Lincoln Financial Introduces New Variable Universal Life Products
Lincoln Financial has just rolled out two exciting Variable Universal Life (VUL) products that aim to provide comprehensive financial solutions tailored to a wide range of client objectives. These new additions, the enhanced Lincoln AssetEdge VUL (2025) and the innovative Lincoln AssetEdge SVUL, are designed to meet the diverse financial aspirations and protection needs of individuals, couples, and businesses alike.
Introducing the Enhanced Lincoln AssetEdge VUL (2025)
The Lincoln AssetEdge VUL (2025) stands as an upgrade to Lincoln’s current life insurance offerings. It brings significant enhancements that offer increased consumer value and flexibility for building a financial portfolio.
Key Features of Lincoln AssetEdge VUL (2025)
This new product includes groundbreaking features such as:
- A novel Enhanced Overloan Protection Endorsement that requires no upfront fee. This protects highly funded, heavily loaned policies from lapsing under specific conditions.
- The elimination of the indexed account allocation threshold, enabling access to indexed accounts during earlier policy years. This change empowers consumers with expanded investment choices.
- The incorporation of two hedged equity investment options and lower fee model portfolios aimed at providing further flexibility to consumers.
- A provision for lower no-lapse premiums if the Lincoln Enhanced Allocation Rider is attached to the policy.
Unveiling the Lincoln AssetEdge SVUL
Lincoln has also introduced the Lincoln AssetEdge SVUL, a survivorship VUL policy that insures two lives. This product is particularly beneficial for couples and businesses looking for effective death benefit protection while enjoying tax advantages.
Features of Lincoln AssetEdge SVUL
Some of the noteworthy characteristics of the Lincoln AssetEdge SVUL include:
- Competitive short-pay pricing for death benefit protection, where premiums are paid within a set timeframe, combined with a robust no-lapse guarantee.
- Market participation in a diverse fund lineup akin to the Lincoln AssetEdge VUL, which incorporates index options for streamlined growth.
- Additions of effective riders, including the Enhanced Allocation Rider, Enhanced Overloan Protection Endorsement, and two living benefit options, increasing opportunities for both growth and liquidity.
Commitment to Financial Flexibility
Lincoln's leadership emphasizes the commitment to adapt to the evolving needs of clients. According to senior executives at Lincoln, the introduction of these products enhances the capabilities of financial professionals to serve their clients effectively, facilitating essential planning needs such as estate tax funding and wealth transfer.
About Lincoln Financial
Lincoln Financial has a steadfast goal: helping individuals decisively navigate toward their financial dreams. With around 17 million customers relying on Lincoln's innovative solutions, spanning areas like annuities, life insurance, group protection, and retirement plan services, the company is well-equipped to guide investors toward a successful financial future. As of the latest reports, Lincoln Financial boasts $324 billion in account balances, net of reinsurance, marking its strong presence in the financial sector.
Frequently Asked Questions
What new products has Lincoln Financial launched?
Lincoln Financial has launched two Variable Universal Life products: the enhanced Lincoln AssetEdge VUL (2025) and the new Lincoln AssetEdge SVUL.
What are the key features of the Lincoln AssetEdge VUL (2025)?
This product includes important features such as Enhanced Overloan Protection, removal of indexed account allocation thresholds, and lower fund fee model portfolios.
Who can benefit from the Lincoln AssetEdge SVUL policy?
This survivorship VUL policy is designed to insuring two lives and is primarily beneficial for couples and businesses needing death benefit protection.
How does Lincoln Financial support financial professionals?
Lincoln provides innovative solutions like the new VUL products to empower financial professionals in meeting their clients' distinctive needs effectively.
What is Lincoln Financial's approach to customer service?
Lincoln emphasizes a personalized approach, helping clients to confidently plan their financial futures while ensuring access to a range of beneficial products and services.
