With the launch of its newest MoneyGuard
solution, Lincoln Financial continues to demonstrate its commitment
to the hybrid long-term care space.
Lincoln Financial Group (NYSE: LNC) is meeting shifting customer
preferences for growth over guarantees1 with the launch of Lincoln
MoneyGuard Market Advantage® (2024), issued by The Lincoln
National Life Insurance Company, Fort Wayne, IN, and providing
consumers with trusted long-term care protection, increased
investment options and flexibility, and a tax advantage their
portfolio might be missing.
Lincoln Financial research shows four in five (83%) consumers
who do not currently own an asset-based hybrid life insurance
policy say they are interested in such a solution for long-term
care.2 First introduced in 2021, Lincoln MoneyGuard Market
Advantage caters to this audience, offering consumers market-driven
growth for long-term care with downside protection and the
opportunity to grow their investments tax-deferred and use them
tax-free when needed. The latest version of this long-term care
solution improves on this model, presenting added value to
consumers and financial professionals.
“As marketplace needs and preferences shift, Lincoln continues
to demonstrate its commitment to meeting clients where they are,”
said Michael Hamilton, vice president, head of MoneyGuard Business
Management. “MoneyGuard Market Advantage is a forward-thinking
solution, and these latest upgrades reinforce its position as a
pioneering solution in the hybrid long-term care space.”
MoneyGuard Market Advantage (2024) provides enhanced flexibility
for consumers with more than 50 investment options and the choice
between reimbursement- and indemnity-style payments at time of
first claim. Consumers selecting the reimbursement option will
receive reimbursement for qualified long-term care expenses, while
those selecting the indemnity option will receive pre-determined
monthly payments that may be used for care provided. Consumers
selecting the indemnity option will receive 80% of the monthly
long-term care maximum while the total long-term care benefit will
remain the same under both options.
The product’s focus on flexibility extends to financial
professionals as well. For the first time, MoneyGuard Market
Advantage (2024) offers professionals a choice in the way they
receive compensation for selling the solution – an upfront sum or
ongoing payments tied to the asset value.
According to Lincoln Financial’s research, 86% of consumers say
having a plan for long-term care needs would help them feel more
confident about their financial future.3 In addition to its
offering of added flexibility, MoneyGuard Market Advantage (2024)
presents an opportunity to build a market-driven, tax-efficient
plan for long-term care expenses and strengthens a consumer’s
portfolio.
“MoneyGuard Market Advantage provides financial support to
consumers and their families in their time of need,” said Jared
Nepa, senior vice president, Life and MoneyGuard Distribution. “As
a leader in this market for more than 35 years4, we remain deeply
committed to providing innovative solutions that meet the evolving
needs of our customers. We value this responsibility, and we are
here to support our customers when they need us.”
To learn more about MoneyGuard Market Advantage (2024) and
Lincoln’s full suite of MoneyGuard solutions, visit Lincoln’s
MoneyGuard solutions webpage.
About Lincoln Financial Group
Lincoln Financial Group helps people to plan, protect and retire
with confidence. As of December 31, 2023, approximately 17 million
customers trust our guidance and solutions across four core
businesses – annuities, life insurance, group protection, and
retirement plan services. As of March 31, 2024, the company had
$310 billion in end-of-period account balances, net of reinsurance.
Headquartered in Radnor, Pa., Lincoln Financial Group is the
marketing name for Lincoln National Corporation (NYSE: LNC) and its
affiliates. Learn more at LincolnFinancial.com.
Important information:
Lincoln variable universal life insurance is sold by prospectus.
Carefully consider the investment objectives, risks, and charges
and expenses of the policy and its underlying investment options.
This and other important information can be found in the prospectus
for the variable universal life policy and the prospectuses for the
underlying investment options. Prospectuses are available upon
request and should be read carefully before investing or sending
money. For current prospectuses, please call 800-444-2363 or go to
www.LincolnFinancial.com.
Long-term care benefits are set at time of claim and are based
on the specified amount of death benefit and accumulation value in
the policy. Accumulation value is transferred to the fixed account
during claim. Benefit growth is not guaranteed, and unless on
claim, values may increase and decrease daily due to selected
investment option performance. Any LTC benefits paid will reduce
the specified amount and accumulation value. With variable
products, policy values will fluctuate and are subject to market
risk and to possible loss of principal. Products, riders and
features are subject to state availability. Limitations and
exclusions apply. Lincoln Financial Group® affiliates, their
distributors, and their respective employees, representatives
and/or insurance agents do not provide tax, accounting or legal
advice. Please consult an independent professional as to any tax,
accounting or legal statements made herein.
