Child Plan™ is a “Participating” Whole Life insurance plan that provides your child security, flexibility and a head start for any financial need in life including education, down payment on a home or starting a business.
Based on a Monthly Deposit of $225 per month
| Age | Accumulated Cash Value | Life Insurance Value |
|---|---|---|
| 21 | $77,369 (Education) | $585,633 |
| 35 | $188,297 (House) | $963,104 |
| 45 | $335,046 (Security) | $1,247,642 |
| 65 | $977,644 (Retirement) | $1,979,475 |
Sample illustration is based on a $225 monthly premium for twenty years, starting when the child is less than 1. Cash and life insurance values are based on the current dividend scale of 6.50% from a Canadian Life Insurance Company. This example is strictly for illustrative purposes only, the annual dividend scale is not guaranteed and values may differ.
Request a Child Plan™ Illustration and see how much cash value your child will have for their education and for life.
Let’s Talk!
Connect with our family advisors to get started.