Restricted Insurance Agency Rules Consultation
The Insurance Council of BC (Insurance Council) is accepting feedback from licensees, industry stakeholders and the public regarding amendments to Council Rules to implement the Restricted Insurance Agency Licence. Information provided will help inform the Insurance Council’s rule change request to be submitted to the Minister of Finance.
Consultation will close April 27, 2026 (3pm PT).
The proposed rule amendments are grouped by topic rather than in numerical order.
The rules and definitions being considered include:
- Definitions
- New definitions
- Amended definition
- Repealed definition
- Licence and application requirements
- Rule 1 - Licence classes
- Rule 2 - Licence qualifications
- Rule 3 - Licence applications
- Rule 7 - Licence conditions
- Ongoing licensure/practice requirements
- Rule 4 - Licence period
- Rule 7 - Licence conditions
- RIA Fees
- Rule 5 - Council fees
- Transition rule
- Rule 9 -Transitional provisions
It should take approximately 30 minutes to complete the full feedback form. If you are unable complete the survey in one sitting, you may exit the survey and return with your progress saved.
For more information, including rationale and anticipated impacts of the rule changes, please visit the consultation page.
For more information, including rationale and anticipated impacts of the rule changes, please visit the consultation page.
If you do not wish to provide input on a specific topic you may leave the question blank and select 'Next' .
Your comments will be provided to the voting members of the Insurance Council for consideration at the close of the consultation period. If the proposed rule changes are submitted for ministerial approval, these comments will be provided to the Minister of Finance as per the Insurance Council Rule-Making Procedure Regulation.
Note: Please use the 'Previous' and 'Next' buttons to navigate within the survey. Using your browser's 'Back' button will result in an error message.