Lincoln LifeGuarantee ® SUL (2019)

Lincoln LifeGuarantee® SUL (2019) is a survivorship universal life policy that's payable on the second death and guaranteed to be there for your beneficiaries to provide estate liquidity, or a family or charitable legacy. Guarantees are subject to the claims-paying ability of the appropriate issuing company.

What can Lincoln LifeGuarantee® SUL (2019) do for you?

  • Provides a powerful tool for estate planning that can provide a guaranteed death benefit to beneficiaries when the second of the two insureds dies
  • Offers guaranteed premiums

Coverage Protection Guarantee

Guaranteed life insurance protection is provided through the Coverage Protection Guarantee (CPG). The CPG provides an alternate Coverage Protection Value (CPV) that, if positive, will ensure coverage will continue even if the cash surrender value is insufficient to cover charges. This rider is included automatically and can remain in force until the younger insured's age 121.

The length of time the CPG can keep the policy in force may vary based on the following factors:

  • Satisfying the monthly Funding Level Test
  • Changes in premium frequency, timing or amount
  • Policy changes such as loans, partial surrenders, increases or decreases in Specified Amount and the addition or removal of Riders

Funding Level Test (FLT)

Beginning in policy month 13, there’s a FLT until the earlier of the younger insured's age 121 or termination of the FLT as described in the rider. Failure to satisfy the FLT for three consecutive monthly anniversary days will result in the assessment of a Funding Level Charge, which will negatively impact the length of time the CPG remains in effect.

Choice and Flexibility

With Lincoln LifeGuarantee® SUL (2019), you can customize your policy by adjusting:

  • The amount of the guaranteed death benefit protection
  • The amount and frequency of premium payments
  • The length of the guarantee period

For people who are looking for cost-efficient protection Lincoln LifeGuarantee® SUL (2019) includes:

  • Death Benefit Option 1 (level face amount). Loans and withdrawals offset death benefits.

MAKE YOUR LIFE INSURANCE POLICY WORK FOR YOU BY ADDING OPTIONAL PROTECTION. ASK YOUR FINANCIAL PROFESSIONAL FOR MORE INFORMATION.

Lincoln LifeGuarantee® SUL (2019) is issued on policy form ICC19SUL6084/SUL6084 and state variations by The Lincoln National Life Insurance Company, Fort Wayne, IN. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so. Contractual obligations are subject to the claims-paying ability of The Lincoln National Life Insurance Company.

In some states, contract terms are set out and coverage may be provided in the form of certificates issued under a group policy issued by The Lincoln Financial Services Industry Group Insurance Trust.

Product and features subject to state availability. Limitations and exclusions may apply. Not available in New York.

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 advisor as to any tax, accounting or legal statements made herein.

Not a deposit. Not FDIC-insured. Not insured by any federal government agency. Not guaranteed by any bank or savings association. May go down in value.