LLQP (Life Licence Qualification Program) exam prerequisites, course information, and other life insurance licence qualifications and requirements for individuals, partnerships, or corporations in BC.
Council makes every effort to keep the LLQP information regularly updated. Please check back often.
Council is here to help. Your insurance licensee resources include compliance information such as licensee responsibilities; council rules; continuing education; disciplinary decisions and process; and other useful information for licensed individuals, partnerships, or corporations in BC.
Council makes every effort to keep insurance licensee resources regularly updated. Please check back often.
All insurance licensees must submit an annual filing and filing fee for each licence held, whether their licence status is active, inactive, or suspended. The filing deadlines and fees are the same for all licensees, regardless of the class of licence held. Nominees are reminded that an annual filing and filing fee is also required for each corporate licence.
It is the responsibility of the individual licensee to ensure that the filing fee is paid and received by Council, even if the licensee's agency is submitting the payment on their behalf.
Annual filings submitted by mail may take up to 10 business days from receipt of payment to process. Credit card and debit payments submitted online will be processed immediately. To avoid late filing fees, licensees are encouraged to file early and file online.
The 2019 filing fee is $225.00 if received in Council's office by June 3, 2019. Filings received after June 3, 2019 are subject to a late filing fee of $200.00 for a total filing fee of $425.00. Licensees who have not submitted their filing(s) by August 6, 2019 will have their licence(s) automatically terminated.
Filing fees and payments can be submitted:
* Due to volume, filings received in Council's office after May 15, 2019 will take longer to process and licensees may not be able to confirm their filing has been received and processed until after the first filing deadline. This could result in late filing fees if Council did not receive the filing due to circumstance outside of its control, such as delivery delays. Licensees are encouraged to file online via Visa, Mastercard, or debit as the next filing date is updated on the Licensee Directory as soon as the payment is processed.
Before submitting an annual filing, please review all Council Rules to ensure compliance with all required licensee responsibilities.
Where a licensee has not met the filing requirements by August 6, 2019, the licence will be automatically terminated. To reinstate an insurance licence, please review the Reactivation Provision for more information.
If your licence is terminated for non-filing, you are not permitted to conduct insurance business in British Columbia until Council has approved your licence application.
If your licence was issued between March 1 and May 31, 2019, your first annual filing date is June 1, 2020; therefore, you do not need to submit an annual filing this year.
Click to access the Individual Annual Filing Form
Click to access the Corporate Annual Filing Form
The filing form this year must be signed by each individual licensees. As an alternative to submitting a filing form for each licensee, general agencies may ask their licensees to create an account on the online portal and submit the filing declaration on the portal. When the agency logs into their online portal account, they will see a list of licensees who have completed the declaration and can then submit payment for all of the licensees in the list via Visa, Mastercard, or debit. Alternatively, the list of licensees who have completed the declaration can be exported from the portal and submitted to Council by mail with a cheque or money order. Click here to access instructions on how an agency can use the portal.
Please note that Council's system is not currently allowing agencies to submit the online declaration if the fee is not paid online. If you are downloading a list of licensee declarations and are submitting filing fees by cheque, you will need to submit a filing form for the agency.
You will not be able to edit your contact information during the account creation process. As long as that contact information did belong to you at some point in the past, you can verify it in order to finish setting up your account.
Once you're logged into your account, click on "My Account" in the grey bar on the homepage. Click on "Action" next to one of your addresses and then click "Edit" from the dropdown. This will take you to a screen where you can update all of your contact information.
General insurance licensees can complete the online declaration and then select "My agency will pay." Licensees are encouraged to speak with their agency to determine whether the agency prefers the online declaration or the traditional paper form.
It is the individual licensee’s responsibility to ensure that this fee is paid, even if the agency is submitting it on your behalf. You can check the next filing date on our website in the Licensee Directory, and follow up with your agency as needed. Your filing is not complete until the next filing date displays as June 1, 2020.