As a parent, one of your main concerns is making sure your child is provided for in the best possible way. The future is volatile, and anything can happen. It’s essential to take preventative measures in assuring a sense of stability for your kids’ financial future. Your child’s big dreams will require a solid foundation, alongside an excellent education. Instead of ultimately struggling financially, why not start early and invest in a savings and insurance plan for your child?
The burning question that you’re bound to hear from a parent is, “How do I go about making financial plans for my child?” A crucial question, but do know that there are alternatives to look into. Starting a fundamental financial plan for your child’s future can be accomplished with a flexible RESP (Registered Education Savings Plan) alternative called Child Plan™. Child Plan™ is a participating permanent whole life insurance plan endorsed by three leading Canadian life insurance companies. It can give your child the opportunity and leverage to:
- Put a down payment on or purchase their first home;
- Dream big and seek schooling anywhere around the world;
- Use the funds to create their first start-up company;
- Save the investment to use as financial security once they have their own offspring.
The return on investment on this important decision will exponentially pay for itself in the long run. Take the right first step to financial freedom for your children today and complete your personalized illustration.