2026 Edition
NIL Wealth Strategies — 2026 Coaches & Trainers Education Guide
An Educational Resource Designed to Help Protect Athletes, Families, and Coaching Staff.

This is an educational resource. Coaches/Trainers do not advise, sell, enroll, or recommend. Families review independently.
About the Founder
This educational resource was developed by Andrew McConnell - MBA, founder of NIL Wealth Strategies and former Division I athlete. After experiencing three significant sports-related injuries during his career, he gained firsthand insight into how injuries impact not only performance, but also a family’s financial stability beyond what traditional coverage addresses. That experience led him to pursue advanced education in risk management, insurance planning, and tax compliance, building a compliant and informed foundation designed to provide practical, responsible guidance for today’s athletes and their families.
Professional Background & Credentials
Life & Health Insurance License
Andrew holds a Life & Health Insurance License (License # 3798877), demonstrating his expertise in personal insurance solutions.
Property & Casualty License
With a Property & Casualty License (License # XXXXXXX), he is equipped to advise on comprehensive risk protection.
Enrolled Agent (EA) Designation
His prestigious Enrolled Agent (EA) designation (EA # XXXXXXX) signifies his expertise in representing taxpayers before the IRS on tax matters.
This document is provided for educational purposes only and does not constitute legal, tax, or insurance advice. Always consult with qualified professionals for specific financial or legal guidance.
Purpose of This Guide
At some point in every coach’s career, there comes a moment when they have to call a parent and explain that their athlete has been hurt. What happens next can affect far more than the game — it can impact a family’s financial stability. This guide gives coaches a simple, compliant way to help protect athletes and families, without added risk, liability, or selling anything.
This platform and guide are education-first resources, not sales tools. They are designed to help coaches, athletic staff, and families understand how supplemental health Injury protection works, how it differs from existing coverage, and how to avoid costly financial mistakes before they happen.
What This Guide Does
  • Explains supplemental health protection basics
  • Provides approved messaging for families
  • Defines clear coach boundaries
  • Supports informed family decisions
What This Guide Does NOT Do
  • Require participation
  • Authorize policy explanations by coaches
  • Involve coaches in enrollment
  • Replace school or medical insurance
Families are encouraged to review the information independently and, if interested, enroll directly with the carrier, as all coverage and benefits remain subject to the policy’s terms, conditions, and exclusions.
NIL Wealth Strategies
NIL Wealth Strategies was created to empower student-athletes and their families with essential knowledge regarding Name, Image, and Likeness (NIL) opportunities. This platform serves as a vital, free resource to navigate the complexities of financial decisions and risk management in the evolving landscape of student athletics.
Free Tax & Risk Education
We provide complimentary education on tax implications and risk awareness specific to NIL activities.
Understand NIL Mechanics
Helping athletes and parents grasp how money, contracts, and protection truly operate in the NIL space.
Education-First Approach
Our content prioritizes clear explanations, simple language, and real-world examples above all else.
Tax Education
  • Understanding NIL income taxation.
  • The role and benefits of an LLC.
  • Proper income tracking methods.
  • Strategies to avoid common financial errors.
Risk Awareness
  • Guidance on reviewing NIL contracts.
  • Avoiding detrimental financial choices.
  • Recognizing and resisting pressure tactics.
  • Protecting long-term eligibility and income streams.
Supplemental Protection through Aflac
Explains how supplemental coverage through Aflac works alongside major medical insurance, paying cash benefits directly to families after covered injuries. It simply walks through how the protection works and how it helps reduce out-of-pocket costs during recovery.
What Supplemental Health Coverage Is
Supplemental health coverage is optional, benefit-based insurance that works alongside existing health insurance. It does NOT replace primary health insurance but provides an additional layer of financial protection.
This coverage may provide cash benefits directly to the policyholder after covered events such as accidents, fractures, emergency room visits, hospital stays, and certain treatments. Benefits are paid according to a policy benefit schedule. Coverage and eligibility are subject to policy terms and underwriting approval by Aflac. Policies are backed by the carrier — not by the school, not by NIL Wealth.”
Supplemental coverage is designed to fill financial gaps that primary health insurance may not cover, providing flexible cash benefits that families can use at their discretion during recovery periods.
