Child Plan
Child Plan is a Canadian financial service that offers secure, flexible, and tax-free investment options specifically designed for education and life needs of children and grandchildren. By opening a Child Plan, parents and grandparents can ensure their loved ones receive annual tax-free dividends that can be utilized for various significant milestones, such as education, home purchases, or starting a business.
The Child Plan features participating whole life insurance, which not only grows cash value over time but also provides financial security throughout the individual's life. With a focus on long-term benefits, the plan requires no further contributions after the initial 20-year period, making it an attractive choice for families looking to invest in their children's futures.
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