Knowledge First Financial Inc., Canada’s largest RESP company, announced it stopped selling certain RESPs on January 23, 2019 due to lack of sales. The RESP is a government program created in 1972 to help your grandparents save for your parents’ university education. Since then, both the world and education options have changed. When your parents […]
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.
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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