To request more information click here to email or contact an NGL representative at 800.762.9883 who will be happy to answer any questions you have.
Please Click here to go to our agent website.
or check out our agent resources.
NGL is pleased to offer the Harbor Master flex single premium immediate annuity. This annuity is designed to be used exclusively as a tool for your clients who are war-time veteran or their spouses and who are looking to qualify for the Veteran’s Administration Aid and Attendance Pension to help pay for home care or assisted living.
Veterans Aid and Attendance Pension provides benefits that reduce the cost of care for veterans and surviving spouses who require assisted living. The Pension can provide up to $1,788 per month to a veteran, $1,149 per month to a surviving spouse, or $2,120 per month to a couple.To qualify for this benefit, the veteran must have served at least 90 days with at least one day of service during a period of war.The applicant(s) must also meet requirements relative to annual income and net assets.The NGL Harbor Master flex single premium immediate annuity is used to help your clients meet these requirements.
Features of NGL’s Harbor Master flex single premium immediate annuity:
In addition, the Harbor Master flex is Medicaid compliant with a one time conversion option should your client’s medical condition change necessitating that he or she apply for Medicaid assistance.