All guarantees and benefits of the insurance policy are subject
to the claims-paying ability of the issuing insurance company. They
are not backed by the broker-dealer and/or insurance agency selling
the policy, or any affiliates of those entities other than the
issuing company affiliates, and none makes any representations or
guarantees regarding the claims-paying ability of the issuer. In
most cases, based on our understanding of applicable law, the
policy will be a Modified Endowment Contract (MEC) as defined in
section 7702A of the Internal Revenue Code. Distributions from a
MEC may be subject to income tax, and an additional 10% federal
income tax penalty applies to taxable distributions received before
the policy owner reaches age 59½.
MoneyGuard Market Advantage ® is a variable universal life
insurance policy with a Long-Term Care Benefits Rider (LTCBR) that
accelerates the specified amount of death benefit to pay for
covered long-term care expenses and continues long-term care
benefit payments after the entire specified amount of death benefit
has been paid. Any surrender benefit provided will be adjusted by
any loans/loan interest/loan repayments, withdrawals taken, and
claim payments made. The cost of riders will be deducted monthly
from the policy accumulation value. The insurance policy and riders
have limitations, exclusions and reductions. Renewability,
Termination and Cancelability: The LTCBR is noncancelable. This
means you have the right, subject to the terms of your policy and
rider(s), to continue this rider as long as your policy stays in
force. The Lincoln National Life Insurance Company cannot change
any of the terms of your policy and rider(s) on its own and cannot
increase the monthly rider charges or monthly inflation charges. If
your policy enters a grace period, we will allow 61 days to pay a
premium sufficient to prevent your policy form lapsing. The
Long-Term Care Benefit Rider may not cover all costs associated
with long-term care costs incurred by the insured during the
coverage period. The LTCBR is intended to be a qualified long-term
care insurance contract under Section 7702B(b) of the Internal
Revenue Code. All contract provisions, including limitations and
exclusions, should be carefully reviewed by the owner. For costs
and complete coverage details, contact your financial
professional.
MoneyGuard Market Advantage® (2024) is issued by The
Lincoln National Life Insurance Company, Fort Wayne, IN on Policy
Form ICC20-MGV892/20-MGV892 with a Long-Term Care Benefits Rider
(LTCBR) on Rider Form ICC24LTCBR-898/LTCBR-898, and a Value
Protection Rider on Form ICC20VPR-892/VPR-892.
The insurance policy and riders have limitations, exclusions and
reductions; and are subject to medical underwriting. Long-term care
benefit riders may not cover all costs associated with long-term
care costs incurred by the insured during the coverage period. All
contract provisions, including limitations and exclusions, should
be carefully reviewed by the owner. For costs and complete coverage
details, contact your agent or producer.
All information within this page is current as of the created
date of this material.
This product is not available in NY or CA.
Distributed by Lincoln Financial Distributors, Inc., the
wholesaling broker-dealer affiliate of Lincoln Financial Group.
Note: Mike Hamilton and Jared Nepa are spokespersons for Lincoln
MoneyGuard Solutions. They hold leadership roles within Lincoln
Financial Group and Lincoln Financial Distributors, Inc., the
wholesaling broker-dealer affiliate of Lincoln Financial Group.
They are compensated by Lincoln and are shareholders of Lincoln
National Corporation.
The purpose of this communication is the solicitation of
insurance. An insurance producer or insurance company will contact
you.
ICC24LCN-6459440-030624 LCN-6459440-030624
1 62% of consumers prefer greater investment growth potential
and shorter guarantee when considering life insurance solutions.
Source: Lincoln Financial Group’s unbranded national online panel
from September 2020 consisting of 614 life insurance owners, 401
life insurance prospects. Participants ranged from ages 30 through
70 and had household income of $100,000 or more OR investable
assets of $250,000 or greater. Sample included mix of gender,
geography, and race/ethnicity. 2 Lincoln Financial Group, Planning
for long-term care, August 2023, p. 70 3 Lincoln Financial Group,
Preparing for long-term care, August 2023, p. 63 4 Lincoln
MoneyGuard solutions, including predecessor products, have been
sold since 1988.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240513190304/en/
Media: Patrick Wright Lincoln Financial Group
patrick.wright@lfg.com (980) 322-4527
Lincoln National (NYSE:LNC)
過去 株価チャート
から 4 2024 まで 5 2024
Lincoln National (NYSE:LNC)
過去 株価チャート
から 5 2023 まで 5 2024
