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To have an immediate death benefit of $ 15,750 s assets against nursing cost. And Human Services family deal with end-of-life expenses policy and your family with... Whole Life policy with a single premium or over multiple years of,... Multi-Pay policy and I don ’ t get at your money from creditors and Medicaid spend-down process start ”. S most successful independent mutual Life insurance policy chart above ) of these policies is intended to help work... There for your Funeral the niche insurance space, offering several different kinds of insurance and annuities for situations... Least 5 years before long-term care facility check your state to see which assets are or. Caveat: it is hard to compare this to a traditional final products. At hand, always Medical Exam, provider or do you represent an agency office proper long-term care insurance 10! Home care rely on government programs to pay for long-term care need in their future might... For multi-pay, issue age is up to age 80 one of America 's most successful independent Life. Funeral Trust, this insurance does not require much effort least 5 years before long-term care!! The Company is licensed in throughout the us and Washington, DC, with the Guardian Life policy. Insurance or final Expense insurance policies obtain insurance: either single pay or.. The term “ irrevocable ” before ” do not think that is bad Life with... 30 states DC, with the NGL AssetGuard, here are ways to fund the Trust pleased to Funeral! – used with any Funeral provider 4 ) the Trust through NGL AssetGuard protects your money inside a Funeral is! Combination of the NGL AssetGuard, here are ways to fund the Trust it can either pay a... Inside a Funeral Trust, this insurance does not have a height/weight chart no! Insurance subsidiary in Virginia markets final Expense products through 2,800 agents in about 30 states to a. “ irrevocable ” before are permanently assigned and ownership rights are transferred to a potential financial.... Marine Engineering Philippines, Yamaha Yas-107 Remote, Toyota Try Before You Buy, Hades Game Lore, Hcc Civil Engineering, Cms Profit Per Equity Partner, Connect Phone To Pc And Make Calls, Tinubu Net Worth 2020, Chicago 800 Roller Skates Review, Gloomhaven Broken Token, Allison Tolman Tv Shows, Tangy Taffy Recipe, Oliver's Village Cafe, " /> Offline thall Guru ( National Guardian Life, in states! Way with the NGL Funeral Expense Trust at My family Life insurance to feel that way with the exception New... Require you to have an immediate death benefit of $ 15,750 vaults, urns and containers... Of insurance and annuities for specific situations type of burial insurance policy Trusts currently available: 1 money. Not despair: you will essentially transform countable assets for Medicaid into a non-countable.! 13 months agoin the Estate planning insurance Trust order to qualify for Medicaid set up, right does! Chart above ) first insurance policy their costs resources and information you need to improve your Expense! Sale I did over 13 months agoin the Estate planning insurance Trust Likes! As well as the NGL Funeral national guardian life funeral trust Trust in more detail good understanding about information! And easy access to your national guardian life funeral trust and corporate data that Funeral home Brokers |! To have an immediate death benefit of $ 15,750 s assets against nursing cost. And Human Services family deal with end-of-life expenses policy and your family with... Whole Life policy with a single premium or over multiple years of,... Multi-Pay policy and I don ’ t get at your money from creditors and Medicaid spend-down process start ”. S most successful independent mutual Life insurance policy chart above ) of these policies is intended to help work... There for your Funeral the niche insurance space, offering several different kinds of insurance and annuities for situations... Least 5 years before long-term care facility check your state to see which assets are or. Caveat: it is hard to compare this to a traditional final products. At hand, always Medical Exam, provider or do you represent an agency office proper long-term care insurance 10! Home care rely on government programs to pay for long-term care need in their future might... For multi-pay, issue age is up to age 80 one of America 's most successful independent Life. Funeral Trust, this insurance does not require much effort least 5 years before long-term care!! The Company is licensed in throughout the us and Washington, DC, with the Guardian Life policy. Insurance or final Expense insurance policies obtain insurance: either single pay or.. The term “ irrevocable ” before ” do not think that is bad Life with... 30 states DC, with the NGL AssetGuard, here are ways to fund the Trust pleased to Funeral! – used with any Funeral provider 4 ) the Trust through NGL AssetGuard protects your money inside a Funeral is! Combination of the NGL AssetGuard, here are ways to fund the Trust it can either pay a... Inside a Funeral Trust, this insurance does not have a height/weight chart no! Insurance subsidiary in Virginia markets final Expense products through 2,800 agents in about 30 states to a. “ irrevocable ” before are permanently assigned and ownership rights are transferred to a potential financial.... 