Benefit-Based Protection
May provide cash benefits directly to the policyholder after covered events such as accidents, fractures, emergency room visits, hospital stays, and certain treatments.
Works Alongside Primary Insurance
Does not replace health insurance. Benefits are paid according to a policy benefit schedule and work in coordination with existing coverage.
Subject to Policy Terms
Coverage and eligibility are subject to policy terms, conditions, exclusions, and underwriting approval by the carrier.
The Modern Athlete Risk Environment
Today's athletes face a unique combination of factors that contribute to injury risk. Training has evolved significantly, with year-round conditioning, increased speed and intensity, greater sport specialization, and more frequent travel exposure for competitions and showcases.
Injuries Occur Across All Sports
Even non-contact sports experience fractures, ligament tears, concussions, emergency room visits, and hospital stays. These events can happen during practice, competition, conditioning sessions, team travel, or even outside of sports activities entirely.
The financial impact of these unexpected events extends beyond medical bills to affect family budgets, work schedules, and daily life during recovery periods.
Year-Round Training
Athletes train continuously with minimal off-seasons, increasing cumulative physical stress
Higher Intensity
Modern sports emphasizes speed, power, and explosive movements at earlier ages
Increased Specialization
Athletes focus on single sports, leading to repetitive stress on specific body areas
Travel Exposure
Regional and national competitions increase time spent in transit and unfamiliar environments
Real-World Financial Impact
While primary health insurance typically covers medical treatment costs, it often does not address the full financial picture families face during recovery. Understanding these gaps helps families make informed decisions about additional protection.
What Primary Insurance May Not Cover
  • Annual deductibles that must be met before coverage begins
  • Copayments required at each medical visit
  • Coinsurance percentages for procedures and treatments
  • Travel expenses to specialized treatment facilities
  • Lost income when parents miss work for care
  • Ongoing household bills during recovery periods
How Supplemental Benefits May Help
Supplemental coverage may provide flexible cash benefits that families can use for:
  • Rent or mortgage payments
  • Car payments and transportation
  • Groceries and daily necessities
  • Travel expenses for treatment
  • Rehabilitation support services
  • Income replacement during recovery
The goal is to provide financial breathing room during recovery so families can focus on their athlete's health and healing rather than worry about making ends meet.
The Difference Between School Insurance and Supplemental Protection
School Athletic Coverage Often:
  • Applies only during official school events
  • Has benefit caps and limitations
  • May not apply during offseason or club play
  • Does not provide flexible direct cash
Supplemental Coverage May:
  • Provide broader protection (subject to policy terms)
  • Pay benefits directly to families as cash
  • Extend beyond official school activities
Affordability Structure
Supplemental accident and hospital plans are designed to be accessible to families. Premiums vary based on the athlete's age, selected coverage level, and policy design. Families choose the level of protection that fits their budget.
Participation is completely voluntary. No school funding is required, and enrollment occurs directly between families and the carrier.
Enrollment Process: Clear & Compliant
Transparency in the enrollment process is essential. Coaches are never involved in sales, enrollment, or handling of applications. The process is designed to be simple, direct, and entirely family-driven.
Step 1: Family Review
Families visit the educational website to learn about supplemental health protection options
Step 2: Interest Form
If interested, families complete a short form on the Supplemental Health page
Step 3: Secure Portal Access
After submission, families receive access to Aflac's secure electronic enrollment portal
Step 4: Direct Application
The application is completed directly through Aflac's system
Step 5: Underwriting & Approval
Underwriting and approval are handled by Aflac, and policies become active per terms
The entire process flows directly between the family and Aflac. NIL Wealth Strategies does not hold client funds, process applications, or make coverage decisions. Policies are issued and administered directly by the carrier. Claims are submitted through Aflac's secure online portal with no third-party involvement.
Family-Driven Process
Families control when and whether they review information, submit interest forms, or complete enrollment. There is no pressure, no deadline, and no requirement to participate.
Direct Carrier Relationship
Underwriting decisions, policy issuance, premium billing, and claims administration are handled entirely by Aflac according to their standard procedures and underwriting guidelines.
