Sample illustration of MCP Cash and Insurance Values
*Based on a Monthly Deposit of $275 per month
| Age |
Accumulated
Cash Value |
Stages |
Life Insurance Value |
| 18 |
$98,064 |
Education |
$229,086 |
| 31 |
$59,945 |
Marriage |
$314,857 |
| 45 |
$131,250 |
Security |
$440,986 |
| 65 |
$388,589 |
Retirement |
$714,257 |
| 85 |
$976,425 |
Family |
$1,209,386 |
Sample Illustration is based on $275 per month deposit for 20 years only and assuming plan starts when the child is less than 1 year old. Values and age 31, 45, 65 and 85 are illustrated assuming 72% of the funds at age 18 are used for education purpose. Cash and Insurance valued are based on current dividends scale from a Canadian life insurance Company and current rate of interest from Canadian RESP Plan Distributor. This example is strictly for illustration purpose only and values may differ.
