16
Pacific Place Group website at: www.pacificplacegroup.com Real Estate website at: www.pacificevergreenrealty.com 3PM website: www.3pmbc.com Observances & Fun Facts Jan 1 New Years Day Jan is Alzheimer Awareness month Birthstone: Garnet Flower: Carnation January Seminars All scheduled in person seminars will be online webinars until further notice. Watch for email for upcoming webinars. January NEWSLETTER Pacific Place Property Management Inc. As a reminder all of our offices are open. Broadway office (Head Office) will be closed on Saturdays until further notice. We hope you and your families are doing well and please abide by our health officials and stay at home, wash hands frequently and mind your social distance. Lets all be part of the solution and get over this pandemic as quickly as possible. Holiday office hours: Friday Jan 1 Closed Saturday Jan 2 Closed Sunday Jan 3 Closed Monday Jan 4 Open 9-5

January Seminars All scheduled in person seminars will be

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Page 1: January Seminars All scheduled in person seminars will be

Pacific Place Group website at

wwwpacificplacegroupcom

Real Estate website at

wwwpacificevergreenrealtycom

3PM website

www3pmbccom

Observances amp Fun Facts

Jan 1 New Yearrsquos Day

Jan is Alzheimer Awareness month

Birthstone Garnet

Flower Carnation

January Seminars

All scheduled in person

seminars will be online webinars until further notice

Watch for email for upcoming

webinars January

NEWSLETTER

Pacific Place Property Management Inc

As a reminder all of our offices are open

Broadway office (Head Office) will be closed on

Saturdays until further notice

We hope you and your families are doing well and

please abide by our health officials and stay at

home wash hands frequently and mind your social

distance

Letrsquos all be part of the solution and get over this

pandemic as quickly as possible

Holiday office hours

Friday Jan 1 Closed

Saturday Jan 2 Closed

Sunday Jan 3 Closed

Monday Jan 4 Open 9-5

VancouvermdashHead office Surrey

102mdash1245 W Broadway Surrey Central Business Park

Vancouver BC V6H 1G7 100-7565 132nd Street

Tel 604-267-1833 Surrey BC V3W 1K5

Tel 778-945-9611

Burnaby Richmond

Metrotown Centre - Metrotower 1 Airport Executive Park

2129-4710 Kingsway 130-10271 Shellbridge Way

Burnaby BC V5H 4J5 Richmond BC V6X 2W8

Tel 778-945-6900 Tel 236-521-3799

Office Locations

Pacific Place

Property Management Inc

Administration Roles and Responsibilities mdash Jan 1 2021

Wayne Yu Corporate Manager 604-267-1833 EXT 231

Yim Yu Account Manager 604-267-1833 EXT 231

Mimi Sum Operations Co-ordinator 604-267-1833 EXT 232

Pacific Place-Financial Services IncBridgeforce Pacific Place (Financial Services Division) Tel 604-267-1833

Hendry Liu General Manager EXT 235

Jim Lew Director of Business Development Tel 604-558-7610 or EXT 103

Mable Wong HR Manager Tel 604-558-7611

Mable Wong Compliance Manager Tel 604-558-7611

Mable Wong New Business (Life amp Inv) Manulife Equitable Foresters Tel 604-558-7611

Mimi Sum Manulife Inv Group EXT 232

Elia Chan Contracting Tel 604-558-7617

Elia Chan New Business (Life amp Inv) BMO IA Financial Tel 604-558-7617

Winnie Chan Office Administrator Tel 604-558-7614

Evelyn Ye Commissions Tel 604-558-7614

Vicky Zhang Policy Service Office Administrator (Surrey) Tel778-945-9611

Tiffany Tang New businessInvestments Assumption Canada Life CPP DFS Tel 604-558-7609

Empire Life Humania Ivari RBC SSQ Sunlife The Edge IA Excellence

Seminar bookings and updates on Virtgate

Vancouver Burnaby Surrey Richmond

Pacific Place-Insurance Services Inc (General Insurance Division) Tel 604-267-1833

Kate Zhang House Ins New Quote amp Endorsements Claims EXT 228

Angus Yiu Systems Administrator EXT 225

Angus Yiu Condo Quotes EXT 225

Angus Yiu Commercial Insurance EXT 225

Tiffany Yu Renewal Reminder and payments EXT 226

Hendry Liu Commercial Insurance EXT 239

Lana Chen ICBC Customer Services Representative ICBC Batching EXT 237

Brian Ma ICBC Customer Service representative Condo Quotes Payments EXT 226

Pacific Place-Arc Realty Ltd (Real Estate Division) Tel 604-267-1833

Lo-Ming Lee Managing Director EXT 233

Richard Lui Managing Broker 236-521-3789

Teresa Chiang Real Estate Conveyancer EXT 241

Shan Shan Cheng Office Administrator (Rmd) 236-521-3799

Pacific Evergreen Realty Ltd (Real Estate Division) Tel 604-267-1833

David Yang Managing Partner Tel 604-250-3696

Lo-Ming Lee Managing Director EXT 233

Richard Lui Managing Broker 236-521-3789

Julia He Real Estate Conveyancer EXT 224

Yiyi An AdministratorReal Estate Conveyancer Tel 604-558-7608

Sherry Yu Marketing Graphic Designer (PER) Tel 236-521-3799

Shan Shan Cheng Office Administrator (Rmd) Tel 236-521-3799

Pacific Place Property Management Ltd (Property Management Division) Tel 236-521-3790

Jimmy Ng Managing Broker 778-788-0013

Khai Ho Property ManagerService Manager 778-953-6396

Sela Li Business Support Executive 236-521-3790

Jessica Hong Assistant Property Manager 236-521-3790

Pacific Place

Property Management Inc

Insurance Software - Current Versions

Company Software Name Version Release Date Download

Assumption Life LIA 106 Aug 2020 Download

BMO Insurance The Wave 440 Nov 2020 Download

Canada Life Concourse 44 Oct 2020 Download

Canada Protection Plan eAccess 63 Aug 2020 Website

Desjardins Insurance Online Illustrator 78 NA Website

The Edge Online Illustration NA NA Website

Empire Life Envision Plus 120 Nov 2020 Download

Equitable Life Sales Illustration 2020-3 Dec 2020 Download

Foresters Financial Sky 20181 Sept 2020 Download

Humania Assurance Illustration 20191 July 2019 Download

IA Financial Interface 91 Aug 2020 Download

IA Excellence Assure amp Go NA NA Website

Ivari Lifeview 1210 May 2020 Download

La Capital Illustration System 914 April 2020 Download

Manulife Financial Diamond View 1608 Aug 2020 Download

RBC Insurance Illustrations 112 62B46 oct 2020 Download

SSQ Illustration Software 91 Dec 2019 Download

Sun Life EOS 72 Apr 2020 Download

Illustrations 55 Jan 2020 Download

Online Illustrator NA NA Website

UV Insurance Illustration Software 21002 Feb 2020 Download

BREAKING NEWS - News from Desjardins Insurance

Discover how Class Plus 30 is an ideal solution for converting an RRSP into a RRIF

Electronic Policy Delivery Tips and Tricks - Updated

COVID-19 Update - Restarting paper contract delivery

Its here Increased limits for our

accelerated underwriting process

See the benefits for advisors

Personal Health amp Dental Plans

Canada Life Day Sessions available on demand

Just Launched New CI Products from Foresters Financial

New CI products and e-App now available

iA Mobile | Top-up your savings wherever whenever

Important information for 2020 tax reporting

Back to Basics - Creditor Insurance Concept

Policy Changes with underwriting

Advantage Account 215 interest rate offer

Digital Client Engagement

Answers to your questions

Additional RBC Insurance fillable forms now available

COVID-19 - Extended flexibility period for the temporary

life and critical illness underwriting measures

Final Sprint Promotion

ldquoQuote of the monthrdquo

Advisor Insurance amp Financial Services KEY RESPONSIBILITIES

You will be actively working to develop and grow your client base and providing solutions including Insurance Employee Benefits Retirement Planning andor Investments

Planning building and execution of a business sales plan

You are a true client relationship advisor who looks for opportunities to refer and receive referrals

You will participate with all the companyrsquos marketing activities and contribute your ideas towards their effectiveness and contributing towards their positive results

Building and growing your centers of influences

Keeping up to date with industry and regulatory trends and changes

Working with all lines of Pacific Place Financial Services Bridgeforce Pacific Place business offerings

DESIRED SKILLS amp EXPERIENCE

Minimum 3 years experience in a similar role and ready to take your career to the next step experienced with Insurance andor Investment Sales an asset but not mandatory

Strong listening skills and willingness to learn

Insurance Licensed (LLQP) and CFP CSC CIM CPA CFA CLU as an asset or working towards such Designation Willingness to obtain LLQP license if not currently licensed

