Annual licence renewal is done through the Insurance Council's online portal and consists of several steps, but includes two key components:
Submitting the annual licence renewal declarations, and
Submitting payment for the annual licence fee.
CE and E&O insurance requirements must be met before renewal
Council Rule 4(4) requires licensees to have met their continuing education (CE) and errors and omissions (E&O) insurance requirements before they are able to renew their licence. Licensees who cannot confirm that they have met their CE requirements and/or do not have the required E&O insurance will not be able to renew their licence.
All licensees regardless of licence status or working status are still required to complete annual CE credits. Licensees who are anticipating that they will not be able to meet CE requirements due to extenuating circumstances and are not working should contact the Practice and Quality Assurance team early to ensure there is enough time to review the situation and consider what steps, if any, are available to avoid a lapse in licensure or the cancellation of their licence. To understand your CE and E&O insurance requirements, visit: Licensee Responsibilities.
About Annual Licence Renewal
Who needs to complete annual licence renewal?
All insurance licensees must submit an annual licence renewal declaration and fee for each licence held, whether their licence status is active, inactive, or suspended. The renewal deadlines are the same for all licensees, regardless of the class of licence. All licensees must submit their declarations, regardless of who pays the annual licence fee.
Nominees are reminded that an annual licence renewal declaration and fee is required for each agency/firm licence, in addition to their own individual licence.
How much is the annual licence fee?
Please see Licensing Fees.
It is the responsibility of the individual licensee to ensure that the annual licence fee is received by the Insurance Council, even if they have an agreement with their agency or firm to submit the payment on the licensee's behalf.
How do I submit my annual licence renewal?
All annual licence renewal declarations and payments are done via the online portal.
Sign into the Insurance Council's online portal.
Complete the annual licence renewal declarations and pay your fee with Visa, Mastercard, Amex, or Interac Online debit. If your agency or firm is submitting your fee, you must submit your own declarations and then follow-up with them to confirm that the fee has been paid.
Step-by-step instructions can be found here. More information and FAQ for the online portal can be found here.
How to complete your annual Licence Renewal 2025
What is an annual licence renewal 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, including confirmation that the licensee has completed their CE credits for the prior licence year (from June 1 to May 31). No supporting documentation needs to be submitted at the time that the declarations are made, but licensees should maintain proper records in case they are audited by the Insurance Council.
Have questions?
Our online portal support team can assist with accessing your online portal account or navigating the renewal process on the portal. Please email portal@insurancecouncilofbc.com or call 604-695-2005 or call 1-877-688-0321 and press 6.
Our Practice and Quality Assurance team can assist with practice questions or any questions related to the declaration statements. Please email practice@insurancecouncilofbc.com or call 604-695-2008 or call 1-877-688-0321 and press 3.
Our Licensing team can assist with upgrades and changes to your licence (add/removing a supervisor, add/removing authorization to represent an agency or firm, name changes, or to upgrade your licence) as well as cancellation. Please email licensing@insurancecouncilofbc.com or call 604-695-2007 or call 1-877-688-0321 and press 2.