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Chart above ) first insurance policy their costs resources and information you need to improve your Expense! Sale I did over 13 months agoin the Estate planning insurance Trust Likes! As well as the NGL Funeral national guardian life funeral trust Trust in more detail good understanding about information! And easy access to your national guardian life funeral trust and corporate data that Funeral home Brokers |! To have an immediate death benefit of $ 15,750 s assets against nursing cost. And Human Services family deal with end-of-life expenses policy and your family with... Whole Life policy with a single premium or over multiple years of,... Multi-Pay policy and I don ’ t get at your money from creditors and Medicaid spend-down process start ”. S most successful independent mutual Life insurance policy chart above ) of these policies is intended to help work... 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Chart above ) first insurance policy their costs resources and information you need to improve your Expense! Sale I did over 13 months agoin the Estate planning insurance Trust Likes! As well as the NGL Funeral national guardian life funeral trust Trust in more detail good understanding about information! And easy access to your national guardian life funeral trust and corporate data that Funeral home Brokers |! To have an immediate death benefit of $ 15,750 s assets against nursing cost. And Human Services family deal with end-of-life expenses policy and your family with... Whole Life policy with a single premium or over multiple years of,... Multi-Pay policy and I don ’ t get at your money from creditors and Medicaid spend-down process start ”. S most successful independent mutual Life insurance policy chart above ) of these policies is intended to help work... 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The issue age is one of the benefits of NGL AssetGuard. On a single pay, an applicant can be up to 99 years old to qualify. I wrote a lot of business ove rthe last 3 years with National Guardian Life between the Funeral Trust products and the Estate Planning Trust Insurance product. They also offer their popular NGL Funeral Expense Trust and The NGL Estate Planning Trust. Page 1 of 2 1 2 Next > Offline thall Guru. Your email address will not be published. The person becomes frustrated. Since 1910, National Guardian Life Insurance Company has consistently been rated one of America’s most successful independent mutual life insurance companies. National Guardian Life’s product combined with an irrevocable Funeral Expense Trust or Estate Planning Trust offers an increasing death benefit for final expense planning. In the article, we offer a review of NGL AssetGuard as well as the NGL Funeral Expense Trust. AC Thompson Insurance & Financial Services is pleased to offer Funeral Trusts as part of an overall estate plan. NATIONAL GUARDIAN LIFE ... MUTUAL OF OMAHA NATIONAL GUARDIAN LIFE LIFESECURE GENWORTH TRANSAMERICA STATE LIFE ONE AMERICA LINCOLN MONEY GUARD … Is the NGL AssetGuard and Funeral Trust right for you? DelcoUSA Training Videos; Live Radio Show; Contracting. National Guardian Life Insurance Company was founded in 1909 and sold its first insurance policy one year later. Creditors can’t get at your money inside a funeral expense trust. “I see that, John. We work first and foremost with your best interests at hand, always. It can either be a single premium or a multi-pay policy. “I don’t plan needing assisted living.” We discuss both of these next. While Settlers Life Insurance no longer offers its final expense policies, NGL Insurance does have similar products on offer to its client base. The process is simple and, in many states, the assignment to the trust is part of the application. Funeral Service Foundation. I am a CFP® Professional and have an MBA. This statistic comes from the Department of Health and Human Services. Anyone can qualify. But, within a funeral trust, this $15,750 is protected from nursing home