Strong communication skills oral and written

Professional motivated and able to work in a fast-paced dynamic environment Team centered driven and self motivated attitude Compensation commissions + marketing support + mentorship + coaching + networking avenues Take ad-vantage of this opportunity to work alongside some of the top minds in the industry and benefit from the structure support and resources necessary to push your success to the next level Please send a cover let-ter and your resume to talentpacificplacegroupcom with ldquoCareerrdquo in the subject line

We thank all applicants who apply but only those candidates selected for an interview will be contacted

If you know of anyone who maybe interested in a career in Financial Services please have them send in their resume for in interview talentpacificplacegroupcom

In the News at PPIS _________________________________

Keeping you informed

Welcome

At Pacific Place Insurance

Services we like to keep our

agents informed We hope

you find this update useful

Enjoy

ICBC is paving the way for the introduction of Enhanced Care coverage next year when BC drivers will see average savings of 20 on their full basic and optional vehicle insurance

As part of these savings ICBC will apply to the British Columbia Utilities Commission (BCUC) tomorrow (December 15 2020) for its largest basic rate decrease in more than 40 years ndash a de-crease of 15 The rate application will cover the next two years rather than the typical one-year duration which will help provide greater rate stability

Read the full announcement via the BC governments news re-

lease and backgrounder

Because Enhanced Care coverage will remove the adversarial approach of suing drivers and the hundreds of millions of dollars going towards lawyers and legal fees the overall costs of our insurance system will reduce dramatically We forecast cost savings at more than $15 billion in the first full year of Enhanced Care coverage These savings will be passed on to British Columbians in the form of lower insurance rates an average saving of $400 per policy It also ensures more money goes directly to the injured customer rather

than to lawyerrsquos contingency fees and expert reports

AT FAULT IN A SINGLE VEHICLE CRASH

Lauren 29 was driving home one night on Vancouver Island and swerved to avoid hitting a deer She lost control of her car and crashed into an embankment Her spinal cord injury resulted in a permanent disability and she was unable to continue to work

In todayrsquos system Laurenrsquos accident benefits cover her care and recovery costs up to $300000 Because it was a single vehicle accident she is considered at fault for the crash and has no one to sue for additional compensation But she now needs long-term care and treatment and todayrsquos $300000 limit wonrsquot be enough to care for her over her lifetime In fact it may run out after only a few years

Under the new Enhanced Care coverage the overall maximum for medical care and recovery expenses is 24 times the amount it is today enough to care for her over her lifetime Lauren will also receive 90 per cent of her net income and permanent impairment compensation up to $250000 depending on the severity of her permanent disability Lauren can be assured shersquoll be able to get the care and financial support she needs for as long as she needs it

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca

Page 2: January Seminars All scheduled in person seminars will be

VancouvermdashHead office Surrey

102mdash1245 W Broadway Surrey Central Business Park

Vancouver BC V6H 1G7 100-7565 132nd Street

Tel 604-267-1833 Surrey BC V3W 1K5

Tel 778-945-9611

Burnaby Richmond

Metrotown Centre - Metrotower 1 Airport Executive Park

2129-4710 Kingsway 130-10271 Shellbridge Way

Burnaby BC V5H 4J5 Richmond BC V6X 2W8

Tel 778-945-6900 Tel 236-521-3799

Office Locations

Pacific Place

Property Management Inc

Administration Roles and Responsibilities mdash Jan 1 2021

Wayne Yu Corporate Manager 604-267-1833 EXT 231

Yim Yu Account Manager 604-267-1833 EXT 231

Mimi Sum Operations Co-ordinator 604-267-1833 EXT 232

Pacific Place-Financial Services IncBridgeforce Pacific Place (Financial Services Division) Tel 604-267-1833

Hendry Liu General Manager EXT 235

Jim Lew Director of Business Development Tel 604-558-7610 or EXT 103

Mable Wong HR Manager Tel 604-558-7611

Mable Wong Compliance Manager Tel 604-558-7611

Mable Wong New Business (Life amp Inv) Manulife Equitable Foresters Tel 604-558-7611

Mimi Sum Manulife Inv Group EXT 232

Elia Chan Contracting Tel 604-558-7617

Elia Chan New Business (Life amp Inv) BMO IA Financial Tel 604-558-7617

Winnie Chan Office Administrator Tel 604-558-7614

Evelyn Ye Commissions Tel 604-558-7614

Vicky Zhang Policy Service Office Administrator (Surrey) Tel778-945-9611

Tiffany Tang New businessInvestments Assumption Canada Life CPP DFS Tel 604-558-7609

Empire Life Humania Ivari RBC SSQ Sunlife The Edge IA Excellence

Seminar bookings and updates on Virtgate

Vancouver Burnaby Surrey Richmond

Pacific Place-Insurance Services Inc (General Insurance Division) Tel 604-267-1833

Kate Zhang House Ins New Quote amp Endorsements Claims EXT 228

Angus Yiu Systems Administrator EXT 225

Angus Yiu Condo Quotes EXT 225

Angus Yiu Commercial Insurance EXT 225

Tiffany Yu Renewal Reminder and payments EXT 226

Hendry Liu Commercial Insurance EXT 239

Lana Chen ICBC Customer Services Representative ICBC Batching EXT 237

Brian Ma ICBC Customer Service representative Condo Quotes Payments EXT 226

Pacific Place-Arc Realty Ltd (Real Estate Division) Tel 604-267-1833

Lo-Ming Lee Managing Director EXT 233

Richard Lui Managing Broker 236-521-3789

Teresa Chiang Real Estate Conveyancer EXT 241

Shan Shan Cheng Office Administrator (Rmd) 236-521-3799

Pacific Evergreen Realty Ltd (Real Estate Division) Tel 604-267-1833

David Yang Managing Partner Tel 604-250-3696

Lo-Ming Lee Managing Director EXT 233

Richard Lui Managing Broker 236-521-3789

Julia He Real Estate Conveyancer EXT 224

Yiyi An AdministratorReal Estate Conveyancer Tel 604-558-7608

Sherry Yu Marketing Graphic Designer (PER) Tel 236-521-3799

Shan Shan Cheng Office Administrator (Rmd) Tel 236-521-3799

Pacific Place Property Management Ltd (Property Management Division) Tel 236-521-3790

Jimmy Ng Managing Broker 778-788-0013

Khai Ho Property ManagerService Manager 778-953-6396

Sela Li Business Support Executive 236-521-3790

Jessica Hong Assistant Property Manager 236-521-3790

Pacific Place

Property Management Inc

Insurance Software - Current Versions

Company Software Name Version Release Date Download

Assumption Life LIA 106 Aug 2020 Download

BMO Insurance The Wave 440 Nov 2020 Download

Canada Life Concourse 44 Oct 2020 Download

Canada Protection Plan eAccess 63 Aug 2020 Website

Desjardins Insurance Online Illustrator 78 NA Website

The Edge Online Illustration NA NA Website

Empire Life Envision Plus 120 Nov 2020 Download

Equitable Life Sales Illustration 2020-3 Dec 2020 Download

Foresters Financial Sky 20181 Sept 2020 Download

Humania Assurance Illustration 20191 July 2019 Download

IA Financial Interface 91 Aug 2020 Download

IA Excellence Assure amp Go NA NA Website

Ivari Lifeview 1210 May 2020 Download

La Capital Illustration System 914 April 2020 Download

Manulife Financial Diamond View 1608 Aug 2020 Download

RBC Insurance Illustrations 112 62B46 oct 2020 Download

SSQ Illustration Software 91 Dec 2019 Download

Sun Life EOS 72 Apr 2020 Download

Illustrations 55 Jan 2020 Download

Online Illustrator NA NA Website

UV Insurance Illustration Software 21002 Feb 2020 Download

BREAKING NEWS - News from Desjardins Insurance

Discover how Class Plus 30 is an ideal solution for converting an RRSP into a RRIF

Electronic Policy Delivery Tips and Tricks - Updated

COVID-19 Update - Restarting paper contract delivery

Its here Increased limits for our

accelerated underwriting process

See the benefits for advisors

Personal Health amp Dental Plans

Canada Life Day Sessions available on demand

Just Launched New CI Products from Foresters Financial

New CI products and e-App now available

iA Mobile | Top-up your savings wherever whenever

Important information for 2020 tax reporting

Back to Basics - Creditor Insurance Concept

Policy Changes with underwriting

Advantage Account 215 interest rate offer

Digital Client Engagement

Answers to your questions

Additional RBC Insurance fillable forms now available

COVID-19 - Extended flexibility period for the temporary

life and critical illness underwriting measures

Final Sprint Promotion

ldquoQuote of the monthrdquo

Advisor Insurance amp Financial Services KEY RESPONSIBILITIES

You will be actively working to develop and grow your client base and providing solutions including Insurance Employee Benefits Retirement Planning andor Investments

Planning building and execution of a business sales plan

You are a true client relationship advisor who looks for opportunities to refer and receive referrals

