The Life Insurance Replacement Declaration (LIRD) allows consumers to better consider the merits of replacing an existing life insurance policy, as the form sets out a number of important questions that the consumer may wish to consider when making their decision. All provinces except Québec require the use of the LIRD. In the Northwest Territories, Nunavut and Yukon, it is recommended that agents use the LIRD. In British Columbia, licensees must complete the Mandatory Declaration Statement as required by the Insurance Contracts (Life Insurance Replacement) Regulation under the Financial Institutions Act. https://lautorite.qc.ca/en/professionals/firms-and-representatives/obligations-and-administrative-procedures/procedure-for-the-replacement-of-insurance-contracts/

Please consult the regulator in Québec or British Columbia for the specific requirements in those provinces