Edmond Consulting Group LLC
Edmond Consulting Group LLC

Contact Us

Edmond Consulting Group LLC

PO Box 1294

PALMETTO, GA 30268

 

 

Or you can reach us at 

(803) 716-9901

 

You can also use our contact form

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New Online Website

Now you can find out everything about our services on our Website.

You don’t need an attorney to get a trust.....

Product Summary NGL's fixed- rate product, when combined with a Funeral Trust option, offers an increasing death benefit and provides a secure financial protection option for final expense planning.
 
   
   
  Single Pay Multi Pay
Payment Periods Single Payment
 
3, 5, 7 and 10 Years
 
Growth Rates .25%(A) .75%(B) 1.00%(C) 1.25%(D) 1.50%(E) 1.75%(F) 2.0%(G) 2.25%(H)
Increases daily with simple growth

 
Three, Five, Seven & Ten Year Pay:
1.75%
Daily simple growth.

 
Health Questions One Health Question
Standard Issue (Question = "No")
Guaranteed Issue (Question = "Yes")

 
One Health Question
Standard Issue (Question = "No")
Guaranteed Issue (Question = "Yes")

 
Issue Ages 0-99 Single Pay
 
Three Year Pay:
0-90
Five Year Pay:
0-85
Seven Year Pay & Ten Year Pay:
0-80

 
Death Benefit All Single Pay plans have an immediate full death benefit.
 
Standard Issue:
All standard issue plans have an immediate full death benefit.
Guaranteed Issue: Three, Five, Seven & Ten Pay:
Year 1 = Return of Premium (ROP) + 3%
Year 2 = 70%
Year 3 = 100%

 
Minimum Face Amount $500
 
Three, Five, Seven & Ten Year Pay:
$2,500


 
Maximum Face Amount $100,000 

Note: $15,000 maximum for the NGL Funeral Expense Trust. $100,000 maximum for the NGL Estate Planning Trust.

 
Three, Five, Seven & Ten Year Pay:
$35,000

Note: $15,000 maximum for the NGL Funeral Expense Trust. $35,000 maximum for the NGL Estate Planning Trust.

 
 
 
 
   
   

Product Availability

AL  AK  AZ  AR  CA  CO  CT  DE  DC  FL  GA  HI  ID  IL  IN  IA  KS  KY  LA  ME  MD  MA  MI  MN  MS  MO  MT  NE  NV  NH  NJ  NM  NC  ND  OH  OK  OR  PA  RI  SC  SD  TN  TX  UT  VT  VA  WA  WV  WI  WY 

Estate Planning Trust

Minimum $500
Maximum $100,000
Medicaid Protection* Five year look-back
Assignment Forms Estate Planning Trust (2591-EPT)
Excess Funds 2nd Beneficiary Allowed

*NGL Estate Planning Trust not available in MA

Funeral Expense Trust

Minimum $500
Maximum $15,000
Medicaid Protection* Effective Date of Transfer
Assignment Forms Funeral Expense Trust (2591-FET)
Excess Funds Estate of the Insured

*NGL Funeral Expense Trust not available in FL, MA, MI NV or TX

Trust Guidelines

Let your client know that this is an irrevocable assignment that results in the permanent transfer of ownership of policy rights. The client is not able to surrender, take a loan or receive a premium refund. The client cannot change ownership, beneficiary, or face amount of plan

* Medicaid limits the face amount of policies, assigned to the NGL Funeral Expense Trust, which they will consider excluded assets in the following states:

AZ - $8,000; CT - $8,000; DE - $15,000; GA - $10,000; IA - $11,566; IL - $6,171 (non-guaranteed or guaranteed services only); IN - $10,000; KS - $7,000; LA - $10,000; MO - $9,999; NE - $4,978; ND - $6,000 (premium); OK - $10,000; PA - Limit varies (based on where the applicant resides); SD - $10,000; TN - $6,000; UT - $7,000; VT - $10,000

 

 

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