BILL M237 – 2026
INSURANCE (VEHICLE) AMENDMENT ACT, 2026
HIS MAJESTY, by and with the advice and consent of
the Legislative Assembly of the Province of British Columbia, enacts as
follows:
Insurance (Vehicle) Act
1 Section 165 of the Insurance (Vehicle) Act, R.S.B.C. 1996, c. 231, is amended by adding the following subsection:
(6) Despite any provision of this Act or any other
enactment, the time period within which to make a claim for benefits in
respect of a catastrophic injury sustained on or after May 1, 2021 ends
on the later of the following:
(a) the date on which the prescribed time period ends; or
(b) the date that is two years after the coming into force of this subsection.
Permanent Impairment Regulation
2 Section 2 (2) (b) of the Permanent Impairment Regulation, B.C. Reg. 61/2021, is amended by striking out "two" and substituting "one".
Commencement
3 The provisions of this Act referred to in column 1 of the following table come into force as set out in column 2 of the table:
|
| Item |
Column 1
Provisions of Act |
Column 2
Commencement |
| 1 |
Section 1 |
The date of Royal Assent |
| 2 |
Section 2 |
May 1, 2021 |
Explanatory Notes
CLAUSE 1: [Insurance (Vehicle) Act, section 163] extends the time period within which an individual can make a claim for benefits in respect of a catastrophic injury.
CLAUSE 2: [Permanent Impairment Regulation, section 2] reduces the number of amputations required for an insured to sustain a catastrophic injury.
|