My wife and I took out two policies with CLICO during the year 2000. These policies were to assist our finances after retirement. We were advised that it would be beneficial to us if the policies were registered with the Inland revenue department and we had them registered. However after the financial problems with the parent company, we sought to have the money payed into the two plans return to us,but we were told it would not be possible siince the policies are registered.
We are therefore seeking to find out when and if we would be able to recover the over forty thousand dollars we have invested in Clico through their Flexible annuity policy.