Information about the Canada Child Benefit and how parents can use it to invest in their child’s financial planning. The Canada Child Benefit or CCB replaced the Canada child tax benefit (CCTB) and the universal child care benefit (UCCB) as of July 1, 2016 and is the most advanced government program created to help […]
There are a variety of educational options available for advisors in the Canadian marketplace, but only one dedicated to financial planning for children. That’s according to Michael Lampel, founder of MGA insurance for children and host of a series of training programs for advisors keen to learn more about life insurance for kids. The program […]
This is a continuing blog in the series Millennial Parents’ Guide to Financial Planning for Children. Imagine how it would feel to help your child build a life free of debt. A life where they not only had complete freedom to choose where in the world they want to go to university but also one […]
Press Release For Immediate Release Saint-Hyacinthe, October 14, 2016 – Humania Assurance and insuranceforchildren, Canada’s leader in financial planning for children and category leader are pleased to announce a MGA distribution agreement. Humania Assurance, a market leader in children’s insurance products with its flagship Children360 Critical Illness plan has entered into this agreement as part […]
Typically I begin by asking parents what they believe is an RESP (Registered Education Savings Plan)? Every parent automatically and without hesitation replies that it’s an education savings plan for their children’s future education, where the Government gives them 20% of whatever they deposit to their children’s education savings plan.
Millennial Parents’ Guide To Financial Planning For Children By Michael Lampel As a parent of three, I understand there is nothing we won’t sacrifice for our children’s future — including sleep, health, financial future, and yes, even retirement. When I had my first child the last thing I was thinking about was protecting her financial […]
Millennial Parent’s Guide to Financial Planning As a parent, I would do anything for my children. I make sacrifices every day. I sacrifice my eight hours of sleep each night (really though, does such a thing even exist anymore?). I sacrifice the hobbies I used to love. I sacrifice my privacy and personal space. And […]
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