As you well know, our industry is operating in a challenging and changing environment. We continue to face nearly a decade of persistently low interest rates, including recent historic lows, volatile markets, and an evolving regulatory landscape.  This makes it increasingly important for us to make fair and responsible adjustments to provide value to our policyholders, partners and shareholders, and operate responsibly for the long-term.

Today we are writing to inform you of two important announcements:

  • On September 12, 2016, in response to persistently low interest rates, we will update the Lincoln LifeGuarantee® UL product which will require higher premiums on new sales. The current version of the product will sunset on October 14, 2016 in approved states.
  • Effective October 9, 2016, current Cost of Insurance (COI) rates are being changed on some Legend Series Universal Life policies issued by Jefferson Pilot (now The Lincoln National Life Insurance Company) between the years 1999 and 2007. While the majority of these changes are increases, some policyholders will also see decreases, reflecting Lincoln’s commitment to acting fairly and responsibly. It should be noted that a large percentage of those policyholders with a COI increase have a lapse protection rider or provision which remains in effect.

Lincoln LifeGuarantee UL Reprice

Lincoln Leader Article with Transition Guidelines

Cost of Insurance Changes

Lincoln Leader Article

Sample Agent Letter and Agent FAQs


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