Important Notice

We do not present children's planning as a guaranteed retirement plan. The proper term is Children's Future Planning. Any values, grants, or future outcomes depend on specific product terms, eligibility, and applicable rules. Nothing on this page is a guarantee.

Give Your Child More Than Gifts. Give Them Future Options.

A strong future does not happen by accident. It requires planning, protection, and early action.

01 RESP — Education Savings Plan
A registered savings plan designed specifically for post-secondary education. Families may be eligible for government education savings grants based on the rules of the program. Future values depend on contribution levels, eligibility, and applicable program rules.
02 Child Life Insurance Planning
Life insurance bought while a child is young may let them keep coverage as they grow, and some policies offer options to add coverage later. What a policy allows, and for how long, depends on its terms and the insurer.

The Right Question

The conversation is not about which option is better. The question is: What do you want this planning to do for your child — education savings, future health protection, or a combination of both?

Illustration: parents playing with their two young children in the backyard

Start your child's plan early.

We explain the options for protecting and saving for your children, in plain language, before you decide anything.

Book a free reviewIllustration. Coverage is subject to underwriting and insurer approval.

Planning for your children

What do you want this plan to do for your child: pay for school, protect their future insurability, or both?

The questions parents bring to us, and how we help answer each one.

  1. The problem

    You're not sure where to start saving for school.

    An RESP can attract government education grants, but the rules on contributions and eligibility matter.

    The solution

    The RESP basics, explained

    We explain how RESPs and the grants work in plain words, so you can decide how much to put aside and where.

  2. The problem

    You wonder whether a child needs life insurance at all.

    Children rarely need coverage for income reasons. The usual reasons are future insurability and long-term planning.

    The solution

    An honest yes or no

    We tell you when child coverage makes sense for your goals and when it does not.

  3. The problem

    Every product sounds like the answer.

    Savings plans and insurance do different jobs, and mixing them up leads to the wrong purchase.

    The solution

    Each option side by side

    We put the costs, the limits and what each one can and cannot do on one page.

  4. The problem

    Your own coverage isn't sorted yet.

    A child's plan matters less than the income that supports the whole family.

    The solution

    Parents first

    We check that the parents' life and disability coverage is in place before talking about the children.

Related planning

Why families trust WealthPillar

  • Founded by Chirag Kalra, Chartered Accountant (ICAI, India) and licensed life insurance advisor in Ontario
  • Options, costs and limits explained in plain words before you decide
  • We tell you how we're paid: the insurer pays a commission when a policy is placed
  • Nothing is placed without your sign-off, and you're welcome to show the numbers to your own accountant and lawyer
  • A real office at 181 Queen Street East, Brampton

Why look at it now?

Insurance is priced by age and depends on health when you apply. Education savings have more time to grow the earlier they start.

  1. Pick a time. 30 minutes, by phone or video.
  2. We bring the numbers. Your children's ages, your goals and what you already have.
  3. You decide. If it doesn't make sense for you, we'll say so.

Book my 30-minute review

Prefer to ask a question first? Send an enquiry or WhatsApp +1 942-667-7723.

General education only. Not individualized insurance, tax or legal advice. All coverage is subject to underwriting and the terms of the policy.