You will participate with all the companyrsquos marketing activities and contribute your ideas towards their effectiveness and contributing towards their positive results

Building and growing your centers of influences

Keeping up to date with industry and regulatory trends and changes

Working with all lines of Pacific Place Financial Services Bridgeforce Pacific Place business offerings

DESIRED SKILLS amp EXPERIENCE

Minimum 3 years experience in a similar role and ready to take your career to the next step experienced with Insurance andor Investment Sales an asset but not mandatory

Strong listening skills and willingness to learn

Insurance Licensed (LLQP) and CFP CSC CIM CPA CFA CLU as an asset or working towards such Designation Willingness to obtain LLQP license if not currently licensed

Strong communication skills oral and written

Professional motivated and able to work in a fast-paced dynamic environment Team centered driven and self motivated attitude Compensation commissions + marketing support + mentorship + coaching + networking avenues Take ad-vantage of this opportunity to work alongside some of the top minds in the industry and benefit from the structure support and resources necessary to push your success to the next level Please send a cover let-ter and your resume to talentpacificplacegroupcom with ldquoCareerrdquo in the subject line

We thank all applicants who apply but only those candidates selected for an interview will be contacted

If you know of anyone who maybe interested in a career in Financial Services please have them send in their resume for in interview talentpacificplacegroupcom

In the News at PPIS _________________________________

Keeping you informed

Welcome

At Pacific Place Insurance

Services we like to keep our

agents informed We hope

you find this update useful

Enjoy

ICBC is paving the way for the introduction of Enhanced Care coverage next year when BC drivers will see average savings of 20 on their full basic and optional vehicle insurance

As part of these savings ICBC will apply to the British Columbia Utilities Commission (BCUC) tomorrow (December 15 2020) for its largest basic rate decrease in more than 40 years ndash a de-crease of 15 The rate application will cover the next two years rather than the typical one-year duration which will help provide greater rate stability

Read the full announcement via the BC governments news re-

lease and backgrounder

Because Enhanced Care coverage will remove the adversarial approach of suing drivers and the hundreds of millions of dollars going towards lawyers and legal fees the overall costs of our insurance system will reduce dramatically We forecast cost savings at more than $15 billion in the first full year of Enhanced Care coverage These savings will be passed on to British Columbians in the form of lower insurance rates an average saving of $400 per policy It also ensures more money goes directly to the injured customer rather

than to lawyerrsquos contingency fees and expert reports

AT FAULT IN A SINGLE VEHICLE CRASH

Lauren 29 was driving home one night on Vancouver Island and swerved to avoid hitting a deer She lost control of her car and crashed into an embankment Her spinal cord injury resulted in a permanent disability and she was unable to continue to work

In todayrsquos system Laurenrsquos accident benefits cover her care and recovery costs up to $300000 Because it was a single vehicle accident she is considered at fault for the crash and has no one to sue for additional compensation But she now needs long-term care and treatment and todayrsquos $300000 limit wonrsquot be enough to care for her over her lifetime In fact it may run out after only a few years

Under the new Enhanced Care coverage the overall maximum for medical care and recovery expenses is 24 times the amount it is today enough to care for her over her lifetime Lauren will also receive 90 per cent of her net income and permanent impairment compensation up to $250000 depending on the severity of her permanent disability Lauren can be assured shersquoll be able to get the care and financial support she needs for as long as she needs it

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca

Page 3: January Seminars All scheduled in person seminars will be

Administration Roles and Responsibilities mdash Jan 1 2021

Wayne Yu Corporate Manager 604-267-1833 EXT 231

Yim Yu Account Manager 604-267-1833 EXT 231

Mimi Sum Operations Co-ordinator 604-267-1833 EXT 232

Pacific Place-Financial Services IncBridgeforce Pacific Place (Financial Services Division) Tel 604-267-1833

Hendry Liu General Manager EXT 235

Jim Lew Director of Business Development Tel 604-558-7610 or EXT 103

Mable Wong HR Manager Tel 604-558-7611

Mable Wong Compliance Manager Tel 604-558-7611

Mable Wong New Business (Life amp Inv) Manulife Equitable Foresters Tel 604-558-7611

Mimi Sum Manulife Inv Group EXT 232

Elia Chan Contracting Tel 604-558-7617

Elia Chan New Business (Life amp Inv) BMO IA Financial Tel 604-558-7617

Winnie Chan Office Administrator Tel 604-558-7614

Evelyn Ye Commissions Tel 604-558-7614

Vicky Zhang Policy Service Office Administrator (Surrey) Tel778-945-9611

Tiffany Tang New businessInvestments Assumption Canada Life CPP DFS Tel 604-558-7609

Empire Life Humania Ivari RBC SSQ Sunlife The Edge IA Excellence

Seminar bookings and updates on Virtgate

Vancouver Burnaby Surrey Richmond

Pacific Place-Insurance Services Inc (General Insurance Division) Tel 604-267-1833

Kate Zhang House Ins New Quote amp Endorsements Claims EXT 228

Angus Yiu Systems Administrator EXT 225

Angus Yiu Condo Quotes EXT 225

Angus Yiu Commercial Insurance EXT 225

Tiffany Yu Renewal Reminder and payments EXT 226

Hendry Liu Commercial Insurance EXT 239

Lana Chen ICBC Customer Services Representative ICBC Batching EXT 237

Brian Ma ICBC Customer Service representative Condo Quotes Payments EXT 226

Pacific Place-Arc Realty Ltd (Real Estate Division) Tel 604-267-1833

Lo-Ming Lee Managing Director EXT 233

Richard Lui Managing Broker 236-521-3789

Teresa Chiang Real Estate Conveyancer EXT 241

Shan Shan Cheng Office Administrator (Rmd) 236-521-3799

Pacific Evergreen Realty Ltd (Real Estate Division) Tel 604-267-1833

David Yang Managing Partner Tel 604-250-3696

Lo-Ming Lee Managing Director EXT 233

Richard Lui Managing Broker 236-521-3789

Julia He Real Estate Conveyancer EXT 224

Yiyi An AdministratorReal Estate Conveyancer Tel 604-558-7608

Sherry Yu Marketing Graphic Designer (PER) Tel 236-521-3799

Shan Shan Cheng Office Administrator (Rmd) Tel 236-521-3799

Pacific Place Property Management Ltd (Property Management Division) Tel 236-521-3790

Jimmy Ng Managing Broker 778-788-0013

Khai Ho Property ManagerService Manager 778-953-6396

Sela Li Business Support Executive 236-521-3790

Jessica Hong Assistant Property Manager 236-521-3790

Pacific Place

Property Management Inc

Insurance Software - Current Versions

Company Software Name Version Release Date Download

Assumption Life LIA 106 Aug 2020 Download

BMO Insurance The Wave 440 Nov 2020 Download

Canada Life Concourse 44 Oct 2020 Download

Canada Protection Plan eAccess 63 Aug 2020 Website

Desjardins Insurance Online Illustrator 78 NA Website

The Edge Online Illustration NA NA Website

Empire Life Envision Plus 120 Nov 2020 Download

Equitable Life Sales Illustration 2020-3 Dec 2020 Download

Foresters Financial Sky 20181 Sept 2020 Download

Humania Assurance Illustration 20191 July 2019 Download

IA Financial Interface 91 Aug 2020 Download

IA Excellence Assure amp Go NA NA Website

Ivari Lifeview 1210 May 2020 Download

La Capital Illustration System 914 April 2020 Download

Manulife Financial Diamond View 1608 Aug 2020 Download

RBC Insurance Illustrations 112 62B46 oct 2020 Download

SSQ Illustration Software 91 Dec 2019 Download

Sun Life EOS 72 Apr 2020 Download

Illustrations 55 Jan 2020 Download

Online Illustrator NA NA Website

UV Insurance Illustration Software 21002 Feb 2020 Download

BREAKING NEWS - News from Desjardins Insurance

Discover how Class Plus 30 is an ideal solution for converting an RRSP into a RRIF

Electronic Policy Delivery Tips and Tricks - Updated

COVID-19 Update - Restarting paper contract delivery

Its here Increased limits for our

accelerated underwriting process

See the benefits for advisors

Personal Health amp Dental Plans

Canada Life Day Sessions available on demand

Just Launched New CI Products from Foresters Financial

New CI products and e-App now available

iA Mobile | Top-up your savings wherever whenever

Important information for 2020 tax reporting

Back to Basics - Creditor Insurance Concept

Policy Changes with underwriting

Advantage Account 215 interest rate offer

Digital Client Engagement

Answers to your questions

Additional RBC Insurance fillable forms now available

COVID-19 - Extended flexibility period for the temporary

life and critical illness underwriting measures

Final Sprint Promotion

ldquoQuote of the monthrdquo

Advisor Insurance amp Financial Services KEY RESPONSIBILITIES

You will be actively working to develop and grow your client base and providing solutions including Insurance Employee Benefits Retirement Planning andor Investments

