Following the adoption of Bill 141, a number of modifications were made in the area of condominium insurance (known as "divided co-ownership" in Quebec). Various amendments to the provincial Civil Code came into effect on December 13, 2018.

In line with these changes, the Insurance Bureau of Canada (IBC) adapted the wording of two of its forms for co-owner occupants (BAC 1510Q/BAC 1511Q) made available to insurers.

The updated versions of these forms came into effect on March 15 and should be reflected in the co-ownership insurance contracts offered to your clients. To facilitate implementation, the IBC also issued a rider (BAC 1599Q) pertaining to changes to co-ownership insurance contracts (this rider offers the same types of coverage as on the revised forms).

If you would like additional information on these updated forms, please contact your representative or speak directly with the IBC's information centre.

Please note that the RCCAQ offers training in the area of co-ownership ; this activity can be arranged for your firm, either on-site or online. For further information, please contact us.