Lincoln MoneyGuard

Lincoln MoneyGuard® Reserve Plus?

Like many people, you want to help protect your retirement savings from health-related expenses, such as long-term care. With Lincoln MoneyGuard® Reserve Plus you have the flexibility to fit your financial plan. This universal life insurance with optional long-term care benefit riders gives you a choice of payment options, from a single premium to payments spread out over 3, 5, 7 or 10 years.

Unlike traditional long-term care insurance, your policy costs are set at issue and will never increase. Because the policy offers a choice of premium payments, you have the option to choose how you pay for your coverage. Your policy provides benefits, — even if you never need long-term care, provided all planned premiums are paid.

• If you need long-term care, you can receive income tax-free reimbursements for qualified long-term care expenses. There’s no deductible or waiting period. This can make a real difference in your total out-of-pocket costs for qualified long-term care expenses.
• If you don’t need long-term care, your policy provides an income tax-free death benefit. Your children, or loved ones, designated as beneficiaries, will receive a legacy. The death benefit would be reduced by any loans, withdrawals and benefits paid.
• If you change your mind you have options. You can have a full return of your premium after year 5 (subject to the vesting schedule below, if surrendered before year 5), reduced by any loans, withdrawls, and benefits paid, provided all planned premiums are paid.