Frequently Asked Questions (FAQ)
General Questions
What is the Capital Control System?
The Capital Control System is a modern wealth-building strategy. It allows you to create your own personal financial system using participating whole life insurance policies. This system helps you grow wealth, access liquidity, and minimize reliance on traditional banks.
Is the Capital Control System legal in Canada?
Yes, it is completely legal and recognized by Canadian financial institutions. It leverages insurance products that are regulated by Canadian authorities and offers several tax advantages when structured correctly.
How does the Capital Control System work?
You contribute premiums to a participating whole life insurance policy, which builds cash value over time. You can borrow against this cash value while still earning interest on the full amount. This allows you to fund major purchases, invest, or manage expenses without relying on external loans.
Who can benefit from the Capital Control System?
The system is ideal for:
Tattoo artists and shop owners
Barbershop owners
High-income professionals
Small business owners
Large corporations
Creative freelancers
E-commerce entrepreneurs
Financial Benefits
How does the Capital Control System help me build wealth?
By leveraging the cash value of your insurance policy, you can reinvest borrowed funds while continuing to earn uninterrupted compound interest. This accelerates your wealth-building potential and creates multiple income streams.
Can I use the Capital Control System to fund business expenses?
Yes, you can borrow against your policy to fund business growth, cover operational expenses, or invest in new opportunities without needing traditional bank loans.
What are the tax advantages of using the Capital Control System?
The growth inside a whole life insurance policy is tax-deferred, meaning you won’t pay taxes on gains until you withdraw the funds. Additionally, death benefits are typically paid out tax-free to beneficiaries.
Practical Applications
How can I use the Capital Control System to buy a home or car?
Instead of taking out a mortgage or car loan from a bank, you can borrow from your policy’s cash value. You repay the loan on your own terms, and the interest you pay goes back into your own wealth system.
Is this system suitable for retirement planning?
Yes, it allows you to accumulate wealth tax-deferred, access funds in retirement without penalties, and pass on tax-free death benefits to your heirs.
Can I pay off debt using this system?
Absolutely. By borrowing from your policy, you can pay off high-interest debt and then repay your policy loan at a lower interest rate, saving money over time.
Getting Started
How do I get started with the Capital Control System?
You can start by scheduling a free consultation with us. We’ll assess your financial goals, explain the system in detail, and help you set up a customized plan.
Is there ongoing support after setting up the system?
Yes, we provide continuous guidance, financial reviews, and strategy adjustments to ensure your financial system continues to meet your evolving needs.
How much money do I need to start?
The required starting amount varies depending on your financial goals and the insurance policy selected. We offer flexible plans tailored to your specific needs.
Still Have Questions?
If you have more questions, feel free to contact us or book a free consultation today to learn how the Capital Control System can help you achieve your financial goals.