Cl One Plan

How Flexible is Child Plan™ vs. RESP?

Child Plan Resp Comparison

Child Plan™ participating whole life plan is a secure, flexible and a tax free savings plan that can be opened by parents and grandparents, aunts or uncles.

  • Participating whole life plans have been used by Canadian parents to save for their children’s future education and life since 1847.

  • With a Child Plan™ participating whole life plan, your child will receive a tax-free annual dividend every year for life.

  • Your Child Plan™ participating whole life plan have no restrictions or fees for your child's future education whether they pursue it in Canada or anywhere in the world.

Child Plan™ participating whole life plan allows your child the flexibility to use the cash value for any financial need in life including education, buying their first home, starting a business for whatever their future dreams may be.


Sample Child Plan™ illustration of cash and Insurance values for a child starting at age one

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 $250 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 5.2% from a Canadian life insurance company. This example is strictly for illustration purposes. The dividend scale is not guaranteed, and values may differ.

Create your personalized Child Plan™ illustration for your Child's future

    Gender *

    Gender *

    Gender *

    Add ChildAdd / Remove ChildRemove Child

    Parent Information