Child Plan™

Child Plan™ Participating whole life plan is a guaranteed tax-free
investment for your child’s future education and life!

From the day you open a Child Plan™, your child will;

  • Receive a tax-free annual dividend every year for life.
  • Have guaranteed cash value for their future education and for life.
  • A tax-free investment they can use for any education or financial
    need in life, including buying their first home.
  • Have permanent whole life insurance for their future, so they’ll never need to buy life insurance ever again when they have a family.


Request a Child Plan™ illustration to see the cash and insurance values for your child's future.

How Child Plan™ Will Grow For Their Education

1. From the day you open a Child Plan™, your child will receive a tax-free dividend every year throughout your child’s life

2. You can deposit up to $100,000 into your Child Plan™ for each child.

3. Cash values are guaranteed and grow tax-free until they start their post secondary education.

5. Your child can access Child Plan™ cash values without fees or restrictions anytime after they’re 18.

5. You child can use their Child Plan™ cash values for any education they will wish to pursue, whether in Canada or anywhere in the world without any government restrictions.

6. If your child has a scholarship or chooses a different path, you do not need to close your Child Plan™.

7. You can use your tax-free government benefits for your Child Plan™.

8. Your child has complete flexibility to use their Child Plan™ for any post secondary education.


How Child Plan™ Will Grow For Their Education & For Life

1. You can open a Child Plan™ for a baby as early as 14 days after their birth and up to age 18.

2. Your child will receive a tax-free annual dividend for life.

3. You can deposit up to $100,000 per Child Plan™ per child/grandchild.

4. Your Child Plan™, cash values are guaranteed.

5. Child Plan™, cash values grow tax-free for life.

6. Child Plan™, cash values will never decline in value throughout your child’s entire life.

7. You can open a Child Plan™, for each of your children.

8. Child Plan™ can be opened by Canadian Citizens, permanent residents and those on work visa’s under certain circumstances.

9. You can transfer the Child Plan™ to your child anytime after they turn 18 completely tax-free.

10. You won’t need to close your Child Plan™ if your child has a scholarship, chooses another path or doesn’t pursue a post secondary education.

11. Your Child Plan™ is flexible and can be used without any fees or restrictions beyond education and to also buy their first home and for any financial need in life.

12. Participating Whole Life Plans have been used by parents in Canada to save for their children’s futures for over 100 years.

13. Parents can also access the Child Plan™ cash values.

14. Your child is not restricted to Canada and can use their Child Plan™ cash value from anywhere in the world.

Sample Child Plan™ Cash and Insurance Value Illustration

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


Sample illustration is for a child under age 1 based on a monthly deposit of $250 for twenty years. There will be no further contributions required after year twenty. The cash and insurance values are based on a dividend interest rate of 6% from a Canadian life insurance company.

Personalize Your Child Plan™

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

Why Child Plan™?

Have a question about Child Plan or wish to speak with a Family Advisor?