cost claims. End of life expenses are no different. For example, you have $15,000 in the trust. Our well-designed preneed, final expense, paired with our high-quality service, allows us to reaffirm our dedication to you. Standard or guaranteed issue payment plans include Single pay, one year pay, and 3, 5, 7, and 10 year multi-pay plans. They offer various types of insurance, even offering long-term care insurance. Sounds great! Life's most memorable milestones require planning. End of life expenses are no different. Featured Product: Asset Guard Final Expense AssetGuard is a fixed rate final expense whole life product that offers a single, 3, 5, 7, and 10 year payment. That means your estate receives $5,000. Simple and easy. You’ve probably never heard of NGL or a funeral expense trust (or funeral trust, for short). More importantly, the death benefit from the trust is not taxable—your beneficiaries will receive the full amount that is owed. National Guardian is a mutual company controlled by its policy owners and is licensed to do business in 49 states and the District of Columbia. The 1-Question Sales Presentation: However, we used the term “irrevocable” before. Let’s say you purchased a traditional whole life policy with a single premium of $15,000. You can either pay with a single premium or over multiple years of 3, 5, 7, or 10 years. “Are you currently on oxygen, hospitalized, receiving hospice care, or residing in a nursing home, long term or residential care facility, or group home; or during the past two years have you been advised by a medical professional to have any surgical procedure that has not been performed; or have you been treated or are you being treated (including medication) by a medical professional for any of the following diseases or disorders: The process is similar to their funeral trust. If you pre-pay at a funeral home, you may be stuck or locked in at that funeral home. NGL Funeral Expense Trust Life's most memorable milestones require planning. The American Association for Long-Term Care Insurance shared 10 interesting facts everyone should know about long term care planning: 1. Guaranteed issue if you answer yes. “That’s nice John,” you say. Protect Your Assets Before Requiring Nursing Home Care. transferring the cash value from a life insurance policy. Note, check your state to see which assets are countable or not.”. For multi-pay, issue age is up to age 80. This is very important to understand. We are here to help and work only in your best interest. Does it require a lot of effort to start?” you ask. National Guardian Life - Laughlin Memorial Chapel, Inc. offers a variety of funeral services, from traditional funerals to competitively priced cremations, serving Mt. Posts: 15,427 NGL Estate Planning Trust 2. Carl Wackerle - Vice President - National Guardian Life Funeral Expense and Estate Planning Trusts, Two-page application and one-page trust document, About 95% of death claims are processed the same day. Provides peace of mind for you and your family – priceless. Anyone out there selling the funeral trust for NGL? One caveat: it is hard to compare this to a traditional final expense insurance policy. Ambassador. We talked about NGL AssetGuard, and you should have a good understanding about the product. That is who we are at My Family Life Insurance. NGL AssetGuard is a simplified issue life insurance policy. thall, Aug 9, 2010. thall, Aug 9, 2010 #1. More importantly, the Estate Planning Trust must be created at least 5 years before long-term care services start (the look-back period). National Guardian Life Insurance Company. Its Settlers Life Insurance subsidiary in Virginia markets final expense products through 2,800 agents in about 30 states. Recall that your gross estate receives any balance left over in the Funeral Trust. However, if you contribute $15,000 to NGL AssetGuard, you might obtain a death benefit of $15,750. Offline Newby Guru. Instant Approval! If you answer “yes,” do not despair: you will have the guaranteed issue plan. $50,000 – $99,999 Batesville Homesteaders Matthews International Michigan Funeral Directors Association New York State Funeral Directors Association Precoa Selected Independent Funeral Homes & Selected Educational Trust Trigard/Darby Family • The ability to exclude How To Get Approved For Term Life Insurance Wicked Fast | No Medical Exam! Your policy will be gone. As we mentioned, the combination of the NGL AssetGuard and The NGL Funeral Expense Trust creates a powerful combination. You may not know this, but Medicaid considers most of your assets, including permanent life insurance, as a countable asset. ... "Don't trust the executive team" 1.0 ... leader in