Child Plan™

Child Plan "Participating" Whole Life provides your child 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 a Child Plan™ illustration to see the cash and insurance values for your child's future.

How Child Plan™ Grows For Their Education

  1. Child Plan™ "Participating" Whole Life plan also doubles as an education fund.
  2. Child Plan™ guaranteed cash value grows tax-free from the day you open it.
  3. Annual tax-free dividends for life.

  1. Child Plan™ can be given to your child, tax-free, anytime after they turn 18.
  2. Child Plan™ includes permanent whole life insurance that grows in value throughout your child's life for future generations.

How Child Plan™ Grows For Their Education

  • You can open a Child Plan™ "Participating" Whole 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 list.
  • 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 their parent, you can control the use of the Child Plan ™ cash values even after transferring it to your child.
  • Child Plan™ is permanently funded after 20 years. No further deposits will ever be required.

Sample illustration of Child Plan™ 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.

Personalize Your Child Plan™

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

Why Child Plan™?

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