What Is RESP & Why It’s Important?
An RESP helps parents save for their child’s post-secondary education. Contributions grow tax-free and qualify for government grants — helping your child’s dreams come true.
Why Choose Insurance Plaza?
We make saving for education simple and rewarding with expert guidance.
✅ Access to government CESG grants
✅ Tax-free growth on contributions
✅ Customized savings strategies
✅ Flexible contribution and withdrawal options
Our Process – Simple, Clear, Effective
Discovery Call
We start by understanding your needs, family goals, and financial priorities.
Customized Planning
We create a tailored plan combining the best coverage and savings solutions.
Policy Selection
We compare leading providers to find you the best rates and benefits.
Ongoing Support
Your life changes — and so should your plan. We’re here every step of the way.
Key Benefits of RESP
✅ Grows education fund faster
✅ Reduces future financial stress
✅ Encourages early saving habits
✅ Backed by government grants
Testimonials
What Our Clients Say
Varun Makol
Tushar Biyani
Faq
Frequently Asked Question
1. Who can open an RESP?
Parents, grandparents, or relatives for a child under 18.
2. How much government grant can I get?
Up to 20% of your yearly contributions.
3. What if my child doesn’t attend college?
Yes, many plans allow upgrades as your needs grow.
4. Is RESP taxable?
Earnings are tax-free while funds remain in the plan.


Ready to Protect What Matters Most?
Let’s build your personalized insurance and investment plan today. It’s free, quick, and all about your goals.