Silver
Spoon Baby
Tax-free growth, use the funds for tax-free income and you can open a plan for your child as early as 14 days after birth
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Tax-free growth, use the funds for tax-free income and you can open a plan for your child as early as 14 days after birth
Allows the cash value of the policy to grow on a tax-free basis.
Withdraw or borrow against the cash value of the policy without incurring income taxes.
You can open a plan for your child as early as 14 days after birth
Cash values can be used by your child for any financial need in life including education or down payment on a home.
You can use the funds in the plan, while it continues to grow
Lock in your child's health
Sample Illustration is based on a $3000 annual ($250 monthly) premium for twenty years starting when the child is less than 1.Cash and life insurance values are based on a current dividend scale of 6.5% 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.
