Lincoln Lowers MoneyGuard Pricing

Effective Jan. 10, 2022, Lincoln Financial will be implementing pricing decreases to Lincoln MoneyGuard® III and LincolnMoneyGuard® II, which will improve competitive positioning while continuing to align the MoneyGuard solutions suite. There will be no pricing increases as a result of this update.

Pricing Improvements and Product Updates

• Lincoln MoneyGuard III Pricing Improvements

  • 6-year LTC benefit duration with 3% inflation option design will see the following improvements:

    • Issue ages 55-65 will see a pricing decrease ranging from 9% to 17%.

    • Issue ages 45-54 will see a pricing decrease ranging from 4% to 16%.

  • 4-year LTC benefit duration with 3% inflation option design and 5-year LTC benefit duration with 3% inflation option design will see the following improvements:

    • All issue ages will see a pricing decrease ranging from 0% to 9%.

• Lincoln MoneyGuard III Product Updates

  • Maximum flex pay period is now 10 years for all issue ages.

  • Elimination of the 7-year LTC duration with no Inflation design.

• Lincoln MoneyGuard II Pricing Improvements

  • 6-year LTC benefit duration with 3% inflation option design will see a pricing decrease averaging 6%.

    • Pricing decrease will vary by issue age, gender and underwriting class ranging from 4% to 9%.

• Lincoln MoneyGuard II Product Updates

  • Elimination of the 7-year LTC duration with no Inflation design.

Transition Guidelines

Pending firm approval, applications for Lincoln MoneyGuard® III (2021) – 01/10/22 and Lincoln MoneyGuard® II (2020) – 01/10/22 will be accepted beginning on Jan. 10, 2022.

• For applications to qualify for the current MoneyGuard® III (2021) – 07/12/21 or MoneyGuard® II (2020) – 07/12/21 pricing, a projection of values and the completed Part 1 must be signed, dated, and received in-good-order by Lincoln’s home office by Friday, Feb. 11, 2022.

• For pending or issued business on or after Jan. 10, 2022, Lincoln will accept requests with a revised projection of values to change to Lincoln MoneyGuard® III (2021) – 01/10/22 or Lincoln MoneyGuard® II (2020) – 01/10/22.

• For placed business, normal internal replacement guidelines apply. Rewrites will not be accepted.