Life Insurance Disclosure

Disclosure for Life Insurance Services Provided by BH Capital Funding, Daniel Speiss, and Stone Press Financial Group

1. Roles and Operations:

BH Capital Funding operates as a marketing entity that promotes and introduces life insurance products and services to its clients. BH Capital Funding does not directly sell or provide life insurance. Instead, these services are offered through Daniel Speiss, a licensed Life Broker and Agent, holding the following licenses:

• Life Broker License (LB# 1870781)

• Life Agent License (LA# 1870781)

• National Insurance Producer Registry (NIPR# 21287443)

Daniel Speiss is authorized to operate in New York State and adheres to all state-specific regulations governing life insurance practices. He collaborates with Stone Press Financial Group, a financial advisory and insurance services provider, to offer comprehensive life insurance solutions tailored to client needs.

2. Partnership with Stone Press Financial Group:

Daniel Speiss and Stone Press Financial Group work together to provide clients with access to a wide range of life insurance products, including term life, whole life, universal life, and indexed life insurance policies. Stone Press Financial Group acts as the advisory partner, assisting in designing, recommending, and managing these insurance policies. Together, they ensure that clients receive personalized financial planning and insurance services that meet their specific requirements and goals.

3. Compliance with Life Insurance Regulations:

BH Capital Funding, Daniel Speiss, and Stone Press Financial Group are committed to adhering to all applicable laws and regulations regarding the marketing, sale, and administration of life insurance products. Compliance measures include:

• State-Specific Insurance Regulations: Life insurance laws vary by state. Daniel Speiss, as a licensed broker and agent, ensures compliance with New York State regulations. Clients are advised to consult their state regulations and work with licensed professionals in their area.

• Disclosure and Transparency: All client interactions and transactions are conducted transparently. Detailed information about life insurance products, including terms, conditions, potential risks, and benefits, is communicated clearly. Terms for borrowing against life insurance policies are disclosed upfront to ensure clients understand all implications.

• Consumer Protection Laws: BH Capital Funding, Daniel Speiss, and Stone Press Financial Group strictly adhere to consumer protection laws designed to safeguard policyholders' interests. This includes providing accurate information, avoiding misleading practices, and ensuring clients make informed decisions.

• Anti-Money Laundering (AML) Compliance: All partners involved in the sale and management of life insurance policies follow AML regulations, which include verifying client identities and reporting suspicious activities to prevent money laundering and other illegal activities.

4. Marketing and Advisory Practices:

BH Capital Funding’s role is limited to marketing life insurance products and introducing potential clients to Daniel Speiss and Stone Press Financial Group. Daniel Speiss, leveraging his licenses and expertise, provides advisory services and sells life insurance products in compliance with industry standards and regulations.

• Marketing Practices: BH Capital Funding ensures that all marketing materials and communications comply with regulatory guidelines, accurately representing life insurance products and their benefits. All marketing claims are substantiated by factual information.

• Client Confidentiality and Data Protection: All personal information collected from clients is handled with strict confidentiality. BH Capital Funding, Daniel Speiss, and Stone Press Financial Group implement robust data protection measures to safeguard client information against unauthorized access, use, or disclosure.

5. Commitment to Ethical Standards:

BH Capital Funding, Daniel Speiss, and Stone Press Financial Group are committed to upholding the highest ethical standards. This includes maintaining client trust through honest communication, integrity in business dealings, and a commitment to continuous professional development to stay current with life insurance laws and best practices.

6. Periodic Review and Adaptation:

The partnership periodically reviews its practices to ensure ongoing compliance with evolving laws and industry standards. Clients are encouraged to review their life insurance policies periodically to ensure that their coverage remains aligned with their current needs and complies with regulatory requirements.

7. Legal Disclosures and Disclaimers:

• General Disclaimer: The information provided is for informational purposes only and does not constitute legal, tax, or financial advice. Business owners should consult their legal, tax, and financial advisors before making decisions regarding life insurance or financial planning strategies.

• Life Insurance Product Information: The benefits and features of life insurance policies can vary widely depending on the product and issuing insurance company. Not all policies will perform as described. The description of indexed life insurance policies is illustrative and may not reflect the terms or performance of specific products. Actual product performance may vary based on policy terms, market conditions, and other factors.

• Borrowing Against Life Insurance Policies: Borrowing against the cash value of a life insurance policy will reduce the policy's cash value and death benefit and could result in a taxable event. Loans and withdrawals accrue interest and could lead to policy lapses if not managed properly. Business owners should carefully consider the implications of borrowing against their life insurance policies and discuss these options with their financial advisors.

• Guarantees and Indexed Performance: Guarantees associated with indexed life insurance policies are based on the claims-paying ability of the issuing insurance company. Indexed products may not directly participate in stock or equity investments. The indexed growth is not directly linked to stock market performance but to a selected market index and may have limitations such as caps, participation rates, and spreads.

• Regulatory Compliance: BH Capital Funding and its representatives are licensed to market life insurance products. Information regarding the suitability, features, and benefits of any life insurance product should be obtained directly from a licensed life insurance professional.

Contact Information:

For more information about life insurance services or to schedule a consultation, please contact:

• Daniel Speiss

• Life Broker and Agent

• Email: daniel@bhcapitalfunding.com

• Phone: 631-745-8686