No Fees and 100% Guaranteed
TORONTO, Oct. 7, 2014 /CNW/ - Launching today, giraffe & friends is a worry-free education savings plan that will help new parents sleep a little easier. Ever wish that you could guarantee your child's educational future? New Canadian company giraffe & friends is taking the uncertainty out of saving, introducing the first RESP in the country to offer a 100 per cent guaranteed return. The big difference is that it's guaranteed to grow, with no fees to put a dent in your savings, and parents can be insured so nothing gets in the way of your little one's future. It's built to deliver.
"Unlike other RESP options in the market today, we guarantee the growth of a giraffe & friends RESP, because there is no reason why worrying about how to pay for your child's education should keep a new parent up at night," says Andrew Haid, President and CEO of giraffe & friends. "Our 100 per cent guarantee means that the goal amount a customer selects when building their RESP is the amount they will get at the end of their contributions, with no market risk, no fees and including every possible government grant."
If it sounds too good to be true, it's because the giraffe & friends RESP it is the first of its kind, the modern education savings plan for the modern parent.
Available online from the comfort of your home, giraffe & friends' easy-to-use plan builder allows new parents to customize and create the right plan for their budget to maximize savings. You create your plan, choose a payment amount and frequency you can comfortably afford, activate it and make your payments. giraffe & friends takes care of the rest without you needing to visit a bank branch or have anyone come to your home. As long as your payments are made, the goal you set is the amount your child will have when the time comes to pay for their education.
Being fee-free means that every cent invested goes into the RESP and stays there. That means your savings don't take a dent from management fees or stock market fluctuations. You don't have to watch the market or lift a finger to keep your money growing as promised—it's a plan you can depend on. giraffe & friends not only guarantees your investment, but also takes care of filing all possible government grant applications to get every cent you're entitled to. It's just what a good friend would do.
"The spirit of friendship is an essential piece of our operating values," says Haid. "We use plain language, have simple to use self-serve options and a Friend Centre that is always ready to help. This allows us to provide simple savings and insurance solutions that don't create added stress, complication or worry to our customers."
As the first new Canadian insurance company approved in Canada in almost 40 years, giraffe & friends further offers peace of mind by insuring the parents in case of death or permanent disability, ensuring the RESP will still be paid to completion on their behalf and waiting when the child needs it.
For more information, or to sign up for a giraffe & friends RESP, please visit giraffeandfriends.com. To celebrate their ground-breaking launch, giraffe & friends is giving away three $2,500 CDN giraffe & friends RESPs. Entry is as simple as signing up at giraffeandfriends.com.
About giraffe & friends
giraffe & friends is a 100% Canadian owned and operated federally licensed and regulated insurance company. They're the innovative minds behind Canada's first no-fee, worry-free, 100 per cent guaranteed Registered Education Savings Plan. giraffe & friends also offers a whole-life insurance policy that protects a child from being refused coverage while providing savings for the future, all in one simple product. They put smart planning in parents' hands with their easy-to-use self-serve website giraffeandfriends.com, where parents can plan for their child's future education needs quickly, without having to visit a bank branch or have a representative come to their home.
giraffe & friends is proud to be family owned and operated.
SOURCE: giraffe & friends
For further information: Ray McIlroy, Kaiser Lachance Communications, 647-680-8316, [email protected]
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