ICBC to mail out over 2 million COVID-19 rebate cheques by end of April | Urbanized – Daily Hive

icbc-to-mail-out-over-2-million-covid-19-rebate-cheques-by-end-of-april-|-urbanized-–-daily-hive

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ICBC says that they’re on track to mail out 2.86 million COVID-19 rebate cheques by the end of April.

The initiative, which includes a $600 million return to drivers in British Columbia, was scheduled to see cheques mailed out in the middle of March. The mailout was paused after a cyber attack on the company that was supposed to print and distribute the cheques.

The Crown Corporation says that “large-scale distribution” began earlier this week, and as of April 8, approximately 940,000 cheques have been issued.

“ICBC is proceeding with its third-party vendor, with extra security measures in place, to print and distribute the vast majority of the remaining COVID-19 rebate cheques,” the company says in a statement.

  • See also:
    • ICBC rebate cheques delayed due to cyber attack
    • ICBC applying for “significant decrease” on basic insurance rates
    • “That’s ridiculous”: ICBC customer receives $1 rebate cheque

The one-time rebate is being issued to drivers that had an insurance policy between April 1 and September 30, 2020. Those that cancelled their policy will receive a partial refund.

When the initiative was first announced in early February, Minister of Public Safety and Solicitor General Mike Farnworth said that the average rebate cheque would be $190, with 80% of recipients receiving between $50 to $300.

One driver, however, took to social media after receiving a rebate cheque of just $1. ICBC says that they’re committed to ensuring drivers receive “all the savings owed to them,” so refund cheques for any amount over $1 are being mailed out.

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