How does it work?

Step 1

We gather basic information about you and your policies. This allows us to begin the underwriting process.1

Step 2

Our underwriting system analyzes your policies and determines the size and interest rate of your new Inclined Line of Credit (iLOC). Your iLOC is funded by one of Inclined’s established bank partners.

Step 3

You give final approval and we secure the cash value in your whole life policy as collateral for your new iLOC.2

Step 4

Your new iLOC is live and set up.3 If you are refinancing a policy loan, we initiate a draw from your new iLOC and pay off your existing policy loan directly with your carrier. Your iLOC is now active and drawable.

In the future, you can always access additional funds or make payments by linking your existing bank account on our platform.4


To verify you qualify for an Inclined Line of Credit, we will request your authorization for a soft credit pull that will not affect your credit score. If you later agree to a line of credit, at that time a full credit report will be obtained that may impact your score. We will tell you before this happens.


An Inclined Line of Credit is contingent on the policies used to secure the line remaining in good standing. The insurance policy owner must be the borrower. To be eligible as collateral the insurance policy must be issued by an insurance provider Inclined has approved.


Funding approval requires confirmation from the insurance carrier that the policies used to secure the line have been properly assigned, and any existing loan balances have been refinanced. Typically this takes 10 to 20 business days, however funding approval may take longer if the carrier requires additional time to complete the assignment.


Linking bank accounts requires the account be held at a domestic institution and requires compatibility with and the use of Plaid’s software.