:
  • the Workers' Compensation Act 
  • the Act respecting industrial accidents and occupational diseases
  • the Crop Insurance Act
  • the Act respecting farm income stabilization insurance
  • the Act respecting the Régie de l'assurance maladie du Québec
  • the Act respecting the Québec Pension Plan
  • the Employment Insurance Act