Lincoln Care Coverage Accelerated Benefits Rider (2-5-19)

Effective February 11, 2019 Lincoln will be introducing the newest addition to its rider portfolio, Lincoln Care Coverage Accelerated Benefits Rider (CCABR). Available at policy issue, this rider is designed for clients who have a primary need for death benefit protection but are also concerned about long-term care expenses of covered services for temporary and permanent chronic illness. This rider will initially be made available on Lincoln LifeGuarantee® UL (2013)-02/12/18 and Lincoln VULONE (2014).

 Rider Highlights 

  • Offers access to death benefit due to a temporary or permanent chronic illness, subject to eligibility and requirements
  • Leverages the strength of Lincoln MoneyGuard II, as this 7702B(b) rider* will offer benefits for the same covered services and provide Lincoln Concierge Care assistance.
  • Income tax-free reimbursements for qualifying long-term care costs
  • Available at an additional cost
  • Adding CCABR will increase targets
Read details and transition here.