What Is CCSP - Guaranteed Return Policy?
- CANADIAN CHILD SAVINGS PLAN
A Guaranteed Return Policy (GRP) is a specially designed Participating Whole Life Insurance Policy. This plan offers three major benefits:
- Guaranteed Cash Values
- Tax-Free Annual Dividends
- Permanent Whole Life Insurance
This unique combination ensures that your family will have a fund that grows tax-free and can be used for any purpose at any time. It also provides life insurance coverage for the child's entire life, and it creates generational wealth for their beneficiaries.