We all live busy lives and you may not have had the opportunity to watch Michael Lampel on Global Morning on June 2nd so we have the clip on our website for you. It was a lively, round table discussion on saving for your kid’s financial future and Michael brought up some very valuable points […]
A while back we posted a blog called Are You a Member of the Club Sandwich Generation? about a relatively new phenomena called the Club Sandwich Generation – people taking care of 3 generations:
As we’ve blogged on several occasions – Why is There So Much Student Debt?, There is No Escape From Student Loans,
People are confused about life insurance and about the insurance industry in general. There are too many products, and the products are complicated. As a result fewer Canadians are buying life insurance in spite of the fact that there is a definite need. Those in the insurance industry recognize the problem and see the need […]
HSBC recently sponsored a global survey – The Value of Education: Springboard for Success. Parents were asked what their priorities were in allocating money to help their child financially in life.
“At the end of the day, the most overwhelming key to a child’s success is the positive involvement of parents.” Jane D. Hull Parents have dreams and hopes for their children – a better life, good education, great job, wonderful family of their own. As time goes by the cost of living, post-secondary education and […]
The average price of a latte is $4.00. Two lattes a day =$8.00. One year of lattes can cost you $2,920.00. For less than the price of 2 lattes a day you can have a $76,000 education fund for your child!
If you’re like many Canadian families, the realities of retirement may be causing a full scale panic, especially if you have university age children. A Leger Marketing survey discovered that:
Although we are bombarded with messaging about RESPs, not many Canadians are using them. This is quite surprising given the high cost of post-secondary education which can amount to $60,000+ for a four-year undergraduate degree. If you have young children now, the costs will most likely more than double by the time they are university […]
Sample illustration of Child Plan™ Cash and Insurance Values
Based on a Deposit of $225 per month
|Age||Accumulated Cash Value||Life Insurance Value|
1. Sample illustration is based on a $225 monthly premium for twenty years, starting when the child is less than 2. Cash and life insurance values are based on the current dividend scale of 6.35% from a Canadian Life Insurance Company. 3. This example is strictly for illustrative purposes only, the annual dividend scale is not guaranteed and values may differ.
Personalize Your Child Plan™
Request a Child Plan™ Illustration and see how much cash value your child will have for their education and for life.
*illustrations are reflective of the annual premium amount