⦿ Licensed advisors in 8 Canadian provinces
Build generational wealth for your child — starting today
Unlike an RESP, the Child Investment Plan has no contribution limits, no restrictions on use, and grows tax-free for life. Education, a home, a business, retirement — your child decides.
6.35%
- Annual dividend rate
$1.6M+
- Cash value at retirement
$50/mo
- To start
LLQP Licensed
All advisors certified
8 Provinces
Across Canada
6.35% Growth
Annual dividend rate
Tax-Free
No penalties ever
Since 2019
Annual dividend rate
How it works
Simple, transparent, and built to last
The Child Investment Plan is a whole life insurance policy with a built-in savings component. Here's how it works in three steps.
- 1
Choose your monthly contribution
Start with as little as $50/month. Your contribution stays fixed while your returns grow year over year at a guaranteed dividend rate. Parents, grandparents, and family can all contribute.
- 2
Watch it grow — tax-free — for 20 years
Your plan accumulates cash value and builds permanent life insurance coverage. No market exposure, no volatility. Just steady, compounding, tax-advantaged growth.
- 3
Your child uses it for anything they choose
After year 20, your child receives annual dividends. Use the cash value for education, a first home, starting a business, or retirement. No restrictions, ever.
RESP vs Child Investment Plan
Why families are choosing our plan over an RESP
An RESP ties your money to education, government rules, and designated institutions. Our plan gives you — and your child — complete freedom.
| ✦ Child Investment Plan | RESP | |
|---|---|---|
|
Use of funds |
✓ Any purpose — education, home, business, retirement |
× Education only at designated institutions |
|
Contribution limits |
✓ No limits — contribute as much as you want |
× $50,000 lifetime cap per beneficiary |
|
Government control
|
✓ You are in full control of your funds
|
× Rules set and can be changed by government |
|
Tax-free withdrawals |
✓ Fully tax-free at any time, no penalties |
× Growth (EAP) is taxable in child's hands |
|
Life insurance |
✓ Permanent policy, no expiry, no cost increase |
× No insurance component whatsoever |
|
International schools |
✓ Use funds at any school, anywhere in the world |
× Restricted to RESP-designated institutions only |
|
Plan duration |
✓ Open as long as you want — for life |
× Must close after 35 years |
Growth projections
What $400/month looks like over a lifetime
Based on a $400/month contribution for 20 years at a 6.35% annual dividend rate. After year 20, no more contributions — just tax-free growth.
Age 21
University & Education
Cash value
$107,637
+ $859,928 death benefit
Age 30
First Home
Cash value
$211,656
+ $1,217,019 death benefit
Age 40
Start a Business
Cash value
$393,561
+ $1,630,938 death benefit
Age 60
Retirement
Cash value
$1,638,596
+ $3,179,918 death benefit
Projections are illustrative and based on a non-guaranteed dividend rate of 6.35%. Actual results may vary. Speak with a licensed advisor for a personalized illustration.
GOAL CALCULATOR
See how your contributions grow
Set your estimated monthly budget and find out how much it will be worth at every stage of your child's life.
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WHAT PARENTS SAY
Real families. Real plans.
Thousands of Canadian families have started their child's financial journey with us.
★ ★ ★ ★ ★
“I was skeptical about whole life insurance as an investment, but after speaking with our advisor I understood it completely. My daughter is 3 years old and her plan is already building value.”
Marie T.
Montreal, QC
★ ★ ★ ★ ★
“We had an RESP but switched after learning we couldn’t use it if our son decided not to go to university. The Child Investment Plan gives him options we didn’t have before.”
James K.
Toronto, ON
★ ★ ★ ★ ★
“As new immigrants to Canada, we didn’t know where to start. Our advisor walked us through everything in our language. We now contribute $200/month for both our kids.”
Amara P.
Calgary, AB
FAQ
Common questions
The Child Investment Plan is a whole life insurance policy with a built-in savings component. It provides your child with permanent life insurance coverage that never expires, and builds a cash value you can access at any time — tax-free — for any purpose.
Any legally authorized family member can open and contribute to the plan, including parents, grandparents, aunts, uncles, and legal guardians. The child must be under 18 years old at the time of enrollment.
Plans start from as little as $50/month. You can contribute monthly, quarterly, or annually. Multiple family members can also contribute to the same plan.
The plan pays annual dividends based on the insurer's participating account performance. The 6.35% rate shown reflects the current dividend scale and is not guaranteed, though it has been historically stable. Your advisor will provide a personalized illustration showing both guaranteed and non-guaranteed projections.
Yes. Unlike an RESP, there are absolutely no restrictions on how the funds are used. Your child can use the cash value for university, college, a trade school abroad, a home down payment, starting a business, or simply as a retirement fund.
Submit the form on this page and a licensed advisor in your province will contact you within 24 hours. They'll prepare a personalized wealth illustration and walk you through the process at your own pace — no pressure, no commitment.
Ready to start?
Give your child their greatest head start
It takes less than 2 minutes to see your child's personalized projection. Our advisors are available across Canada — in your language.
- advisors@wealthforchildren.ca
- (548)-708-6817
- 2033 Crona Ridge, Arnaldoville, Ontario B3G 0S7, Canada
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