Child Plan™ or RESP?

Child Plan™ or RESP? Which Plan Offers The Greatest Flexibility For Your Child's Future?

Can Be Used For Any Education Without Restrictions?

Provides your child with an annual tax-free benefit for life?

Can be used for any financial need in life beyond education

Includes guaranteed cash value growing tax-free for life

Registered Education Savings Plan (RESP)

Government will match 20% CESG grant up to $500 per year, until your child reaches age 18.

The maximum CESG grant is $7,200 by the time your child starts post secondary, as long as you deposit $36,000.

Your child can access their RESP as long as when they are 18 they choose a Government approved education program

Your child can only use their RESP for education related expenses approved by the financial insitution

If your child has a scholarship or chooses a different path. You must close the RESP account.

Return all the CESG grants. If there is any growth in the account. You are required to pay the taxes on the growth plus a 20% penalty

Child Plan™ For Any Education They Dream Of !

Child Plan ™, is a Participating cash value whole life plan that can be opened as early as 14 days after they’re birth.
From the day you open a Child Plan™, your child will receive a tax-free annual dividend every year for life!

Child Plan™, cash value is guaranteed and grows tax-free during your child’s entire life

With Child Plan™ can use their plan for any university, college or education program anywhere in the world, without Government restrictions.

If your child has a scholarship, or chooses a different path. You don’t have close their Child Plan™ and let it continue to grow tax- free for life

With Child Plan™, your child can use the cash value for any financial need in life beyond education.

Sample Child Plan™ Cash and Insurance Value Illustration

Age	Accumulated Cash Value	Life Insurance Value
21	$82,568	$612,728
35	$177,953	$899,621
45	$303,299	$1,115,297
65	$834,276	$1,666,824

*Sample illustration is for a child under age 1 based on a monthly deposit of $250 for twenty years. There will be no further contributions required after year twenty. The cash and insurance values are based on a dividend interest rate of 6% from a Canadian life insurance company.

Personalize Your Child Plan™

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