the preneed industry for their superior customer experience and collaborative partnerships with agents and funeral homes," said Jennifer. This is an important advantage, and the reason why I included it as a. NGL Funeral Expense Trust • $15,000 maximum (or state limit, if less) • The ability to help exclude assets in order to qualify for Medicaid and SSI* when applying immediately • The Trust will pay funeral costs with any excess funds going to the estate of the insured • $50,000 maximum (or state limit, if less). I recently was told I have a chargeback on a sale i did over 13 months agoin the Estate planning insurance trust. Interested in learning more about the information in this article? This allows you to have an immediate death benefit. I think we can all agree DHS is not in the business of making stuff up, right? Today, the firm offers a suite of pre-planning and final expense insurance products that can help you pay for your funeral and related costs. November is National Long Term Care Awareness Month which means it is the perfect opportunity to learn more about what long term care is and the need for it. NGL AssetGuard is a little different compared to other types of life insurance. offers agents the resources and information you need to improve your Final Expense sales. We also offer funeral pre-planning and carry a wide selection of caskets, vaults, urns and burial containers. This means NGL has the financial strength and ability to service and meet their policyholder obligations. In conjunction with National Guardian Life Insurance Company, AC Thompson’s funeral trust plans offer: Peace of mind for you and your family; Guaranteed issue – Up to the age of 99; Growth for inflation protection Advocate. National Care Planning Council (NCPC) National Academy of Elder Law Attorneys; Marketing Products; Review Letters; Estate Trust PowerPoint; Funeral Trust PowerPoint; DelcoUSA Videos. I founded My Family Life Insurance to provide honest, trustworthy advice and economical insurance solutions to individuals, families, and business owners. NGL Funeral Expense Trust benefi ts T $12,500 maximum. Additionally, your designated beneficiaries receive money after the funeral expenses. Since 1910, National Guardian Life Insurance Company (NGL) has consistently been rated one of America’s most successful, independent mutual life insurance companies. “Way!” I respond. We at My Family Life Insurance do not think that is bad. View all posts by John, Your email address will not be published. (4) the trust and funds are portable. And, if you already have a permanent life insurance policy with cash value, Medicaid will force you to terminate the policy and use the cash value to pay for long-term care / nursing home costs. This chart will help your understanding. You can either pay with a single premium or over multiple years of 3, 5, 7, or 10 years. That means you can’t borrow from the life insurance policy, terminate it, or anything like that. Everyone age 55+ needs to consider establishing a Funeral Trust. You don’t need to feel that way with the NGL Funeral Expense Trust. Most seniors who require nursing home care rely on government programs to pay their costs. Combined, they represent a powerful combination to protect your assets while ensuring the money is there for your funeral. National Guardian Life Insurance Company (NGL) Web Portal. The NGL AssetGuard product sits inside the trust, protecting your money from nursing home costs and ensuring your money is there to pay for your funeral. An irrevocable funeral trust is a guaranteed issue product with no underwriting. Can your current agent say this? See the diagram below. The trust protects your money. As you can see from the above, one of the unique characteristics of NGL AssetGuard is that its application contains one health question (some states have 2, including an HIV/AIDS question). The below is just a general framework and list. Well, you can’t break this trust once established. Standard or guaranteed issue payment plans include Single pay, one year pay, and 3, 5, 7, and 10 year multi-pay plans. protecting one’s assets against nursing home costs. Most people don’t have proper long-term care protection, leaving their assets at risk to pay for long-term care services. 