Loading
Back to loan list
Wealth One Bank of Canada
CSV Line of Credit
Use the cash surrender value of a participating life insurance policy to secure a line of credit without interrupting the growth of the policy.
Line of CreditOther
- Interest rate
- 4.95%
- Credit limit
- Minimum credit limit of $100,000; borrow up to 90% of the cash surrender value of the policy
- Security
- Cash surrender value of a participating life insurance policy
Verified record
Available product facts
- Product types
- Line of Credit
- Interest rate
- Floating rate based on Secured Loan Prime; WealthONE Secured Line of Credit Base Rate is 4.95% effective October 31, 2025
- Loan amount / credit limit
- Minimum credit limit of $100,000; borrow up to 90% of the cash surrender value of the policy
- Security requirement
- Cash surrender value of a participating life insurance policy
- Eligibility
- Available to residents of Canada; policies may be individually or corporate-owned and must be issued by major Canadian providers
- Source language
- en