Make the most of your Canada Child Benefit and set your child up for success

The Canada Child Benefit (CCB) is a welcome but often confusing perk for new parents.  Without a solid financial plan, parents often mismanage the funds and lose the golden opportunity to maximize their child's financial freedom.

Child Plan is the smart choice for any parents who want to ensure their benefit contributes to their child's future success and remains flexible no matter where life takes them.

Why should I use my CCB towards a Child Plan instead of an RESP?

RESPs have been around for decades but haven't evolved with the times. They don't offer the cash value, flexibility and peace of mind that parents expect from an investment and are bloated with fees, penalties and risks that aren't transparent.  Child Plan is the fastest growing RESP alternative for a reason.

What happens when my CCB payments expire?

You will continue to receive the Canada Child Benefit child is 18.  If you put your monthly CCB towards a Child Plan starting at birth to age 18, up to 90% of your contributions could be covered by the benefit.  Once the contribution period is complete, your Child Plan remains in place for the life of your child or until it's cash value is withdrawn.

What if my child wants to take a different path that doesn't involve a traditional education?

Unlike RESPs, Child Plan's cash value has no restrictions on it's use and can be towards education, starting a business, buying a home or anything else in life.  It only goes up in value the longer it matures, so contributing early in your child's life is the key to maximizing it's long term value.

What's the catch?

It's cliché, but there isn't one! Child Plan is a Participating Whole Life Insurance policy that parents have used to save for their children's future for over 170 years.  Not only does it provide an annual tax free dividend for life, it's also a life insurance policy that can add an extra layer of comfort for families.

Request your personalized illustration to see how Child Plan would transform your Child's financial future.

AgeAccumulated Cash ValueLife Insurance Value
21$81,551 (Education)$740,086
35$171,034 (House)$982,502
45$294,422 (Security)$1,206,049
65$830,827 (Retirement)$1,787,621

Wondering how much your Child Plan™ is worth at life's biggest stages?

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    Child Plan™ Sample Illustration (Cash and Insurance Values)

    Based on a Monthly Deposit of $250 per month

    Accumulated Cash Value
    Life Insurance Value
    $82,568 (Education)
    $177,953 (House)
    $303,299 (Security)
    $834,276 (Retirement)


    Sample illustration is based on a monthly contribution of $8.32 a day/$250 a month for twenty years, starting when the child is less than 1 years old. Cash and life insurance values are based on the current dividend interest rate of 6% from a Canadian life insurance company. This example is strictly for illustration purposes. The dividend scale is not guaranteed, and values may differ.

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    *illustrations are reflective of the annual premium amount