165 were here. Moreover, there is no cost to establish the trust. Nina Herseberger - Out of the Box Marketing that really works. You might obtain a death benefit of $30,000. Can be used in addition to any other trust you may have. If I can't help you, you've learned a little more, and we'll part as friends. It could be. National Guardian Life. When a person is searching for the right final expense or burial insurance, sometimes the breadth of carriers and products makes the process confusing and intimidating. The Guardian or Guardian Life. National Guardian Term Life Insurance offers a variety of services, including: Flexible products, including trust options Convenient credit card premium-pay Call for Quotes : 844-217-5486 Toggle navigation Most importantly Medicaid can’t require you to use the cash value in your life insurance policy to pay for nursing home costs. What does this mean? This is an important advantage, and the reason why I included it as a type of burial insurance you should consider buying. Funds used for funeral expenses are protected from creditors. This brings us to another point: it’s hard to compare the NGL Assetguard and Funeral Trust to another final expense or burial insurance policy. Be sure to check your state for a specific asset list. National Guardian Life Insurance Company (NGL) Irrevocable Funeral Trusts are the final piece of the financial planning puzzle! This is the money you are protecting from nursing homes and the Medicaid spend-down process. Congestive Heart Failure, Immune System Disorder, Chronic Obstructive Pulmonary (lung) Disease, Amputation (caused by disease), Heart Disease, Cirrhosis of the Liver, Emphysema, Alzheimer’s/Dementia, Stroke, Drug or Alcohol Dependency, Amyotrophic Lateral Sclerosis (Lou Gehrig’s Disease), Cancer (other than skin), Kidney failure (including dialysis), Diabetic Coma/Insulin Shock”. No Agent! Andover, MA 01810, Copyright © 2021 • My Family Life Insurance | 300 Brickstone Square, Suite 201, Andover, MA 01810 | (800) 645-9841. But, within a funeral trust, this $15,750 is protected from nursing home cost claims. Seriously! We only provide insurance solutions which meet your goals and objectives. The below picture shows which assets are countable towards or not. We will explain why. $100,000 – $249,999 National Guardian Life. (3) if the funeral expenses are less than what you have in the trust, the balance will revert to your gross estate. Then he or she stops this important coverage altogether, leaving his or her family exposed to a potential financial burden. We hope you see the benefit of the NGL AssetGuard combined with the NGL Funeral Expense Trust. Unity Financial; National Guardian; Global Atlantic; Register Easily access your data. Lebanon, PA and the surrounding communities. *IRC Code Sec. Financial Rating: A- (Excellent) by A.M. Best, Featured Product: Asset Guard Final Expense. NGL operates in the niche insurance space, offering several different kinds of insurance and annuities for specific situations. Through NGL AssetGuard, here are ways to fund the trust: You will essentially transform countable assets for Medicaid into a non-countable asset. Required fields are marked *. It’s true. Not the other way around. One health question? We Go Into Detail What The “Best” Means, 3 Important Things Doulas Need To Know About Disability Insurance | Learn About This Important Insurance. If not, then Medicaid penalties will apply. National Guardian Life Trust Info. The combination of the two creates a powerful combination of paying for your funeral expenses as well as protecting one’s assets against nursing home costs. However, However, if you contribute $15,000 to NGL AssetGuard, you might obtain a death benefit of $15,750. Combining National Guardian Life (NGL) with Legacy Safeguard service provides agents a unique and powerful marketing tool. to speak with a Final Expense Expert or send us an e-mail info@carevalue.com. That means no matter what you will get the policy and your funeral funds will always be there. As one of America's most successful, independent mutual life insurance companies, we are licensed to do business in 49 states and the District of Columbia. Establishing the NGL Funeral Expense Trust does not require much effort. First, we discuss their AssetGuard product. NGL Funeral Expense Trust $15,000 maximum (or City/State limit, if less) The ability to help exclude assets in order to qualify for Medicaid and SSI* when applying immediately The Trust will pay funeral costs with any excess funds going to the estate of the insured NGL Estate Planning Trust $100,000 maximum (or state limit, if less) 300 Brickstone Square Remember if you answer “yes,” you would have the guaranteed issue plan, so you will always obtain insurance. One way to pay for your funeral expenses in advance is to purchase a funeral insurance policy, also known as final expense insurance.When buying life insurance policies, you can assign a beneficiary to receive the death benefit, such as a family member, a friend, or anyone else who you trust. With NGL's Funeral Expense Trust you can set aside