Lincoln LifeGuarantee ® UL (2013)

Lincoln LifeGuarantee® UL (2013) is the universal life policy guaranteed to be there for your beneficiaries. Guarantees are subject to the claims-paying ability of the appropriate issuing company.

What can Lincoln LifeGuarantee® UL (2013) do for you?

  • Let’s you protect what's most important with a death benefit that can be guaranteed
  • Offers guaranteed premiums
  • Can provide you affordable, guaranteed lifetime insurance coverage

Make your life insurance policy work for you by adding optional protection if you’re concerned about
  

Protecting your policy value and death benefit

  • Coverage Protection Guarantee (CPG) — guarantees your policy will not lapse as long as the CPG requirements are satisfied, even if the cash surrender value is insufficient to cover monthly deductions. Automatically included with policy.

Policy guarantees

  • Minimum Death Benefit Endorsement — gives you the security of knowing that your beneficiaries will never receive less than $5,000, even if the death benefit minus total policy debt (your policy loans plus accrued interest) is less. The endorsement does not protect the policy from lapse. Automatically included with policy.

Unexpected healthcare needs

  • Lincoln Care CoverageSM Accelerated Benefits Rider1 ― pays out all or a portion of the death benefit to provide you monthly tax-efficient reimbursements for qualified long-term care expenses. Available at an additional cost.
  • Lincoln LifeAssure® Accelerated Benefits Rider1— pays out all or a portion of the death benefit to give you a source of tax-advantaged funds to use for any purpose if you have a permanent chronic or terminal illness. At the time of claim, the benefit amount will be reduced and you will be charged a per claim administrative fee. There is no additional upfront cost for this rider.
  • Lincoln LifeEnhance® Accelerated Benefits Rider1— pays out all or a portion of the death benefit to give you a source of tax-advantaged funds to use for any purpose if you have a permanent chronic or terminal illness. You’ll also have protection from policy lapse once benefit payments begin. Available at an additional cost.
  • Accelerated Benefits Rider1 — pays out a portion of the death benefit if you were to fall terminally ill and need help during a critical illness, or are confined to a nursing home. There is a one-time charge when rider is exercised. Available at an additional cost.
  • Waiver of Monthly Deduction Rider — waives the monthly deduction and other charges if you become totally disabled. Available at an additional cost.
  • Accelerated Benefits Rider with Critical Illness1 — pays a portion of the death benefit if you were to become terminally ill, require permanent nursing home care, or need help during a critical illness or condition. One-time charge when rider is exercised. Benefits are subject to state availability.

Accidental death benefits

  • Accidental Death Benefit Rider — offsets financial burden by offering an additional amount in the event of a death due to an accident.

Coverage for your child

  • Children’s Term Insurance Rider — gives you the option of insuring your child under your policy.

Disability protection

  • Disability Waiver of Specified Premium Benefit Rider — covers the insured for a monthly specified premium if the insured becomes totally disabled.
  • Disability Waiver of Monthly Deduction Benefit Rider — waives the monthly deduction if the insured becomes totally disabled.

Death benefit flexibility

  • Guaranteed Insurability Rider — allows you to increase your death benefit coverage in the future without additional underwriting.

Coverage for your spouse2

  • Spouse Term Rider — gives you the choice of insuring your spouse under your own policy.

Choice and flexibility

With Lincoln LifeGuarantee® UL (2013), you can choose how to finance 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

Lincoln LifeGuarantee® UL (2013) provides a level death benefit option. Loans or withdrawals offset death benefits.

 

1Subject to certain requirements. Limitations and exclusions may apply. For additional details, please contact your advisor. 
2May be spouse/civil union partner in some states.

Lincoln Care CoverageSM ABR is an optional rider available through the purchase of Lincoln LifeGuarantee® UL (2013).

This coverage is intended to be recognized as qualified long-term care insurance under federal law. The acceleration of life insurance benefits provided under the long-term care riders is intended to qualify for favorable tax treatment under Section 7702B(b) of the Internal Revenue Code. For federal income tax purposes, the policy is considered a qualified long-term care insurance contract. Note that a state insurance department does not in any way warrant that this coverage meets the requirements of Section 7702B(b) of the IRC.

Available in all states except AZ, CA, CT, DC, DE, FL, HI, IN, MT, ND, NJ, NY, SD, VI.

Lincoln LifeGuarantee® UL (2013) policy form UL6000, with optional rider form ICC18LTC-7050 and state variations are issued 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. 

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.