Contents



Ministry of Social Development

BC Employment and Assistance Rate Tables

Assets

(Updated October 1, 2012)

Description Item Maximum Amount
Asset exemptions Maximum cash surrender value for an uncashed life insurance policy to be exempt $1,500
Motor vehicle (generally used for day-to-day transportation needs) One vehicle $10,000

Note: There is no limit on the value of a vehicle owned by recipients with the Persons with Disabilities designation.
Maximum for a reserve account established to meet anticipated future business expenses to be exempt $5,000
Lifetime maximum for a non-discretionary trust fund to be exempt $200,000
Asset levels Single person $2,000
Couples or one- or two-parent families $4,000
Single person:
  1. applying for PWD designation,
  2. with confirmed PWD designation, or
  3. residing in special care facility
$5,000
Couples or one- or two-parent families, where one person:
  1. is applying for PWD designation,
  2. has confirmed PWD designation, or
  3. is residing in special care facility
$10,000