funds for your funeral. • Privacy Policy • Marketing by Vision Advertising. An Irrevocable Funeral Trust isn’t your normal life insurance policy. Contact me if you have any questions. A free inside look at company reviews and salaries posted anonymously by employees. Suite 201 Policies are permanently assigned and ownership rights are transferred to a trust. National Guardian Life was founded in 1910. Keeps assets up to $15,000 safe from creditors. There is no risk! Whereas the maximum contribution to the Funeral Trust is $15,000, the maximum contribution to the Estate Planning Trust is $100,000 (subject to state rules). including a life insurance policy. Also, the maximum one can contribute is $15,000, subject to state laws. Very simple to use. Take a look at the chart below. It markets its products through independent agencies and funeral directors. Your money essentially works for you from day 1. We focus on niche markets including preneed, individual life and annuity products, as well as specialty and student insurance. The application is one page. The trust through NGL AssetGuard protects your money from creditors and Medicaid spend-down rules. A.M. Best rates NGL at A-, which is the 3rd highest out of 15 rankings. 40 National Guardian Life Insurance Company reviews. Let’s talk about the advantages of the NGL funeral expense trust in more detail. “Yes, see below. Jim, I know you are trolling,no need to post to make an offer. While that does not seem like much, consider this: (1) when a nursing home or long-term care services deplete your assets, saving anything you can will matter The company is licensed in throughout the US and Washington, DC, with the exception of New York. The advantages of the NGL Funeral Expense Trust stand out. The whole life policy offers $50,000 face amount for single pay and $25,000 for 3pay, 5 pay, 7 pay and 10 year pay. ... National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a.k.a. The NGL Funeral Expense Trust protects this policy from Medicaid spend down/long-term care costs. Your death benefit operates on a graded schedule. Be careful what other websites tell you. Completely FREE (No Fees) Funds are totally portable – used with any funeral provider. It was formed in 1910 and is an independent mutual life insurance company and is licensed to do business in 49 states and the District of Columbia. While a bit outside the scope of this article, NGL offers a much more robust trust if you want to protect more of your money. As we mentioned, you have two choices: either single pay or multi-pay. Fact is, 7 out of 10 will have a long-term care need in their future. We will determine if the NGL AssetGuard/Funeral Trust meet your goals and objectives. A traditional final expense or burial insurance policy does not offer this protection (see the grid chart above). In fact, it’s more of an annuity. Aug 9, 2010. Why is this important? Save my name, email, and website in this browser for the next time I comment. Working with one of America’s oldest and most successful mutual insurance companies provides agents with a guarantee single pay or multi-pay Funeral Expense Trust. National Guardian Life - Paul Henney Cremation and Funeral Tributes Inc. offers a variety of funeral services, from traditional funerals to competitively priced cremations, serving Bethel Park, PA and the surrounding communities. 101(a) FET Trust Flyer 08/07 National Guardian Life Insurance Company (NGL) Final Expense For Brokers 2016 | All Rights Reserved. The NGL AssetGuard creates a life insurance policy that works for you day 1. Note that underperforming, multiple payments from your checking account. National Guardian Life’s product combined with an irrevocable Funeral Expense Trust or Estate Planning Trust offers an increasing death benefit for final expense planning. The NGL AssetGuard sits in the trust. The funeral expenses are $10,000. Call or Text: With National Guardian Life’s Funeral Trust combined with the Legacy Safeguard Turnkey Marketing System, you could be making an additional $16,000 per month just by asking one additional question on your Med Supp appointments! “It seems like it.”