The generations that come after you are always going to need help. And if you’re able to do it, wouldn’t it be nice to pass on some money in their lifetime and even your lifetime? The great news is there is an insurance product that can be purchased for your children or grandchildren that increases in value in their lifetime, and they have access to the cash in the policy! Think of it as an RESP but without the government restrictions or the requirement to use the money to pay for education.
My role is to help you understand this great product that can help pay for education, or a down payment on their first home or pay for a wedding. And help you to feel comfortable that you’re providing for your children and grandchildren.