Annual Filing
Annual filing for all licensees opens April 1, 2021. The deadline to complete your annual filing is June 1, 2021.
Filing is done through the Insurance Council's Online Portal and consists of:
- Completing the Filing Declaration;
- Remitting the Annual Filing Fee.
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About Annual Filing
Who Needs to Complete Annual Filing?
All insurance licensees must submit an annual filing declaration 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. All licensees must submit a declaration, regardless of who pays the annual filing fee.
Nominees are reminded that an annual filing and filing fee is required for each corporate licence, in addition to their own individual licence.
How Much Is The Annual Filing Fee?
Received by June 1, 2021: |
$225 (includes Government Fee) |
Received by August 3, 2021*: |
$425 (includes Government Fee and $200 late fee) |
*Licensees who have not submitted their filing(s) by August 3, 2021 will have their licence(s) automatically terminated.
It is the responsibility of the individual licensee to ensure that the filing fee is received by the Insurance Council, even if their agency is submitting the payment on their behalf
How Do I Submit My Annual Filing?
All filing declarations and payments must be done via the online portal. The Insurance Council has discontinued the paper filing form. Furthermore, due to COVID-19 the Insurance Council's office is closed to the public and payment cannot be accepted in-person.
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Sign into Council's online portal.
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Complete a filing declaration and pay your annual filing fee with Visa, Mastercard, or Interac Online debit. (If your agency is submitting your fee, follow-up with your agency to confirm that the fee has been paid).
Detailed instructions for individual filings and bulk filings are available. More information and an FAQ for the Online Portal can be found here.
What is a filing declaration?
Depending on the type and class of licence held with the Insurance Council, licensees will be asked to confirm a number of statements related to their licence requirements. No supporting documentation needs to be submitted at the time that the declaration is made, but licensees should maintain proper records in case they are audited by the Insurance Council.
Have Questions?
See our frequently asked questions are below or contact our filing support team at
filingsupport@insurancecouncilofbc.com or by calling 604-688-0321 or 1-877-688-0321 (toll-free within Canada) and dialing extension 7.
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