. The issue age is one of the benefits of NGL AssetGuard. This means Medicaid could force you to terminate or dispose of the below assets before it will pay for long-term care services, including nursing homes. No one does. National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America, a/k/a The Guardian or Guardian Life. Let’s say you purchased a traditional whole life policy with a single premium of $15,000. (800) 645-9841 What makes NGL AssetGuard even more unique is that it can sit inside NGL’s irrevocable funeral expense trust. If you answer “no,” you have the standard insurance plan. NGL AssetGuard is NGL’s only life insurance policy. Source: *AARP Funeral & Burial Planners survey published November 2007 Trust Options The NGL Trusts have no trust fees, and can be used in addition to any other trust you may already have. NGL Funeral Expense Trust Each of these policies is intended to help your family deal with end-of-life expenses. * Once this funeral trust is set up, you can’t change it! NGL AssetGuard is a simplified issue life insurance policy. National Guardian Life Insurance Company (NGL) is an American insurance company located in Madison, Wisconsin. We also offer funeral pre-planning and carry a wide selection of caskets, vaults, urns and burial containers. Quick and easy access to your personal and corporate data. In 2011 NGL received an A- … (2) your heirs (and yourself) will have peace-of-mind knowing your funeral is already taken care of. Here’s what we will discuss: NGL (National Guardian Life) established in 1919. Americans are living longer, in large… Read More Funeral Trust and Pre-Need Featuring the industry leaders Check all that apply . There are two types of trusts currently available: 1. Are you a policyholder, provider or do you represent an agency office? National Guardian is a mutual company controlled by its policy owners and is licensed to do business in 49 states and the District of Columbia. That is nice to hear, and I don’t plan to either. You might obtain a death benefit of $30,000. It ensures your heirs that money will be there upon your death. The NGL Web Portal is a simple platform providing you with instant access to … NGL is rated one of America's most successful independent mutual life insurance companies. Funeral Insurance or Final Expense Insurance Policies. NGL also provides quick payment options so you… Fill out the form below and we will email you additional customer literature, explaining these options in more detail. It is called the NGL Estate Planning Trust. Contrast with the Funeral Trust, which can be established even when the insured is in the long-term care facility! It’s true. All rights reserved. What do you think? In our opinion, this insurance could be the easiest and most efficient final expense or burial insurance policy that we have worked with. Karl Dovnik, Jr. - Elder Law Attorney - How to do a Medicaid Spenddown using Funeral Trusts. Nevertheless, the NGL Estate Planning Trust offers additional protection. There’s no risk to contacting us. However, Medicaid could make claim to that policy if you are in a nursing home. Notice this insurance does not have a height/weight chart and no outright diabetes question, either. Advantages Of The NGL Funeral Expense Trust, Now You Know The Powerful Combination Of NGL AssetGuard And The NGL Funeral Expense Trust, Medicaid could make claim to that policy if you are in a nursing home, type of burial insurance you should consider buying, Medicaid considers most of your assets, including permanent life insurance, as a countable asset, 7 out of 10 will have a long-term care need in their future, protecting your money from nursing home costs, What Are The Best Medicare Supplement Plans In Massachusetts? Michael K. O'Dell - Funeral Trust Guru - How to add an extra $5000 - $10,000 per month using Funeral and Estate Trusts in your planning. There are differences, however. NGL is rated one of America's most successful independent mutual life insurance companies. If we can’t help you, then you’ve learned something new, and we will part as friends. Contact us to find out or use the form below. This may exclude the policy as an asset in order to qualify for Medicaid. On a single pay, an applicant can be up to 99 years … Death proceeds used for funeral expenses will avoid probate costs and delays. 164 were here. Maybe it is not. It includes an increasing death benefit and is used as part of NGL's asset protection planning via an irrevocable funeral expense trust or estate planning trust. Posts: 402 Likes Received: 0 State: Georgia. Live Radio Show ; Contracting Settlers Life insurance subsidiary in Virginia markets final Expense portable. Trust Each of these policies is intended to help your family – priceless say. Not offer this protection ( see the benefit of $ 15,000, national guardian life funeral trust to state.. Business owners must be created at least 5 years before long-term care protection, leaving or... ; Live Radio Show ; Contracting from Medicaid spend down/long-term care costs remember if you answer “,. Combined with the Guardian or Guardian Life insurance to provide honest, trustworthy advice and insurance. 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