Great News from Lincoln! The Table Shave Program is back!
· The Table Reduction Program (TRP) is now available! Consideration for up to $10 million maximum face amount, through age 70, for Table 3 to Standard rate classes
· Internal Retention Limits have been increased up to $20 million for permanent life insurance products
· Substandard ratings, up to Table 4, will be considered for all ages through 80
· Cases assessed with a Flat Extra up to $10.00 per $1000 will be considered
· Table Rated and Flat Extra combo cases will be considered with up to Table 2 (150%) with a Flat Extra up to $10.00 per $1000
· Lincoln MoneyGuard® cases for ages 71 and up will now be considered for the following products: Lincoln MoneyGuard® III, ages 71 – 80 Lincoln MoneyGuard® II, ages 71 – 79 Lincoln MoneyGuard® II NY, ages 71 – 79 |
Click here for more information.
If you have additional questions about these updates, please contact your dedicated Lincoln Underwriting team. Next week, our Go Digital webpage will be updated to access these updates, FAQs and even more resources from Lincoln Underwriting & New Business and Customer Service.
PRODUCT UPDATE: REMINDER: On May 10, Lincoln will enhance our IUL portfolio.
Click here to learn more about our competitive solutions, our NEW Fidelity indexed account and core strategies to help meet your customers’ needs and drive more business. Please note: Bookmark this page so you can access all our resources on launch day!
PEOPLE UPDATE: NEW Associate Chief Underwriter
Lincoln’s Office of the Chief Underwriting team is pleased to announce Wally Empleo as the newest Associate Chief Underwriter (ACU), effective May 10, 2021. As ACU, Wally will lead the Foreign National team and provide support to our leading-edge underwriting teams.