Lincoln National’s TermAccel & LifeElements Term plans are now available in Vive for all states except New York. Vive is an exclusive term life insurance submission platform only available to LIBRA Insurance Partners and also includes term products offer by American General, Banner Life, Pacific Life, Principal, Protective, Prudential, United States Life NY and William Penn NY. Vive simplifies the submission of your term life business with a fairly uniform process with only a few variations from company to company. Contact us to learn more about Vive or to schedule a demo.
Lincoln National is now offering an enhanced underwriting program to strengthen the competitive value of their industry leading suite of Variable Universal Life (VUL) products. For VUL cases fully underwritten at standard or better and placed by December 31, 2018, Lincoln is offering a one-class underwriting upgrade. This upgrade program is available for issue ages 20-80 on all Lincoln single life and survivorship VUL plans excluding the AssetEdge Exec VUL and policies issued in New York. | more
Annuities can be tricky assets to pass on because they receive no step-up in cost basis at death. However, Lincoln National’s i4LIFE Indexed Advantage can provide unique legacy planning strategies with the option for beneficiaries to elect first-in, first-out (FIFO) taxation. i4LIFE is an optional feature available for an additional cost exclusively with Lincoln fixed indexed annuities. | more
Lincoln National has announced pricing updates to Lincoln LifeElements Level Term which will improve competitive positioning in key cells at ages 45 and above with face amounts of $500,000 and above. This update includes a mix of both premium decreases and increases. Applications currently in underwriting and those received by May 10, 2018, will be issued with the lower of the new or older rates. Applications submitted on or after May 11, 2018, will be issued with the new rates.