ICBC Enhanced Care System and Optional Insurance (12:IV): Difference between revisions
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ICBC Enhanced Care System and Optional Insurance (12:IV) (view source)
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{{LSLAP Manual TOC|expanded = ICBC}} | {{LSLAP Manual TOC|expanded = ICBC}} | ||
{{LSLAP 12 New System Notice}} | {{LSLAP 12 New System Notice}} | ||
'''This section applies to all claims for accidents that occurred on or after May 1, 2021.''' | |||
Optional Insurance Contracts (“OICs”) are additional optional coverage that any person can purchase at their discretion. These typically either extend the limits of existing coverage (under the same terms and conditions as the coverage that is being extended), or provide coverage that is not already provided for (''IVA'', s 61(1)). OICs can be purchased through private insurers or through ICBC. | Optional Insurance Contracts (“OICs”) are additional optional coverage that any person can purchase at their discretion. These typically either extend the limits of existing coverage (under the same terms and conditions as the coverage that is being extended), or provide coverage that is not already provided for (''IVA'', s 61(1)). OICs can be purchased through private insurers or through ICBC. | ||
