Coming Soon – Increased Target Premiums on Lincoln WealthAccumulate® IUL (2018)
Lincoln Financial announces improvements to target premiums on Lincoln WealthAccumulate® IUL (2018). These improvements further strengthen the end-to-end competitive value of WealthAccumulate® IUL, an accumulation-focused IUL policy designed for clients interested in cash value growth potential and downside protection.
- Target premiums will be increased by 25% across all cells for new business and previously sold business
- Includes target premiums for: o Base policy
- Exec Rider (Alternate Cash Surrender Value Rider)
- Lincoln LifeEnhance® Accelerated Benefits Rider (LEABR)
- Policies placed on or after September 10, 2018 will automatically receive the new, higher target premiums.
- Compensation paid on policies placed before September 10, 2018 will be adjusted to reflect the target premium improvements. These adjustments will occur after September 10 and are expected to be completed by the end of September 2018. Impacted distribution partners will be notified as appropriate.