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Humania Assurance Signs MGA Partnership with Insurance for Children

humaniaPress Release
For Immediate Release

Saint-Hyacinthe, October 14, 2016 – Humania Assurance and insuranceforchildren, Canada’s leader in financial planning for children and category leader are pleased to announce a MGA distribution agreement. Humania Assurance, a market leader in children’s insurance products with its flagship Children360 Critical Illness plan has entered into this agreement as part of its focus of continuing to build its reach across Canada and its online presence and offerings to families looking to protect the financial future of their children.

As part of the agreement, Humania Assurance and insuranceforchildren will work to distribute its current insurance offerings across insuranceforchildren.ca digital platform and advisor network as well as design and develop a range of children’s insurance products to be marketed under Child Plan™, insuranceforchildren’s leading proprietary brand.

Michael Lampel, President of insuranceforchildren said “We are excited about our partnership with Humania Assurance creators of Children360. We view Humania as a forward thinking innovator of insurance products geared towards meeting the unique financial challenges and goals of today’s millennial families and their children. As their MGA, insuranceforchildren will be able to provide millennial families with a full range of proprietary children’s insurance, education savings and investment products designed for children’s category.”

About insuranceforchildren
insuranceforchildren is Canada’s leader in financial planning for children and category leader in insurance for children. Our mission is to provide parents and grandparents with professional advice and personalized solutions to help them build the secure financial future their children and grandchildren deserve.

Our Child Plan™ is the fastest growing alternative to RESP the only tax sheltered investment parents and grandparents can open for their children and grandchildren in Canada. For more information on insuranceforchildren and Child Plan™ please contact Mr. Michael Lampel, President of insuranceforchildren by email at michael@insuranceforchildren.ca or by phone at 416.642.4346.

About Humania Assurance Inc.
Humania Assurance Inc. is one of the oldest and soundest insurance companies in Canada. It provides insurance coverage to more than 200,000 individuals and is committed to providing outstanding service to meet the needs of its current and future clients.

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Source:
Kim Oliphant, Vice-President Sales & Marketing
Humania Assurance inc.
1 800 363-1334, poste 248
kim.oliphant@humania.ca
www.humania.ca

Sample illustration of Child Plan™ Cash and Insurance Values

Based on a Monthly Deposit of $225 per month

Age Accumulated Cash Value Life Insurance Value
20 $80,448 (Education) $770,802
35 $184,850 (House) $1,070,880
45 $325,714 (Security) $1,343,568
65 $964,321 (Retirement) $2,082,564

Sample illustration is based on a $225 monthly premium for twenty years, starting when the child is less than 1. Cash and life insurance values are based on the current dividend scale of 6.0% from a Canadian Life Insurance Company. This example is strictly for illustrative purposes only, the annual 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.

Request Illustration

*illustrations are reflective of the annual premium amount

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