Communication Guidelines
Coaches/Trainers play an important educational role by making families aware that supplemental protection options exist. However, clear boundaries must be maintained to ensure compliance and protect both coaches and families. Below is a pre-approved message template for text communication. Templates are provided as examples and can be adjusted as needed depending on whether you are sending a text, email, or other form of communication, while maintaining the intended message and compliance guidelines.
Standard Text Version
Just sharing this for families to review. Sports are more explosive than ever, and injuries happen at every level. Major medical insurance covers primary hospital bills, but this works alongside it to help cover out-of-pocket costs and financial gaps. It may pay cash benefits directly to you if your athlete gets hurt, giving your family flexibility during recovery. Participation is completely voluntary.
✓ Approved Distribution Methods
  • Team email to families
  • Team communication apps
  • Brief mention at parent meetings
  • Handout with approved text
✗ What Coaches Should NOT Do
  • Recommend specific coverage levels
  • Explain pricing or policy details
  • Interpret policy terms
  • Collect applications or payments
  • Provide financial or insurance advice
If you believe your families would benefit from reviewing this educational resource, you may simply forward the supplemental health link.
Carrier Strength & Financial Stability
Aflac supplemental coverage is designed to step in where major medical insurance leaves off. When an athlete gets hurt, primary insurance may cover hospital and doctor bills, but families are often still responsible for deductibles, copays, travel, therapy costs, and missed work. Aflac pays cash benefits directly to the policyholder for covered injuries and events, giving families the flexibility to use the money however they need during recovery. Enrollment, underwriting, and claims are handled directly by Aflac, ensuring a secure and reliable experience from start to finish.
Financial Strength
A+ (Superior) rating from AM Best for claims-paying ability, ensuring reliability.
Direct Cash Benefits
Benefits paid directly to policyholders, offering flexibility for any recovery needs.
Trusted Carrier
Decades of experience as a publicly traded company (NYSE: AFL) serving millions.
Essential Compliance Acknowledgment
To ensure clarity and maintain the integrity of our educational mission, coaches and staff are required to adhere to the following strict guidelines:
✅ Understand Voluntary Participation: I acknowledge that this resource is purely educational and voluntary for families. There is no obligation to participate.
✅ Avoid Recommendations: I will not recommend specific coverage options or levels to any family.
✅ Protect Personal Information: I will not collect or handle any personal financial or insurance information from families.
✅ Refrain from Interpretation: I understand I am not authorized to interpret policy details, coverage terms, or discuss specific benefits.
✅ Utilize Approved Messaging: I commit to using only the pre-approved communication templates and language provided for this program.
✅ Direct Questions to Official Channels: I will direct all family inquiries regarding coverage, details, or enrollment to the official NIL Wealth Strategies website.
Official Resource Links
For detailed information and to ensure families receive accurate guidance, please direct them to the following official resources:
This guide is provided for educational purposes only. Any participation by families is completely voluntary and is subject to the specific policy terms and underwriting approval of Aflac.
Institutional Clarification
To maintain transparency and uphold the highest standards of integrity, NIL Wealth Strategies wishes to clarify the nature and scope of this supplemental health protection guide. This resource is carefully designed to provide essential information without implying any institutional endorsement or obligation.
Educational Purpose Only
This guide is provided strictly for educational purposes. Its aim is to inform athletes and their families about available supplemental health coverage options, helping them understand potential financial impacts of sports-related injuries.
Voluntary Participation
Participation in any supplemental health coverage program discussed herein is entirely voluntary. There is no requirement or expectation for athletes or their families to enroll, nor will non-participation affect an athlete's standing or opportunities.
Policy Terms Apply
All coverage referenced is subject to the specific policy terms, conditions, limitations, exclusions, and underwriting approval of the respective insurance carrier. It is crucial for individuals to review all policy documents thoroughly before making any decisions.
No School Endorsement
Unless formally and explicitly approved by the school administration, this resource does not constitute an endorsement by any educational institution. NIL Wealth Strategies operates independently, and its offerings are distinct from official school programs or insurance plans.
Direct Carrier Handling
All aspects related to enrollment, policy administration, and claims processing for supplemental health coverage are handled directly by the insurance carrier. NIL Wealth Strategies facilitates access to information but does not manage these administrative functions.