MRS Trust cash surrender value _CSV_ line of credit program - DOC

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					MRS Trust cash surrender value (CSV) line of credit program
Through Canada Life’s relationship with MRS Trust, clients will have access to competitive rates and favourable loan-
to-cash value ratios. With loan minimums starting at $25,000, this program is available to a broad range of clients.

Key features

    - Competitive rates, ranging from prime plus 1.00 to 1.50 per cent for participating life insurance policies and
        from prime plus 1.25 to 1.75 per cent for universal life insurance policies

    - High loan-to-cash value ratios, with 90 per cent for participating life insurance policies and 75 per cent for
         universal life insurance polices

    - Minimum loan amount of $25,000

    - Maximum loan amount of $2 million. Higher maximums may be available on a case-by-case basis.

    - Flexible repayment options and available capitalization of interest

    - Personal or corporate lines of credit available

    - No commitment fees, no annual review fee or legal fees, no fiscal or security fees

As with other line of credit programs, Canada Life cannot assign the following as collateral for a loan with MRS Trust:
registered policies, equity policies, non-resident policies and policies assigned with another financial institution.


                                 Personal line of credit (“LOC”) application




                                 Corporate line of credit (“LOC”) application




                                 CSV line of credit program using life insurance – client brochure

                                 46-7576




                                 Canada Life line of credit program using life insurance in association with
                                 M.R.S. Trust

                                 46-7575

				
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posted:5/24/2011
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