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Michael Lampel & Todd Shapiro Talk About Improving Your Kid’s Futures

On June 10th Michael Lampel, President of Insurance for Children, appeared on the Todd Shapiro Show on SiriusXM Canada and they engaged in a great discussion about improving your kids’ futures. In case you missed it, we’ve got the clip for you.

Todd Shapiro, like many of you, was surprised to find out that with Insurance for Children you can start saving and investing for your child’s future as early as 14 days of age. You really can improve your kids’ future by starting as early as possible. As Todd pointed out, instead of throwing money away on the latest (and very expensive) toy or designer clothes that your child will wear for one season, you can take that money and make a real difference in their lives.

For less than the price of 2 lattes a day you can have a $76,000 education fund for your child! As Michael reminded us, kids are graduating with so much student debt that they’re not able to move out and live independently. With Insurance for Children, your kids won’t be saddled with a mountain of student debt that they’ll be paying off for years to come.

A question was raised about what to do if you don’t feel that your child would be responsible to manage a large amount of money. Would they run to the nearest car dealer instead of paying for their educations? Don’t give them the money; it’s as simple as that. You control the money. It doesn’t become the property of your child or grandchild until you turn it over. And you don’t have to.

Insurance for Children really can improve your kids’ futures. Contact us today and we’ll show you how.

Sample illustration of Child Plan™ Cash and Insurance Values

Based on a Monthly Deposit of $250 per month

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 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 illustrative purposes only, the annual dividend scale is not guaranteed and values may differ.

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Request a Child Plan™ Illustration and see how much cash value your child will have for their education and for life.

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*illustrations are reflective of the annual premium amount

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