Planning building and execution of a business sales plan

You are a true client relationship advisor who looks for opportunities to refer and receive referrals

You will participate with all the companyrsquos marketing activities and contribute your ideas towards their effectiveness and contributing towards their positive results

Building and growing your centers of influences

Keeping up to date with industry and regulatory trends and changes

Working with all lines of Pacific Place Financial Services Bridgeforce Pacific Place business offerings

DESIRED SKILLS amp EXPERIENCE

Minimum 3 years experience in a similar role and ready to take your career to the next step experienced with Insurance andor Investment Sales an asset but not mandatory

Strong listening skills and willingness to learn

Insurance Licensed (LLQP) and CFP CSC CIM CPA CFA CLU as an asset or working towards such Designation Willingness to obtain LLQP license if not currently licensed

Strong communication skills oral and written

Professional motivated and able to work in a fast-paced dynamic environment Team centered driven and self motivated attitude Compensation commissions + marketing support + mentorship + coaching + networking avenues Take ad-vantage of this opportunity to work alongside some of the top minds in the industry and benefit from the structure support and resources necessary to push your success to the next level Please send a cover let-ter and your resume to talentpacificplacegroupcom with ldquoCareerrdquo in the subject line

We thank all applicants who apply but only those candidates selected for an interview will be contacted

If you know of anyone who maybe interested in a career in Financial Services please have them send in their resume for in interview talentpacificplacegroupcom

In the News at PPIS _________________________________

Keeping you informed

Welcome

At Pacific Place Insurance

Services we like to keep our

agents informed We hope

you find this update useful

Enjoy

ICBC is paving the way for the introduction of Enhanced Care coverage next year when BC drivers will see average savings of 20 on their full basic and optional vehicle insurance

As part of these savings ICBC will apply to the British Columbia Utilities Commission (BCUC) tomorrow (December 15 2020) for its largest basic rate decrease in more than 40 years ndash a de-crease of 15 The rate application will cover the next two years rather than the typical one-year duration which will help provide greater rate stability

Read the full announcement via the BC governments news re-

lease and backgrounder

Because Enhanced Care coverage will remove the adversarial approach of suing drivers and the hundreds of millions of dollars going towards lawyers and legal fees the overall costs of our insurance system will reduce dramatically We forecast cost savings at more than $15 billion in the first full year of Enhanced Care coverage These savings will be passed on to British Columbians in the form of lower insurance rates an average saving of $400 per policy It also ensures more money goes directly to the injured customer rather

than to lawyerrsquos contingency fees and expert reports

AT FAULT IN A SINGLE VEHICLE CRASH

Lauren 29 was driving home one night on Vancouver Island and swerved to avoid hitting a deer She lost control of her car and crashed into an embankment Her spinal cord injury resulted in a permanent disability and she was unable to continue to work

In todayrsquos system Laurenrsquos accident benefits cover her care and recovery costs up to $300000 Because it was a single vehicle accident she is considered at fault for the crash and has no one to sue for additional compensation But she now needs long-term care and treatment and todayrsquos $300000 limit wonrsquot be enough to care for her over her lifetime In fact it may run out after only a few years

Under the new Enhanced Care coverage the overall maximum for medical care and recovery expenses is 24 times the amount it is today enough to care for her over her lifetime Lauren will also receive 90 per cent of her net income and permanent impairment compensation up to $250000 depending on the severity of her permanent disability Lauren can be assured shersquoll be able to get the care and financial support she needs for as long as she needs it

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca

Page 4: January Seminars All scheduled in person seminars will be

Pacific Place-Insurance Services Inc (General Insurance Division) Tel 604-267-1833

Kate Zhang House Ins New Quote amp Endorsements Claims EXT 228

Angus Yiu Systems Administrator EXT 225

Angus Yiu Condo Quotes EXT 225

Angus Yiu Commercial Insurance EXT 225

Tiffany Yu Renewal Reminder and payments EXT 226

Hendry Liu Commercial Insurance EXT 239

Lana Chen ICBC Customer Services Representative ICBC Batching EXT 237

Brian Ma ICBC Customer Service representative Condo Quotes Payments EXT 226

Pacific Place-Arc Realty Ltd (Real Estate Division) Tel 604-267-1833

Lo-Ming Lee Managing Director EXT 233

Richard Lui Managing Broker 236-521-3789

Teresa Chiang Real Estate Conveyancer EXT 241

Shan Shan Cheng Office Administrator (Rmd) 236-521-3799

Pacific Evergreen Realty Ltd (Real Estate Division) Tel 604-267-1833

David Yang Managing Partner Tel 604-250-3696

Lo-Ming Lee Managing Director EXT 233

Richard Lui Managing Broker 236-521-3789

Julia He Real Estate Conveyancer EXT 224

Yiyi An AdministratorReal Estate Conveyancer Tel 604-558-7608

Sherry Yu Marketing Graphic Designer (PER) Tel 236-521-3799

Shan Shan Cheng Office Administrator (Rmd) Tel 236-521-3799

Pacific Place Property Management Ltd (Property Management Division) Tel 236-521-3790

Jimmy Ng Managing Broker 778-788-0013

Khai Ho Property ManagerService Manager 778-953-6396

Sela Li Business Support Executive 236-521-3790

Jessica Hong Assistant Property Manager 236-521-3790

Pacific Place

Property Management Inc

Insurance Software - Current Versions

Company Software Name Version Release Date Download

Assumption Life LIA 106 Aug 2020 Download

BMO Insurance The Wave 440 Nov 2020 Download

Canada Life Concourse 44 Oct 2020 Download

Canada Protection Plan eAccess 63 Aug 2020 Website

Desjardins Insurance Online Illustrator 78 NA Website

The Edge Online Illustration NA NA Website

Empire Life Envision Plus 120 Nov 2020 Download

Equitable Life Sales Illustration 2020-3 Dec 2020 Download

Foresters Financial Sky 20181 Sept 2020 Download

Humania Assurance Illustration 20191 July 2019 Download

IA Financial Interface 91 Aug 2020 Download

IA Excellence Assure amp Go NA NA Website

Ivari Lifeview 1210 May 2020 Download

La Capital Illustration System 914 April 2020 Download

Manulife Financial Diamond View 1608 Aug 2020 Download

RBC Insurance Illustrations 112 62B46 oct 2020 Download

SSQ Illustration Software 91 Dec 2019 Download

Sun Life EOS 72 Apr 2020 Download

Illustrations 55 Jan 2020 Download

Online Illustrator NA NA Website

UV Insurance Illustration Software 21002 Feb 2020 Download

BREAKING NEWS - News from Desjardins Insurance

Discover how Class Plus 30 is an ideal solution for converting an RRSP into a RRIF

Electronic Policy Delivery Tips and Tricks - Updated

COVID-19 Update - Restarting paper contract delivery

Its here Increased limits for our

accelerated underwriting process

See the benefits for advisors

Personal Health amp Dental Plans

Canada Life Day Sessions available on demand

Just Launched New CI Products from Foresters Financial

New CI products and e-App now available

iA Mobile | Top-up your savings wherever whenever

Important information for 2020 tax reporting

Back to Basics - Creditor Insurance Concept

Policy Changes with underwriting

Advantage Account 215 interest rate offer

Digital Client Engagement

Answers to your questions

Additional RBC Insurance fillable forms now available

COVID-19 - Extended flexibility period for the temporary

life and critical illness underwriting measures

Final Sprint Promotion

ldquoQuote of the monthrdquo

Advisor Insurance amp Financial Services KEY RESPONSIBILITIES

You will be actively working to develop and grow your client base and providing solutions including Insurance Employee Benefits Retirement Planning andor Investments

Planning building and execution of a business sales plan

You are a true client relationship advisor who looks for opportunities to refer and receive referrals

You will participate with all the companyrsquos marketing activities and contribute your ideas towards their effectiveness and contributing towards their positive results

Building and growing your centers of influences

Keeping up to date with industry and regulatory trends and changes

Working with all lines of Pacific Place Financial Services Bridgeforce Pacific Place business offerings

DESIRED SKILLS amp EXPERIENCE

Minimum 3 years experience in a similar role and ready to take your career to the next step experienced with Insurance andor Investment Sales an asset but not mandatory

Strong listening skills and willingness to learn

Insurance Licensed (LLQP) and CFP CSC CIM CPA CFA CLU as an asset or working towards such Designation Willingness to obtain LLQP license if not currently licensed

Strong communication skills oral and written

Professional motivated and able to work in a fast-paced dynamic environment Team centered driven and self motivated attitude Compensation commissions + marketing support + mentorship + coaching + networking avenues Take ad-vantage of this opportunity to work alongside some of the top minds in the industry and benefit from the structure support and resources necessary to push your success to the next level Please send a cover let-ter and your resume to talentpacificplacegroupcom with ldquoCareerrdquo in the subject line

