All provinces require completion of a life insurance replacement declaration (LIRD) or equivalent form if intending to replace an existing insurance contract with a new one. The LIRD helps clients think carefully before terminating their existing policy. It contains important questions for them to consider.  When do you need to send a LIRD to Equitable®? Refer to our: LIRD requirements by province      Equitable needs to receive the LIRD only in provinces where it is mandated. Please check the province-specific requirements (linked above).  If a client is replacing a life insurance contract with a new one with us, and the owner lives in one of the specified provinces, the LIRD must be sent to Equitable with the application. It should include a written explanation of the questions reviewed with the client and must be signed and dated.  Important reminder: While you will always complete a LIRD, do not submit the LIRD unless we require it. Doing so may delay the new business process. Note: The LIRD does not terminate the original policy; it indicates intent to do so. Questions? Please contact your local Equitable wholesaler if you need additional information. ® or TM denotes a trademark of The Equitable Life Insurance Company of Canada.