Lincoln WealthPreserve ® Survivorship Indexed UL
Lincoln WealthPreserve® Survivorship Indexed UL is a cost-efficient, indexed universal life insurance policy that protects two lives with one policy. It pays an income tax-free death benefit to beneficiaries at the end of the second insured's life.
If you're a couple who needs estate protection and wealth preservation, this policy can help you:
- Minimize tax exposure and market volatility on policy assets
- Pass down more of your estate
- Protect your family now and later
- Gain the potential for tax-advantaged cash value growth
- Enjoy flexibility with the potential for tax-efficient earnings to supplement retirement income and more1
Your policy's interest crediting rate is guaranteed to never go below 1%. Since your account options will always earn positive interest, you will never have to recover from market losses.2
Your advisor can help you select an account that works for you or diversify with a blend of accounts to help you meet your goals. Each account credits interest differently. Choose from:
- Three simple 1-Year Point-to-Point Indexed Accounts tied to S&P 500 Index performance to cover a wide range of returns: 3
- High Participation account: performs best when S&P returns are lower
- Capped account: performs best with moderate S&P performance
- Uncapped account: performs best when S&P returns are at their highest
Talk to your advisor about how Lincoln WealthPreserve® Survivorship Indexed UL may fit into your financial plan or see our Fact Sheet.
1Distributions are taken through loans and withdrawals which reduce your policy’s cash surrender value and death benefit and may cause the policy to lapse. Loans are not considered income and are tax free. Withdrawals and surrenders are tax-free up to your cost basis, provided your policy is not a modified endowment contract (MEC). A MEC policy is one in which the life insurance limits exceed certain high levels of premium, or the cumulative premium payments exceed certain amounts specified under the Internal Revenue Code. For policies that are MECs, distributions during the life of the insured, including loans, are first treated as taxable to the extent of income in the contract, and an additional 10% federal income tax may apply for withdrawals made prior to age 59½.
2Policy charges remain in effect and may reduce policy values.
Lincoln WealthPreserveSM Survivorship IUL is issued on policy form SUL6035 and state variations by The Lincoln National Life Insurance Company, Fort Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so.The S&P 500 Index is a product of S&P Dow Jones Indices LLC (SPDJI), and has been licensed for use by The Lincoln National Life Insurance Company and Lincoln Life & Annuity Company of New York. Standard & Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by The Lincoln National Life Insurance Company and Lincoln Life & Annuity Company of New York. The Lincoln National Life Insurance Company's and Lincoln Life & Annuity Company of New York's products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such products nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.
Policies sold in New York are issued on policy form SUL6035N, by Lincoln Life & Annuity Company of New York, Syracuse, NY, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer.
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.
Products, riders and features are subject to state availability. Limitations and exclusions may apply.