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Ministry of Housing and Social Development BC Employment and Assistance Rate Tables

Assets (Updated May 15, 2008)

DescriptionItemMaximum Amount
Asset exemptions Maximum cash surrender value for an uncashed life insurance policy to be exempt $1,500
Maximum for a motor vehicle to be exempt $5,000
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 $100,000
Asset levels Single person $1,500 (includes $150 cash maximum for applicants)
Couples or one- or two-parent families $2,500 (includes $250 cash maximum for applicants)
Single person:
  1. applying for PWD designation,
  2. with confirmed PWD designation, or
  3. residing in special care facility
$3,000
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
$5,000