Life insurance
Featured update
Why Survivorship
Survivorship life insurance is an effective way to cover two people under one policy with one premium. It provides a death benefit after the second person passes and is typically used as an estate planning tool to transfer wealth. But this tax-advantaged product has many uses beyond estate planning.
Discover the untapped potential of cash value life insurance
Whether consumers are looking to supplement retirement; for unexpected expenses; to fund a college education; or take a dream vacation — the options are endless with cash value life insurance.
Updated premium finance guidelines
To show our commitment to the high-net-worth market, we’ve enhanced our Premium Finance guidelines. We will:
- No longer require a minimum loan duration
- No longer put a limit on how long you can accrue interest. (Applies to Foreign National cases as well)
- Remove minimum annual income requirement and will offer individual underwriting consideration for your clients between the ages 71–75.
Think Lincoln first for Foreign Nationals
Lincoln should be at the top of your list when planning with global clients. Why? We recently updated our guidelines to offer flexibility for nexus eligibility. These new nexus connections make it easier for global clients to do business with us. And don’t forget about our increased face amount limits to $40 million autobind and $60 million jumbo for foreign national clients.
Learn more about how we can better serve your global clients
Why rent when you can own?
Protection comes in many forms. Term life insurance offers clients the option to “rent” protection for a specific period of time. For clients looking to “own,” permanent life insurance may be the better option.
Add protection to clients’ financial journeys
If your clients are already taking steps to reach their financial goals, show them how performance-driven solutions can take their plans to the next level. Cash value life insurance helps them build their wealth and access the growth throughout their financial journey.
Share this with clients to show them how to add an action plan to their financial plan.
Customize investment options with an edge
Lincoln AssetEdge® Variable Universal Life Insurance (VUL) is permanent cash value life insurance with variable subaccount options from well-known fund managers that helps you provide clients with options for protection, growth and income. And for clients who value simplicity, Lincoln AssetEdge now features four check-the-box turnkey asset allocation solutions along with two hedged equity funds.
Lab Free Pro+
Executives have busy schedules with limited time to spare. That’s why Lincoln offers Lab Free Pro+, a simplified life insurance offering that requires no exams or labs for your professional clients who have had a complete physical within the past 12 months. And, we’ve recently increased limits from $20M – $40M!
Real-Time Offer
Lincoln is excited to provide you and your clients with a Real-Time Offer for eligible life insurance cases. This feature will immediately communicate an underwriting approval decision to clients that have been approved lab-free by our automated underwriting process. The client, writing agent and case contact will be notified of the approval upon completion of the online or phone interview.
Digital First
Lincoln is committed to helping you build your business by focusing on our people, products and processes. To stay ahead of evolving trends and to ensure you’re able to deliver solutions to your clients efficiently, we’ve updated our processes to be digitally enhanced. We’re confident this digital-first strategy is the best way for us to continue our successes.