Elder-Care Life Funding Ltd acts as a facilitator for Canadian seniors to access cash today, as a renewable loan, secured against the embedded value in their life insurance policies.
The E-CLIPTM Plan, seeks to match policy-holders’ immediate cash needs with those of investors willing to provide structured loans which are repaid, together with accrued interest and charges, only at the time that proceeds of the policies are paid out upon the death of the policyholder.
Upon receipt of your instruction, Elder-Care Life Funding Ltd works directly with your Insurance Company to ensure that your life insurance policy remains in force and that the required beneficiary directions are adhered to.
Any outstanding loans or obligations secured by your life insurance policy must be retired with the proceeds from your E-CLIPTM Plan.
Elder-Care Life Funding Ltd works directly with the Seniors Home and Care provider of your choice to ensure that your agreed monthly advances are remitted and credited directly to your account with them.
All information and communications with Elder-Care Life Funding Ltd are treated in the strictest confidence. Mutual non-disclosure agreements are signed with all clients and prospective clients.
To find out if the E-CLIPTM Plan can work for you, Contact Us.
This site is for information purposes only and does not constitute an offer to sell or subscribe to anything.