Insurance for Children

Canada’s leader in financial planning for children

As a parent, you only want the best for your children. You want to invest in their future today, so you know they will be looked after tomorrow.

This means planning ahead for the rising costs of education. It means choosing an investment vehicle that brings the flexibility required to suit the needs of your family. After all, we can’t predict what the future will bring. is Canada’s leading provider of financial planning for children. Our mission is to provide parents and grandparents with professional advice and personalized solutions to help them build a secure future for their children and grandchildren.

We want to help you give your child permission to dream big. What if you could provide them with the freedom to choose where they want to go to school, or the support they need to put a down payment on their first home? Imagine how incredible it would feel to help your young entrepreneur start their own business.

This is all possible. Let us show you how.

Child Plan™

Whether you’re planning for your child’s future education or any other financial milestones, our Child Plan™ is a tax free investment parents and grandparents can open for their children and grandchildren in Canada, and the fastest growing alternative to RESP (Registered Education Savings Plan).

From the first day you open a Child Plan™ your (grand)child will receive an annual tax-free dividend for life, which they can use towards:
  • Any university or education program around the world;
  • A down payment on their first home;
  • Funding their own company one day;
  • Or any other financial need in life.

Give your child the freedom to choose what their future entails. Contact us to get started.

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Meet Our Founder

Michael Lampel

Michael LampelWhen my third child was born, I was looking at investment options to prepare her for the road ahead, especially in regards to her education. I am one of those people who actually reads the fine print on products, and when I did my research on RESPs, I discovered there were limitations I wasn’t comfortable with. I wanted to give her more freedom to choose what she wanted outside the confines of a government program.

I found my alternative in a Participating Whole Life Insurance plan. That’s right – a life insurance plan, which qualifies my child to receive a tax free annual dividend for her entire life. It also gives her the freedom to go to any university or education program around the world (and not only those approved in Ottawa). If there is money leftover after her schooling, or if she chooses a different path, she can use the cash towards the purchase of her first home, to start her own company, to educate her future children, or for any other financial need in life.

I am often asked by parents (both those who are well off and average income earners): “Why didn’t we know this existed?”

My answer comes in the form of four simple letters: “RESP.” Once the government launched the RESP and gave parents grants in 1998, the financial industry in Canada stopped educating parents on Participating Whole Life Insurance plan, a plan which has been used by Canadian parents since 1847 as a way to save for their children’s education and future. A plan that never and missed an annual dividend payment.

As a result of this research and experience, I created Child Plan™ as a way to help families support their children and encourage them to follow their dreams.

Today’s parents want flexibility and freedom to support their children’s dreams, no matter what their dreams may be. They want to save for their children’s future with the understanding that this is a global world and the education they will receive could be in another country or a program for a new industry not yet invented.

With Child Plan™, using the help of the Canada Child Benefit, I can now use those tax free unrestricted funds from the government (see: Canada Child Benefit) to invest in my daughter’s future. So now, I’m using cash (with no strings attached) to build an investment I can transfer (tax free) to my child any time in life, to help her follow her dreams. And you can too.

If you’d like to learn more, we are here to educate you on how to build a financial plan for your children’s future so they can follow their own dreams. Contact us today to get started.

Child Plan™

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Child Plan™ for Grandchildren

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Sample illustration
of Child Plan™ Cash and Insurance Values

Sample illustration of
Child Plan™ Cash and
Insurance Values

Age Accumulated Cash Value Life Insurance Value
21 $75,352 (Education Fund) $570,319
35 $185,540 (Down Payment) $949,412
45 $332,077 (Security) $1,240,840
65 $990,023 (Pension) $2,005,128
Age Total Cash Value Life Insurance Value
21 $75,352
(Education Fund)
35 $185,540
(Down Payment)
45 $332,077
65 $990,023

Sample Illustration is based on a $2600 annually ($216 monthly) premium for twenty years starting when the child is less than 1. Cash and life insurance values are based on a current dividend scale of 6.25% 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.

Personalize Your Child Plan™

Personalize Your
Child Plan™

Your Child Plan™

Your Child Plan™

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

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