What Is CCSP - Guaranteed Return Policy?
- CANADIAN CHILD SAVINGS PLAN
A Guaranteed Return Policy (GRP) is a specifically designed Participating Whole Life Insurance Policy. The plan provides 3 major benefits: -
- Guaranteed Cash Values,
- Tax-Free annual dividends and
- Permanent Whole Life Insurance.
This unique combination guarantees that the family will have a fund that keeps growing tax-free. The money can be used at any time, for any reason at all;
The child will be insured for their entire life;
In addition to all of this, they will ALWAYS still leave a substantial amount of money for their beneficiaries. (creating Generational Wealth).