We thank all applicants who apply but only those candidates selected for an interview will be contacted

If you know of anyone who maybe interested in a career in Financial Services please have them send in their resume for in interview talentpacificplacegroupcom

In the News at PPIS _________________________________

Keeping you informed

Welcome

At Pacific Place Insurance

Services we like to keep our

agents informed We hope

you find this update useful

Enjoy

ICBC is paving the way for the introduction of Enhanced Care coverage next year when BC drivers will see average savings of 20 on their full basic and optional vehicle insurance

As part of these savings ICBC will apply to the British Columbia Utilities Commission (BCUC) tomorrow (December 15 2020) for its largest basic rate decrease in more than 40 years ndash a de-crease of 15 The rate application will cover the next two years rather than the typical one-year duration which will help provide greater rate stability

Read the full announcement via the BC governments news re-

lease and backgrounder

Because Enhanced Care coverage will remove the adversarial approach of suing drivers and the hundreds of millions of dollars going towards lawyers and legal fees the overall costs of our insurance system will reduce dramatically We forecast cost savings at more than $15 billion in the first full year of Enhanced Care coverage These savings will be passed on to British Columbians in the form of lower insurance rates an average saving of $400 per policy It also ensures more money goes directly to the injured customer rather

than to lawyerrsquos contingency fees and expert reports

AT FAULT IN A SINGLE VEHICLE CRASH

Lauren 29 was driving home one night on Vancouver Island and swerved to avoid hitting a deer She lost control of her car and crashed into an embankment Her spinal cord injury resulted in a permanent disability and she was unable to continue to work

In todayrsquos system Laurenrsquos accident benefits cover her care and recovery costs up to $300000 Because it was a single vehicle accident she is considered at fault for the crash and has no one to sue for additional compensation But she now needs long-term care and treatment and todayrsquos $300000 limit wonrsquot be enough to care for her over her lifetime In fact it may run out after only a few years

Under the new Enhanced Care coverage the overall maximum for medical care and recovery expenses is 24 times the amount it is today enough to care for her over her lifetime Lauren will also receive 90 per cent of her net income and permanent impairment compensation up to $250000 depending on the severity of her permanent disability Lauren can be assured shersquoll be able to get the care and financial support she needs for as long as she needs it

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca

Page 5: January Seminars All scheduled in person seminars will be

Pacific Evergreen Realty Ltd (Real Estate Division) Tel 604-267-1833

David Yang Managing Partner Tel 604-250-3696

Lo-Ming Lee Managing Director EXT 233

Richard Lui Managing Broker 236-521-3789

Julia He Real Estate Conveyancer EXT 224

Yiyi An AdministratorReal Estate Conveyancer Tel 604-558-7608

Sherry Yu Marketing Graphic Designer (PER) Tel 236-521-3799

Shan Shan Cheng Office Administrator (Rmd) Tel 236-521-3799

Pacific Place Property Management Ltd (Property Management Division) Tel 236-521-3790

Jimmy Ng Managing Broker 778-788-0013

Khai Ho Property ManagerService Manager 778-953-6396

Sela Li Business Support Executive 236-521-3790

Jessica Hong Assistant Property Manager 236-521-3790

Pacific Place

Property Management Inc

Insurance Software - Current Versions

Company Software Name Version Release Date Download

Assumption Life LIA 106 Aug 2020 Download

BMO Insurance The Wave 440 Nov 2020 Download

Canada Life Concourse 44 Oct 2020 Download

Canada Protection Plan eAccess 63 Aug 2020 Website

Desjardins Insurance Online Illustrator 78 NA Website

The Edge Online Illustration NA NA Website

Empire Life Envision Plus 120 Nov 2020 Download

Equitable Life Sales Illustration 2020-3 Dec 2020 Download

Foresters Financial Sky 20181 Sept 2020 Download

Humania Assurance Illustration 20191 July 2019 Download

IA Financial Interface 91 Aug 2020 Download

IA Excellence Assure amp Go NA NA Website

Ivari Lifeview 1210 May 2020 Download

La Capital Illustration System 914 April 2020 Download

Manulife Financial Diamond View 1608 Aug 2020 Download

RBC Insurance Illustrations 112 62B46 oct 2020 Download

SSQ Illustration Software 91 Dec 2019 Download

Sun Life EOS 72 Apr 2020 Download

Illustrations 55 Jan 2020 Download

Online Illustrator NA NA Website

UV Insurance Illustration Software 21002 Feb 2020 Download

BREAKING NEWS - News from Desjardins Insurance

Discover how Class Plus 30 is an ideal solution for converting an RRSP into a RRIF

Electronic Policy Delivery Tips and Tricks - Updated

COVID-19 Update - Restarting paper contract delivery

Its here Increased limits for our

accelerated underwriting process

See the benefits for advisors

Personal Health amp Dental Plans

Canada Life Day Sessions available on demand

Just Launched New CI Products from Foresters Financial

New CI products and e-App now available

iA Mobile | Top-up your savings wherever whenever

Important information for 2020 tax reporting

Back to Basics - Creditor Insurance Concept

Policy Changes with underwriting

Advantage Account 215 interest rate offer

Digital Client Engagement

Answers to your questions

Additional RBC Insurance fillable forms now available

COVID-19 - Extended flexibility period for the temporary

life and critical illness underwriting measures

Final Sprint Promotion

ldquoQuote of the monthrdquo

Advisor Insurance amp Financial Services KEY RESPONSIBILITIES

You will be actively working to develop and grow your client base and providing solutions including Insurance Employee Benefits Retirement Planning andor Investments

Planning building and execution of a business sales plan

You are a true client relationship advisor who looks for opportunities to refer and receive referrals

You will participate with all the companyrsquos marketing activities and contribute your ideas towards their effectiveness and contributing towards their positive results

Building and growing your centers of influences

Keeping up to date with industry and regulatory trends and changes

Working with all lines of Pacific Place Financial Services Bridgeforce Pacific Place business offerings

DESIRED SKILLS amp EXPERIENCE

Minimum 3 years experience in a similar role and ready to take your career to the next step experienced with Insurance andor Investment Sales an asset but not mandatory

Strong listening skills and willingness to learn

Insurance Licensed (LLQP) and CFP CSC CIM CPA CFA CLU as an asset or working towards such Designation Willingness to obtain LLQP license if not currently licensed

Strong communication skills oral and written

Professional motivated and able to work in a fast-paced dynamic environment Team centered driven and self motivated attitude Compensation commissions + marketing support + mentorship + coaching + networking avenues Take ad-vantage of this opportunity to work alongside some of the top minds in the industry and benefit from the structure support and resources necessary to push your success to the next level Please send a cover let-ter and your resume to talentpacificplacegroupcom with ldquoCareerrdquo in the subject line

We thank all applicants who apply but only those candidates selected for an interview will be contacted

If you know of anyone who maybe interested in a career in Financial Services please have them send in their resume for in interview talentpacificplacegroupcom

In the News at PPIS _________________________________

Keeping you informed

Welcome

At Pacific Place Insurance

Services we like to keep our

agents informed We hope

you find this update useful

Enjoy

ICBC is paving the way for the introduction of Enhanced Care coverage next year when BC drivers will see average savings of 20 on their full basic and optional vehicle insurance

As part of these savings ICBC will apply to the British Columbia Utilities Commission (BCUC) tomorrow (December 15 2020) for its largest basic rate decrease in more than 40 years ndash a de-crease of 15 The rate application will cover the next two years rather than the typical one-year duration which will help provide greater rate stability

Read the full announcement via the BC governments news re-

lease and backgrounder

Because Enhanced Care coverage will remove the adversarial approach of suing drivers and the hundreds of millions of dollars going towards lawyers and legal fees the overall costs of our insurance system will reduce dramatically We forecast cost savings at more than $15 billion in the first full year of Enhanced Care coverage These savings will be passed on to British Columbians in the form of lower insurance rates an average saving of $400 per policy It also ensures more money goes directly to the injured customer rather

than to lawyerrsquos contingency fees and expert reports

AT FAULT IN A SINGLE VEHICLE CRASH

Lauren 29 was driving home one night on Vancouver Island and swerved to avoid hitting a deer She lost control of her car and crashed into an embankment Her spinal cord injury resulted in a permanent disability and she was unable to continue to work

In todayrsquos system Laurenrsquos accident benefits cover her care and recovery costs up to $300000 Because it was a single vehicle accident she is considered at fault for the crash and has no one to sue for additional compensation But she now needs long-term care and treatment and todayrsquos $300000 limit wonrsquot be enough to care for her over her lifetime In fact it may run out after only a few years

Under the new Enhanced Care coverage the overall maximum for medical care and recovery expenses is 24 times the amount it is today enough to care for her over her lifetime Lauren will also receive 90 per cent of her net income and permanent impairment compensation up to $250000 depending on the severity of her permanent disability Lauren can be assured shersquoll be able to get the care and financial support she needs for as long as she needs it

