Why spend your federal child benefits payments on just covering the cost of living when you can create a stream of wealth that will last multiple lifetimes!
Child Savings Plan has been designed to replace a parent’s stress of providing for their children, with the comforting feeling of knowing that there is a Nest Egg available to give them a Jump Start. The CCSP is a low-cost children’s insurance plan that grows while the children grow. Although it offers a basic amount of permanent insurance, the main benefit of this plan is its flexibility and easy access, coupled with the quick growth of the savings portion of the plan. This can be used at any time and for any purpose whether it’s that first car, or college tuition, or the dream wedding. Please note that the total savings in the plan is completely controlled by the owner of the plan – usually the parents or grandparents.