About WLP Capital
WLP Capital is an independent insurance agency. Brady White is a licensed insurance producer. National Producer Number (NPN): 21252961.
Licensed states and license numbers:
- Oregon #21252961 — Life, Health
- Arizona #21252961 — Life, Accident & Health
- Michigan #21252961 — Life, Accident & Health
- New Mexico #21252961 — Life, Accident & Health
- Ohio #1611847 — Life, Accident & Health
- South Dakota #21252961 — Life, Accident & Health
- Texas #3483570 — Life, Accident, Health
- Virginia #1479600 — Life and Annuities
Additional state licenses pending. Not all products or strategies are available in all states.
WLP Capital is not a registered investment adviser, broker-dealer, or law firm. WLP Capital does not provide tax, legal, investment, or financial planning advisory services. Information on this site and in any communication from WLP Capital is for educational purposes only.
Insurance Products
Insurance products discussed on this site, including life insurance and annuities, are issued by third-party insurance carriers and are not products of WLP Capital. Any insurance product sold through WLP Capital is issued by a licensed insurance carrier appointed with Brady White. Carrier identification will be provided in connection with any specific product recommendation.
Insurance product features, availability, and terms vary by state, by carrier, and by individual underwriting. Not all products are available in all states.
Non-Guaranteed Values
Any illustration or example shown on this site or in any presentation reflects non-guaranteed projections based on current assumptions, including but not limited to interest crediting rates, policy charges, premium funding, and policyowner behavior. Actual policy performance will vary.
Past performance is not indicative of future results. No statement on this site should be interpreted as a guarantee of future policy values, cash value growth, income access, or death benefit beyond the contractual guarantees in the actual policy.
Loans and Withdrawals from Life Insurance Cash Value
Many of the strategies discussed on this site involve accessing the cash value of a permanent life insurance policy through policy loans and withdrawals. Policy loans and withdrawals reduce both the cash value available and the death benefit payable to beneficiaries.
If a policy lapses with an outstanding loan balance, the loan amount in excess of cost basis may be subject to ordinary income tax. If too much is withdrawn or borrowed against the policy, the policy may lapse, which can result in the loss of the death benefit and adverse tax consequences. The death benefit is the primary feature of any permanent life insurance policy.
Premium Finance
Some strategies discussed on this site involve premium finance, in which a third-party lender funds a portion of life insurance premiums and the policy is collateral-assigned to the lender. Premium finance is a sophisticated strategy that involves substantial risks including:
- Interest rate risk: If lender interest rates increase, the cost to service the loan increases and may exceed projected policy performance.
- Lender risk: Loan terms, lender willingness to renew, and collateral requirements may change over time.
- Policy performance risk: If the policy does not perform as illustrated, additional out-of-pocket capital may be required to service the loan or maintain the policy.
- Collateral risk: The policy and other assets pledged as collateral are subject to lender claims if loan terms are not met.
- Tax risk: Tax treatment of policy loans, premium finance interest, and policy distributions depends on individual circumstances and applicable law, which is subject to change.
Premium finance is not suitable for all clients. Qualification is based on net worth, income, sophistication, and demonstrated need for the underlying death benefit. Any premium finance strategy should be reviewed with independent legal, tax, and financial advisors before implementation.
Tax Treatment
WLP Capital does not provide tax advice. The tax treatment of life insurance policies, annuities, and any related strategy depends on individual circumstances and applicable federal, state, and local law, which is subject to change.
References to tax-advantaged access to policy cash value generally refer to access through policy loans, which under current federal tax law are not treated as taxable income provided the policy remains in force and is not classified as a Modified Endowment Contract (MEC). Adverse tax consequences may apply if the policy lapses, is surrendered, or is classified as a MEC. Consult your own tax advisor before making any decision based on tax considerations.
Replacement of Existing Coverage
Replacing an existing life insurance policy or annuity contract may not be in your best interest. A replacement may involve:
- Surrender charges on the existing policy.
- A new contestability period and suicide exclusion period on the replacement policy.
- New underwriting and the potential for higher premiums or reduced benefits.
- Loss of features available under the existing policy.
- Tax consequences depending on how the replacement is structured.
Any proposed replacement will be accompanied by a written replacement notice and a side-by-side comparison of the existing and proposed coverage.
Suitability and Qualification
WLP Capital works with clients who meet specific net worth and income thresholds. Suitability for any specific strategy is determined based on a complete review of the client's financial situation, objectives, time horizon, risk tolerance, and demonstrated need for life insurance death benefit. Not every client who meets the published thresholds will qualify for every strategy.
Educational Content
Information on this site is for general educational purposes only and is not a solicitation to purchase insurance in any state where Brady White is not licensed as an insurance producer. Insurance can only be solicited and sold by a licensed producer in states where the producer holds an active license and is appointed with the issuing carrier.
Athletes and NIL Disclosure
WLP Capital works with athletes and NIL recipients. Strategies discussed are designed for clients with substantial income, sufficient liquid net worth, and demonstrated long-term financial sophistication. Life insurance and premium finance strategies are not suitable for all athletes and require careful suitability review.
Athletes considering these strategies should engage independent legal, tax, and financial advisors and should not rely solely on information provided by WLP Capital.
Forward-Looking Statements
Statements on this site about future income, future death benefit values, future tax-advantaged access, and similar projections are forward-looking and reflect current assumptions about policy performance, tax law, and other factors. Actual results may differ materially from any projection.
Contact
For questions about these disclosures, contact WLP Capital at contact@wlpcapital.co.