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca

Page 6: January Seminars All scheduled in person seminars will be

Insurance Software - Current Versions

Company Software Name Version Release Date Download

Assumption Life LIA 106 Aug 2020 Download

BMO Insurance The Wave 440 Nov 2020 Download

Canada Life Concourse 44 Oct 2020 Download

Canada Protection Plan eAccess 63 Aug 2020 Website

Desjardins Insurance Online Illustrator 78 NA Website

The Edge Online Illustration NA NA Website

Empire Life Envision Plus 120 Nov 2020 Download

Equitable Life Sales Illustration 2020-3 Dec 2020 Download

Foresters Financial Sky 20181 Sept 2020 Download

Humania Assurance Illustration 20191 July 2019 Download

IA Financial Interface 91 Aug 2020 Download

IA Excellence Assure amp Go NA NA Website

Ivari Lifeview 1210 May 2020 Download

La Capital Illustration System 914 April 2020 Download

Manulife Financial Diamond View 1608 Aug 2020 Download

RBC Insurance Illustrations 112 62B46 oct 2020 Download

SSQ Illustration Software 91 Dec 2019 Download

Sun Life EOS 72 Apr 2020 Download

Illustrations 55 Jan 2020 Download

Online Illustrator NA NA Website

UV Insurance Illustration Software 21002 Feb 2020 Download

BREAKING NEWS - News from Desjardins Insurance

Discover how Class Plus 30 is an ideal solution for converting an RRSP into a RRIF

Electronic Policy Delivery Tips and Tricks - Updated

COVID-19 Update - Restarting paper contract delivery

Its here Increased limits for our

accelerated underwriting process

See the benefits for advisors

Personal Health amp Dental Plans

Canada Life Day Sessions available on demand

Just Launched New CI Products from Foresters Financial

New CI products and e-App now available

iA Mobile | Top-up your savings wherever whenever

Important information for 2020 tax reporting

Back to Basics - Creditor Insurance Concept

Policy Changes with underwriting

Advantage Account 215 interest rate offer

Digital Client Engagement

Answers to your questions

Additional RBC Insurance fillable forms now available

COVID-19 - Extended flexibility period for the temporary

life and critical illness underwriting measures

Final Sprint Promotion

ldquoQuote of the monthrdquo

Advisor Insurance amp Financial Services KEY RESPONSIBILITIES

You will be actively working to develop and grow your client base and providing solutions including Insurance Employee Benefits Retirement Planning andor Investments

Planning building and execution of a business sales plan

You are a true client relationship advisor who looks for opportunities to refer and receive referrals

You will participate with all the companyrsquos marketing activities and contribute your ideas towards their effectiveness and contributing towards their positive results

Building and growing your centers of influences

Keeping up to date with industry and regulatory trends and changes

Working with all lines of Pacific Place Financial Services Bridgeforce Pacific Place business offerings

DESIRED SKILLS amp EXPERIENCE

Minimum 3 years experience in a similar role and ready to take your career to the next step experienced with Insurance andor Investment Sales an asset but not mandatory

Strong listening skills and willingness to learn

Insurance Licensed (LLQP) and CFP CSC CIM CPA CFA CLU as an asset or working towards such Designation Willingness to obtain LLQP license if not currently licensed

Strong communication skills oral and written

Professional motivated and able to work in a fast-paced dynamic environment Team centered driven and self motivated attitude Compensation commissions + marketing support + mentorship + coaching + networking avenues Take ad-vantage of this opportunity to work alongside some of the top minds in the industry and benefit from the structure support and resources necessary to push your success to the next level Please send a cover let-ter and your resume to talentpacificplacegroupcom with ldquoCareerrdquo in the subject line

We thank all applicants who apply but only those candidates selected for an interview will be contacted

If you know of anyone who maybe interested in a career in Financial Services please have them send in their resume for in interview talentpacificplacegroupcom

In the News at PPIS _________________________________

Keeping you informed

Welcome

At Pacific Place Insurance

Services we like to keep our

agents informed We hope

you find this update useful

Enjoy

ICBC is paving the way for the introduction of Enhanced Care coverage next year when BC drivers will see average savings of 20 on their full basic and optional vehicle insurance

As part of these savings ICBC will apply to the British Columbia Utilities Commission (BCUC) tomorrow (December 15 2020) for its largest basic rate decrease in more than 40 years ndash a de-crease of 15 The rate application will cover the next two years rather than the typical one-year duration which will help provide greater rate stability

Read the full announcement via the BC governments news re-

lease and backgrounder

Because Enhanced Care coverage will remove the adversarial approach of suing drivers and the hundreds of millions of dollars going towards lawyers and legal fees the overall costs of our insurance system will reduce dramatically We forecast cost savings at more than $15 billion in the first full year of Enhanced Care coverage These savings will be passed on to British Columbians in the form of lower insurance rates an average saving of $400 per policy It also ensures more money goes directly to the injured customer rather

than to lawyerrsquos contingency fees and expert reports

AT FAULT IN A SINGLE VEHICLE CRASH

Lauren 29 was driving home one night on Vancouver Island and swerved to avoid hitting a deer She lost control of her car and crashed into an embankment Her spinal cord injury resulted in a permanent disability and she was unable to continue to work

In todayrsquos system Laurenrsquos accident benefits cover her care and recovery costs up to $300000 Because it was a single vehicle accident she is considered at fault for the crash and has no one to sue for additional compensation But she now needs long-term care and treatment and todayrsquos $300000 limit wonrsquot be enough to care for her over her lifetime In fact it may run out after only a few years

Under the new Enhanced Care coverage the overall maximum for medical care and recovery expenses is 24 times the amount it is today enough to care for her over her lifetime Lauren will also receive 90 per cent of her net income and permanent impairment compensation up to $250000 depending on the severity of her permanent disability Lauren can be assured shersquoll be able to get the care and financial support she needs for as long as she needs it

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca

Page 7: January Seminars All scheduled in person seminars will be

BREAKING NEWS - News from Desjardins Insurance

Discover how Class Plus 30 is an ideal solution for converting an RRSP into a RRIF

Electronic Policy Delivery Tips and Tricks - Updated

COVID-19 Update - Restarting paper contract delivery

Its here Increased limits for our

accelerated underwriting process

See the benefits for advisors

Personal Health amp Dental Plans

Canada Life Day Sessions available on demand

Just Launched New CI Products from Foresters Financial

New CI products and e-App now available

iA Mobile | Top-up your savings wherever whenever

Important information for 2020 tax reporting

Back to Basics - Creditor Insurance Concept

Policy Changes with underwriting

Advantage Account 215 interest rate offer

Digital Client Engagement

Answers to your questions

Additional RBC Insurance fillable forms now available

COVID-19 - Extended flexibility period for the temporary

life and critical illness underwriting measures

Final Sprint Promotion

ldquoQuote of the monthrdquo

Advisor Insurance amp Financial Services KEY RESPONSIBILITIES

You will be actively working to develop and grow your client base and providing solutions including Insurance Employee Benefits Retirement Planning andor Investments

Planning building and execution of a business sales plan

You are a true client relationship advisor who looks for opportunities to refer and receive referrals

You will participate with all the companyrsquos marketing activities and contribute your ideas towards their effectiveness and contributing towards their positive results

Building and growing your centers of influences

Keeping up to date with industry and regulatory trends and changes

Working with all lines of Pacific Place Financial Services Bridgeforce Pacific Place business offerings

DESIRED SKILLS amp EXPERIENCE

Minimum 3 years experience in a similar role and ready to take your career to the next step experienced with Insurance andor Investment Sales an asset but not mandatory

Strong listening skills and willingness to learn

Insurance Licensed (LLQP) and CFP CSC CIM CPA CFA CLU as an asset or working towards such Designation Willingness to obtain LLQP license if not currently licensed

Strong communication skills oral and written

Professional motivated and able to work in a fast-paced dynamic environment Team centered driven and self motivated attitude Compensation commissions + marketing support + mentorship + coaching + networking avenues Take ad-vantage of this opportunity to work alongside some of the top minds in the industry and benefit from the structure support and resources necessary to push your success to the next level Please send a cover let-ter and your resume to talentpacificplacegroupcom with ldquoCareerrdquo in the subject line

We thank all applicants who apply but only those candidates selected for an interview will be contacted

If you know of anyone who maybe interested in a career in Financial Services please have them send in their resume for in interview talentpacificplacegroupcom

In the News at PPIS _________________________________

Keeping you informed

Welcome

At Pacific Place Insurance

Services we like to keep our

agents informed We hope

you find this update useful

Enjoy

ICBC is paving the way for the introduction of Enhanced Care coverage next year when BC drivers will see average savings of 20 on their full basic and optional vehicle insurance

