Continuing education reminder
As the annual licence period is coming to a close and a new licence period begins, licensees are reminded that they must meet their annual continuing education requirements by May 31, 2022.
Annual licence renewal: What you need to know about changing your licence status
The process of annual licence renewal (formerly annual filing) opened April 1st. All insurance licensees must complete their annual licence renewal to maintain their licence for the upcoming year.
Level 1 General Insurance Salespersons consulted on competency framework
The Insurance Council is developing competency profiles as a basis for licensing qualifications. The Level 1 General Insurance Salesperson Competency Framework is the Insurance Council’s first initiative of this type, with the goal of creating similar profiles for all types of insurance licenses.
Guidance for life insurance agencies updated
The Insurance Council of BC has updated its guidance for life insurance agencies operating in British Columbia. The newly published Guidelines for Life Insurance Agencies outline and clarify the roles and responsibilities of all life insurance agencies in the distribution of insurance. This includes managing general agents (MGA), associate general agents (AGA) , sub-AGAs, multi-level marketing distribution models and producer groups.
Annual licence renewal is now open
Annual licence renewal opens April 1 and the deadline to renew is June1.