Plan Details

Diversification

Part of the premium for participating whole life insurance flows into the company's participating account and is invested.

Peace of Mind

Having insurance for your child can give you peace of mind and reduce stress.

Future Planning

Buying insurance for your child can help secure their financial future.

Affordable Rates

Insurance for children often has lower rates and can be more affordable than adult insurance.

Our plans

Choose Your Plan

We offer plans to suit every family's needs. Below are 3 different case scenarios for a 1 year old boy.

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Plan A: $150/mo from age 1 to age 21

Cash Value Death Benefit
21 $42,531 $332,573
35 $83,264 $396,106
65 $355,360 $654,096
75 $552,479 $798,031

*Sample illustration is based on a $ 150 monthly premium for twenty years starting when the child is less than 1. Cash and life insurance values are based on a current dividend scale of 6.2% from a Canadian Life Insurance Company. This example is strictly for illustration purposes only.

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Plan B: $250/mo from age 1 to age 21

Cash Value Death Benefit
21 $71,576 $559,695
35 $140,645 $669,006
65 $620,140 $1,108,338
75 $936,494 $1,352,209

*Sample illustration is based on a $ 250 monthly premium for twenty years starting when the child is less than 1. Cash and life insurance values are based on a current dividend scale of 6.2% from a Canadian Life Insurance Company. This example is strictly for illustration purposes only.

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Plan C : $500/mo from age 1 to age 21

Cash Value Death Benefit
21 $145,837 $1,140,382
35 $288,565 $1,372,321
65 $1,242,661 $2,287,338
75 $1,933,998 $2,793,517

*Sample illustration is based on a $ 500 monthly premium for twenty years starting when the child is less than 1. Cash and life insurance values are based on a current dividend scale of 6.2% from a Canadian Life Insurance Company. This example is strictly for illustration purposes only.

The Silver Spoon Baby™ Plan is an asset class of life insurance called participating whole life insurance. Each policy has a guaranteed cash value and every year, a tax-free dividend is paid into this cash value. These policies have existed since 1847, and a dividend payment has never been missed.