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Difference between revisions of "Introduction to ICBC Automobile Insurance (12:I)"
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Introduction to ICBC Automobile Insurance (12:I) (view source)
Revision as of 08:04, 12 August 2019
, 08:04, 12 August 2019→B. Application of the Current Legislation, and Transitional Provisions
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Generally, it is safe to say that the IVA and the IVR, taken as a whole, apply to: | Generally, it is safe to say that the IVA and the IVR, taken as a whole, apply to: | ||
*Insurance policies under the universal compulsory vehicle insurance plan set out by the Act (the “plan”) that take effect on or after June 1, 2007; | *'''Insurance policies''' under the universal compulsory vehicle insurance plan set out by the Act (the “plan”) that take effect on or after June 1, 2007; | ||
*Optional insurance contracts that take effect on or after June 1, 2007; | *Optional '''insurance contracts''' that take effect on or after June 1, 2007; | ||
*Any claims that arise under these insurance plans or contracts; and | *Any '''claims''' that arise under these insurance plans or contracts; and | ||
*Insured persons, and insurers, and ICBC in relation to these insurance plans or contracts. | *'''Insured persons''', and '''insurers''', and '''ICBC''' in relation to these insurance plans or contracts. | ||
:'''NOTE:''' TThe critical time to look at is the date on which the individual insurance policy or contract came into effect, or was renewed. | :'''NOTE:''' TThe critical time to look at is the date on which the individual insurance policy or contract came into effect, or was renewed. | ||