As part of these savings ICBC will apply to the British Columbia Utilities Commission (BCUC) tomorrow (December 15 2020) for its largest basic rate decrease in more than 40 years ndash a de-crease of 15 The rate application will cover the next two years rather than the typical one-year duration which will help provide greater rate stability

Read the full announcement via the BC governments news re-

lease and backgrounder

Because Enhanced Care coverage will remove the adversarial approach of suing drivers and the hundreds of millions of dollars going towards lawyers and legal fees the overall costs of our insurance system will reduce dramatically We forecast cost savings at more than $15 billion in the first full year of Enhanced Care coverage These savings will be passed on to British Columbians in the form of lower insurance rates an average saving of $400 per policy It also ensures more money goes directly to the injured customer rather

than to lawyerrsquos contingency fees and expert reports

AT FAULT IN A SINGLE VEHICLE CRASH

Lauren 29 was driving home one night on Vancouver Island and swerved to avoid hitting a deer She lost control of her car and crashed into an embankment Her spinal cord injury resulted in a permanent disability and she was unable to continue to work

In todayrsquos system Laurenrsquos accident benefits cover her care and recovery costs up to $300000 Because it was a single vehicle accident she is considered at fault for the crash and has no one to sue for additional compensation But she now needs long-term care and treatment and todayrsquos $300000 limit wonrsquot be enough to care for her over her lifetime In fact it may run out after only a few years

Under the new Enhanced Care coverage the overall maximum for medical care and recovery expenses is 24 times the amount it is today enough to care for her over her lifetime Lauren will also receive 90 per cent of her net income and permanent impairment compensation up to $250000 depending on the severity of her permanent disability Lauren can be assured shersquoll be able to get the care and financial support she needs for as long as she needs it

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca

Page 8: January Seminars All scheduled in person seminars will be

New CI products and e-App now available

iA Mobile | Top-up your savings wherever whenever

Important information for 2020 tax reporting

Back to Basics - Creditor Insurance Concept

Policy Changes with underwriting

Advantage Account 215 interest rate offer

Digital Client Engagement

Answers to your questions

Additional RBC Insurance fillable forms now available

COVID-19 - Extended flexibility period for the temporary

life and critical illness underwriting measures

Final Sprint Promotion

ldquoQuote of the monthrdquo

Advisor Insurance amp Financial Services KEY RESPONSIBILITIES

You will be actively working to develop and grow your client base and providing solutions including Insurance Employee Benefits Retirement Planning andor Investments

Planning building and execution of a business sales plan

You are a true client relationship advisor who looks for opportunities to refer and receive referrals

You will participate with all the companyrsquos marketing activities and contribute your ideas towards their effectiveness and contributing towards their positive results

Building and growing your centers of influences

Keeping up to date with industry and regulatory trends and changes

Working with all lines of Pacific Place Financial Services Bridgeforce Pacific Place business offerings

DESIRED SKILLS amp EXPERIENCE

Minimum 3 years experience in a similar role and ready to take your career to the next step experienced with Insurance andor Investment Sales an asset but not mandatory

Strong listening skills and willingness to learn

Insurance Licensed (LLQP) and CFP CSC CIM CPA CFA CLU as an asset or working towards such Designation Willingness to obtain LLQP license if not currently licensed

Strong communication skills oral and written

Professional motivated and able to work in a fast-paced dynamic environment Team centered driven and self motivated attitude Compensation commissions + marketing support + mentorship + coaching + networking avenues Take ad-vantage of this opportunity to work alongside some of the top minds in the industry and benefit from the structure support and resources necessary to push your success to the next level Please send a cover let-ter and your resume to talentpacificplacegroupcom with ldquoCareerrdquo in the subject line

We thank all applicants who apply but only those candidates selected for an interview will be contacted

If you know of anyone who maybe interested in a career in Financial Services please have them send in their resume for in interview talentpacificplacegroupcom

In the News at PPIS _________________________________

Keeping you informed

Welcome

At Pacific Place Insurance

Services we like to keep our

agents informed We hope

you find this update useful

Enjoy

ICBC is paving the way for the introduction of Enhanced Care coverage next year when BC drivers will see average savings of 20 on their full basic and optional vehicle insurance

As part of these savings ICBC will apply to the British Columbia Utilities Commission (BCUC) tomorrow (December 15 2020) for its largest basic rate decrease in more than 40 years ndash a de-crease of 15 The rate application will cover the next two years rather than the typical one-year duration which will help provide greater rate stability

Read the full announcement via the BC governments news re-

lease and backgrounder

Because Enhanced Care coverage will remove the adversarial approach of suing drivers and the hundreds of millions of dollars going towards lawyers and legal fees the overall costs of our insurance system will reduce dramatically We forecast cost savings at more than $15 billion in the first full year of Enhanced Care coverage These savings will be passed on to British Columbians in the form of lower insurance rates an average saving of $400 per policy It also ensures more money goes directly to the injured customer rather

than to lawyerrsquos contingency fees and expert reports

AT FAULT IN A SINGLE VEHICLE CRASH

Lauren 29 was driving home one night on Vancouver Island and swerved to avoid hitting a deer She lost control of her car and crashed into an embankment Her spinal cord injury resulted in a permanent disability and she was unable to continue to work

In todayrsquos system Laurenrsquos accident benefits cover her care and recovery costs up to $300000 Because it was a single vehicle accident she is considered at fault for the crash and has no one to sue for additional compensation But she now needs long-term care and treatment and todayrsquos $300000 limit wonrsquot be enough to care for her over her lifetime In fact it may run out after only a few years

Under the new Enhanced Care coverage the overall maximum for medical care and recovery expenses is 24 times the amount it is today enough to care for her over her lifetime Lauren will also receive 90 per cent of her net income and permanent impairment compensation up to $250000 depending on the severity of her permanent disability Lauren can be assured shersquoll be able to get the care and financial support she needs for as long as she needs it

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca

Page 9: January Seminars All scheduled in person seminars will be

ldquoQuote of the monthrdquo

Advisor Insurance amp Financial Services KEY RESPONSIBILITIES

You will be actively working to develop and grow your client base and providing solutions including Insurance Employee Benefits Retirement Planning andor Investments

Planning building and execution of a business sales plan

You are a true client relationship advisor who looks for opportunities to refer and receive referrals

You will participate with all the companyrsquos marketing activities and contribute your ideas towards their effectiveness and contributing towards their positive results

Building and growing your centers of influences

Keeping up to date with industry and regulatory trends and changes

Working with all lines of Pacific Place Financial Services Bridgeforce Pacific Place business offerings

DESIRED SKILLS amp EXPERIENCE

Minimum 3 years experience in a similar role and ready to take your career to the next step experienced with Insurance andor Investment Sales an asset but not mandatory

Strong listening skills and willingness to learn

Insurance Licensed (LLQP) and CFP CSC CIM CPA CFA CLU as an asset or working towards such Designation Willingness to obtain LLQP license if not currently licensed

Strong communication skills oral and written

Professional motivated and able to work in a fast-paced dynamic environment Team centered driven and self motivated attitude Compensation commissions + marketing support + mentorship + coaching + networking avenues Take ad-vantage of this opportunity to work alongside some of the top minds in the industry and benefit from the structure support and resources necessary to push your success to the next level Please send a cover let-ter and your resume to talentpacificplacegroupcom with ldquoCareerrdquo in the subject line

We thank all applicants who apply but only those candidates selected for an interview will be contacted

If you know of anyone who maybe interested in a career in Financial Services please have them send in their resume for in interview talentpacificplacegroupcom

In the News at PPIS _________________________________

Keeping you informed

Welcome

At Pacific Place Insurance

Services we like to keep our

agents informed We hope

you find this update useful

Enjoy

ICBC is paving the way for the introduction of Enhanced Care coverage next year when BC drivers will see average savings of 20 on their full basic and optional vehicle insurance

As part of these savings ICBC will apply to the British Columbia Utilities Commission (BCUC) tomorrow (December 15 2020) for its largest basic rate decrease in more than 40 years ndash a de-crease of 15 The rate application will cover the next two years rather than the typical one-year duration which will help provide greater rate stability

Read the full announcement via the BC governments news re-

lease and backgrounder

Because Enhanced Care coverage will remove the adversarial approach of suing drivers and the hundreds of millions of dollars going towards lawyers and legal fees the overall costs of our insurance system will reduce dramatically We forecast cost savings at more than $15 billion in the first full year of Enhanced Care coverage These savings will be passed on to British Columbians in the form of lower insurance rates an average saving of $400 per policy It also ensures more money goes directly to the injured customer rather

than to lawyerrsquos contingency fees and expert reports

AT FAULT IN A SINGLE VEHICLE CRASH

Lauren 29 was driving home one night on Vancouver Island and swerved to avoid hitting a deer She lost control of her car and crashed into an embankment Her spinal cord injury resulted in a permanent disability and she was unable to continue to work

