If, during the year, you receive a dividend, return or refund of premiums (hereinafter referred to collectively here as a “refund”) based on all of the types of benefits and coverage provided under the insurance contract, the portion of the refund (including related tax) related to the premium paid for an individual must be subtracted from the value of the coverage to be included in the amount in box A of the RL-22 slip (see courtesy translation RL-22-T).

The portion of such a refund to be subtracted from the value of the coverage is calculated as follows:

If the refund (including related tax) is based only on certain types of benefits and coverage provided under the insurance contract, the refund is divided only among those individuals who have the type of benefits or coverage concerned.

If you distribute to individuals the portion of the refund that corresponds to their share in the cost of the plan, the amount they received must not be included in their income from an office or employment.