Increase wealth. Save tax. Leave a Legacy.
Giving your children
a head start for
tomorrow
Your children can use the fund towards:
- Education payment
- Down payment for their first home
- Funds for a start-up
-
Funding retirement
Your children can use the fund towards:
REQUEST A FREE QUOTE
AND
Instant detailed Benefit Brochure sent to your email upon quote request
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Name of Contributor*
Name of Child/Children
Phone*
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Benefits of Legacy
Legacy harnesses the strength of compounding interest to grow your investment inside a tax shelter
Legacy offers flexibility & can be used towards a down payment for your child’s first home, starting a business, or even funding their retirement – They can choose when to use it throughout their lives
Legacy builds a tax-free gift for both your child and your grandchildren
Tax sheltered growth
Cash value inside the policy grows tax-free throughout the child’s lifetime
Increasing benefit and coverage
Reinvest policy dividends and grow investment value & overall coverage
Buying a home
Cash value inside the plan can be used to fund down payment for your child's first home
Funding retirement
Cash value inside the plan can be used to fund a tax efficient retirement for your child
Seed money for new business
Cash value inside the plan can be leveraged to start a new business or fund an existing business expansion for your child
Low cost premiums
Because Legacy plans are based on mortality risk, coverage will never be less expensive than right now for young children
Premiums can be paid completely in 20 years and then no further funding is ever required
Lifelong coverage
Legacy plan coverage never expires and protects your child for life
Guaranteed insurability
Guarantee your child’s coverage while they are young and healthy
Sample Illustration
Age
Accumulated Cash Value
Life Insurance Value
21
$25,875 (Graduate School)
$194,765
30
$45,628 (Home Down Payment)
$269,925
40
$81,467 (New Business Capital)
$349,845
65
$301,193 (Retirement)
$601,035
Sample Illustration is based on a deposit of $1200 annually ($100 monthly), female client, age 0. Premiums are payable for 20 years and include the paid up additions dividend option. The cash values and insurance values shown are based on an illustration of a participating whole life insurance plan from The Equitable Life Insurance Company of Canada and is based on current dividend scale. Dividends are not guaranteed. They are subject to change, and will vary based on the actual investment returns in the participating account as well as mortality, expense, lapse, claims experience, taxes and other experience of the participating block of policies. Illustration assumes the life insured will qualify for non-smoking status at age 18. Premiums will be higher than those illustrated if the life insured does not qualify for non-smoking status at age 18.
How To Get Started
How To Get Started
Step 2
One of our licensed agents will contact you. If you like what you see, we can proceed on the insurance application.
Step 3
Receive your policy and start building the legacy for your child.
I want to secure my children's future and receive a FREE detailed Benefit Brochure.
The Power of Compounding Interest
Compound interest is the eighth wonder of the world because: "The real route to riches is to set aside a portion of your money and invest it, so that it compounds over many years. That's how you will become wealthy while you sleep. That's how you will make money your slave instead of being a slave to money.”
A Legacy Investment takes advantage of compounding interest inside a tax shelter. Young children have a long time horizon to allow compound interest to grow over many years.
Location
9980 Dufferin Ave
Box 20011
Maple, ON
L6A4M4
Location
9980 Dufferin Ave
Box 20011
Maple, ON
L6A4M4
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