In todayrsquos system Laurenrsquos accident benefits cover her care and recovery costs up to $300000 Because it was a single vehicle accident she is considered at fault for the crash and has no one to sue for additional compensation But she now needs long-term care and treatment and todayrsquos $300000 limit wonrsquot be enough to care for her over her lifetime In fact it may run out after only a few years

Under the new Enhanced Care coverage the overall maximum for medical care and recovery expenses is 24 times the amount it is today enough to care for her over her lifetime Lauren will also receive 90 per cent of her net income and permanent impairment compensation up to $250000 depending on the severity of her permanent disability Lauren can be assured shersquoll be able to get the care and financial support she needs for as long as she needs it

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca

Page 10: January Seminars All scheduled in person seminars will be

Advisor Insurance amp Financial Services KEY RESPONSIBILITIES

You will be actively working to develop and grow your client base and providing solutions including Insurance Employee Benefits Retirement Planning andor Investments

Planning building and execution of a business sales plan

You are a true client relationship advisor who looks for opportunities to refer and receive referrals

You will participate with all the companyrsquos marketing activities and contribute your ideas towards their effectiveness and contributing towards their positive results

Building and growing your centers of influences

Keeping up to date with industry and regulatory trends and changes

Working with all lines of Pacific Place Financial Services Bridgeforce Pacific Place business offerings

DESIRED SKILLS amp EXPERIENCE

Minimum 3 years experience in a similar role and ready to take your career to the next step experienced with Insurance andor Investment Sales an asset but not mandatory

Strong listening skills and willingness to learn

Insurance Licensed (LLQP) and CFP CSC CIM CPA CFA CLU as an asset or working towards such Designation Willingness to obtain LLQP license if not currently licensed

Strong communication skills oral and written

Professional motivated and able to work in a fast-paced dynamic environment Team centered driven and self motivated attitude Compensation commissions + marketing support + mentorship + coaching + networking avenues Take ad-vantage of this opportunity to work alongside some of the top minds in the industry and benefit from the structure support and resources necessary to push your success to the next level Please send a cover let-ter and your resume to talentpacificplacegroupcom with ldquoCareerrdquo in the subject line

We thank all applicants who apply but only those candidates selected for an interview will be contacted

If you know of anyone who maybe interested in a career in Financial Services please have them send in their resume for in interview talentpacificplacegroupcom

In the News at PPIS _________________________________

Keeping you informed

Welcome

At Pacific Place Insurance

Services we like to keep our

agents informed We hope

you find this update useful

Enjoy

ICBC is paving the way for the introduction of Enhanced Care coverage next year when BC drivers will see average savings of 20 on their full basic and optional vehicle insurance

As part of these savings ICBC will apply to the British Columbia Utilities Commission (BCUC) tomorrow (December 15 2020) for its largest basic rate decrease in more than 40 years ndash a de-crease of 15 The rate application will cover the next two years rather than the typical one-year duration which will help provide greater rate stability

Read the full announcement via the BC governments news re-

lease and backgrounder

Because Enhanced Care coverage will remove the adversarial approach of suing drivers and the hundreds of millions of dollars going towards lawyers and legal fees the overall costs of our insurance system will reduce dramatically We forecast cost savings at more than $15 billion in the first full year of Enhanced Care coverage These savings will be passed on to British Columbians in the form of lower insurance rates an average saving of $400 per policy It also ensures more money goes directly to the injured customer rather

than to lawyerrsquos contingency fees and expert reports

AT FAULT IN A SINGLE VEHICLE CRASH

Lauren 29 was driving home one night on Vancouver Island and swerved to avoid hitting a deer She lost control of her car and crashed into an embankment Her spinal cord injury resulted in a permanent disability and she was unable to continue to work

In todayrsquos system Laurenrsquos accident benefits cover her care and recovery costs up to $300000 Because it was a single vehicle accident she is considered at fault for the crash and has no one to sue for additional compensation But she now needs long-term care and treatment and todayrsquos $300000 limit wonrsquot be enough to care for her over her lifetime In fact it may run out after only a few years

Under the new Enhanced Care coverage the overall maximum for medical care and recovery expenses is 24 times the amount it is today enough to care for her over her lifetime Lauren will also receive 90 per cent of her net income and permanent impairment compensation up to $250000 depending on the severity of her permanent disability Lauren can be assured shersquoll be able to get the care and financial support she needs for as long as she needs it

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca

Page 11: January Seminars All scheduled in person seminars will be

In the News at PPIS _________________________________

Keeping you informed

Welcome

At Pacific Place Insurance

Services we like to keep our

agents informed We hope

you find this update useful

Enjoy

ICBC is paving the way for the introduction of Enhanced Care coverage next year when BC drivers will see average savings of 20 on their full basic and optional vehicle insurance

As part of these savings ICBC will apply to the British Columbia Utilities Commission (BCUC) tomorrow (December 15 2020) for its largest basic rate decrease in more than 40 years ndash a de-crease of 15 The rate application will cover the next two years rather than the typical one-year duration which will help provide greater rate stability

Read the full announcement via the BC governments news re-

lease and backgrounder

Because Enhanced Care coverage will remove the adversarial approach of suing drivers and the hundreds of millions of dollars going towards lawyers and legal fees the overall costs of our insurance system will reduce dramatically We forecast cost savings at more than $15 billion in the first full year of Enhanced Care coverage These savings will be passed on to British Columbians in the form of lower insurance rates an average saving of $400 per policy It also ensures more money goes directly to the injured customer rather

than to lawyerrsquos contingency fees and expert reports

AT FAULT IN A SINGLE VEHICLE CRASH

Lauren 29 was driving home one night on Vancouver Island and swerved to avoid hitting a deer She lost control of her car and crashed into an embankment Her spinal cord injury resulted in a permanent disability and she was unable to continue to work

In todayrsquos system Laurenrsquos accident benefits cover her care and recovery costs up to $300000 Because it was a single vehicle accident she is considered at fault for the crash and has no one to sue for additional compensation But she now needs long-term care and treatment and todayrsquos $300000 limit wonrsquot be enough to care for her over her lifetime In fact it may run out after only a few years

Under the new Enhanced Care coverage the overall maximum for medical care and recovery expenses is 24 times the amount it is today enough to care for her over her lifetime Lauren will also receive 90 per cent of her net income and permanent impairment compensation up to $250000 depending on the severity of her permanent disability Lauren can be assured shersquoll be able to get the care and financial support she needs for as long as she needs it

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca

Page 12: January Seminars All scheduled in person seminars will be

Because Enhanced Care coverage will remove the adversarial approach of suing drivers and the hundreds of millions of dollars going towards lawyers and legal fees the overall costs of our insurance system will reduce dramatically We forecast cost savings at more than $15 billion in the first full year of Enhanced Care coverage These savings will be passed on to British Columbians in the form of lower insurance rates an average saving of $400 per policy It also ensures more money goes directly to the injured customer rather

than to lawyerrsquos contingency fees and expert reports

AT FAULT IN A SINGLE VEHICLE CRASH

Lauren 29 was driving home one night on Vancouver Island and swerved to avoid hitting a deer She lost control of her car and crashed into an embankment Her spinal cord injury resulted in a permanent disability and she was unable to continue to work

In todayrsquos system Laurenrsquos accident benefits cover her care and recovery costs up to $300000 Because it was a single vehicle accident she is considered at fault for the crash and has no one to sue for additional compensation But she now needs long-term care and treatment and todayrsquos $300000 limit wonrsquot be enough to care for her over her lifetime In fact it may run out after only a few years

Under the new Enhanced Care coverage the overall maximum for medical care and recovery expenses is 24 times the amount it is today enough to care for her over her lifetime Lauren will also receive 90 per cent of her net income and permanent impairment compensation up to $250000 depending on the severity of her permanent disability Lauren can be assured shersquoll be able to get the care and financial support she needs for as long as she needs it

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca

Page 13: January Seminars All scheduled in person seminars will be

BCs Land Owner Transparency Registry now in

force what you need to know

BCs new Land Owner Transparency Act (LOTA) came into force on November 30 2020

For transactions set to close on November 30 or later when the title change is registered in the land titles office the transferee must file a transparency declaration disclosing interest holders

This declaration records indirect ownership of interests in land such as corporations trustees and partnerships as required by the BC Land Owner Transparency Act and Land Owner Trans-parency Regulations

The act ensures interest holders who have an indirect ownership in the land are disclosed and this information is stored in the Land Owner Transparency Registry (LOTR) The registry will be searchable as of April 30 2021

Home buyers should get legal advice about the requirements of LOTA early on so therersquos time for the appropriate information to be gathered and filed

If the buyer is a corporation partnership or trust not a resident of Canada has beneficial own-ers or shareholders outside of Canada this period could take up to one month

Itrsquos important to plan ahead to allow legal professionals to complete the transparency declara-tion and determine if a transparency report must be filed

Sample forms are available on wwwlandtransparencyca