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Child Plan™

Child Plan™ “Participating” Whole Life provides your child with an annual tax-free dividend every year for life, which they can use towards:

  • Any education program around the world
  • A down payment on their first home
  • Funding their first start-up (if that’s their dream)
  • Any financial need in their lifetime
Request Child Plan™ Illustration

Create 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. Child Plan™ “Participating” Whole Life plan cash value can be used for any education program or university around the world without restrictions.
  2. Child Plan™ cash values are guaranteed and grow tax-free from the day you open it.
  3. Your Child Plan™ receives a tax-free annual dividend for life.
  1. You can transfer Child Plan™ to your child tax-free when they turn 18 for their education.
  2. Your child can access their Child Plan™  cash value tax-free for their education.
  3. Child Plan™ also includes whole life insurance for your child’s life for future generations.

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

  • You can open a Child Plan™ “Participating” While life insurance plan for your child as early as 14 days after birth.
  • You can transfer the Child Plan™ tax-free to your child anytime after they turn 18.
  • Cash values can be used for any university or vocational program around the world, not only those on the RESP Designated Educational Institution life.
  • You can use your Child Plan™ annual dividends towards your annual deposits.
  • Cash values can be used by your child for any financial need in their lifetime including education, down payment on a home, starting a business, even to provide financial security for their future family.
  • Child Plan™ can be opened by parents, grandparents, aunts and uncles or legal guardians.
  • Your child can use their Child Plan™ cash values for any financial need in life.
  • Because Child Plan™ is a Whole Life insurance plan, your child will be permanently covered.
  • As a parent, you can control the use of Child Plan™ cash values even after transferring it to your child.
  • Child Plan™ is permanently funded after 20 years. No further deposits will be required.

Sample Child Plan™ Cash and Insurance Value Illustration

Age Accumulated Cash Value Life Insurance Value

20

$82,568 (Education)

$612,728

35

$177,953 (House)

$1,115,297

45

$303,299 (Security)

$1,115,297

65

$834,276 (Retirement)

$1,666,824

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.

Request Illustration

Why Child Plan™?

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