Blog

Why Banks Don’t Want You To Ask Questions About Your RRSP? And Why They Won’t Tell You About The IRP!

We all know the RRSP song bank mutual fund sales persons sing when they want you to open an RRSP. Open an RRSP and get a tax refund. Don’t you want a tax refund? That’s it! That’s the entire song. The mutual fund sales person doesn’t ask any questions or even attempt to explain the…

Canada Canceling Student Loan Interest!

Every little bit helps. On Thursday, November 3, 2022 the Canadian Government confirmed plans to cancel interest on all new federal student loans and apprentice loans, as well as student loans already currently being paid back. Canadians already pay $556 Million a year in interest on student loans. In other words, Canadians pay banks and…

Government of Ontario will give parents up to $250 per child To Catch Up

Ontario Education Minister Stephen Lecce announces parents can receive between $200 or $250 per child to help offset the cost of catching up in school after two years of disrupted learning. Starting Thursday, parents with children up to 18 years old can apply at https://www.ontario.ca/page/catch-up-payments for $200, while parents with school-aged children with special education…

What is an RESP? How Does the RESP Work?

Is The RESP A Government Program? RESP is also called Registered Education Savings Plan, is a tax-deferred savings account for a child’s future education. Your RESP deposit is matched 20% by the Canadian government up to the year your child turns 18th. Anyone can open and deposit to an RESP (parents, grandparents, aunt, uncle’s) however…

68% Of Canadian Parents Worry Their Children Will Be Worse Off Financially Than Them!!!

If you think things are difficult financially for you today, how will your children fare in the future? A 2021 Pew Research Poll conducted found that of 17 countries polled, 64% of parents believe their children will be worse off financially than they are. Canada ranked sixth among the 17 countries, with 68% of parents…

Is the RESP an Education Savings Plan, or Government Program That Limits Our Children’s Futures?

When we have children our previous lives end and our new lives begin. From the day they’re born we love them, care for them, want them to be happy all the time and dream of the life they will have and how we’re going to help them live up to their full potential and their…

What are parents prepared to do for their children? Everything!

Insuranceforchildren.ca presents a special webinar on Child Plan affiliate advisor marketing program and how selling insurance for children builds you into their trusted family advisor for life. In 2020 Canadian parents gave their children over $10 Billion to buy their first homes. Click HERE to read more. According to a recent study, 50% of parents…

Personalize Your Child Plan™

Create your Child Plan™ Illustration and see how much cash value your child will have for their education and for life.

Create Illustration

To learn more how Child Plan will provide your child with the funds for their future education and financial security for life, book a virtual meeting with a Child Plan Advisor.

Contact Us: childplan@insuranceforchildren.ca