March 16, 2020: Lincoln MoneyGuard II & III Pricing Updates
Effective today, March 16, 2020, Lincoln Financial Group will implement pricing updates to the Lincoln MoneyGuard® III product with the launch of Lincoln MoneyGuard® III (2020).
Pricing adjustments will result in a price increase between 0-8%.
- Single pays will see an increase of 8%
- Flexible premium payments will see an increase that trends down as the duration of payments is extended:
- 5-pays increase 6.5%
- 10-pays increase 4.5%
- 15-pays increase 3.0%
- 20-pays increase 1.5%
- 25-pays increase 0.5%
Effective today, March 16, 2020, Lincoln Financial Group will implement pricing updates to the Lincoln MoneyGuard® II (2020) product with the launch of Lincoln MoneyGuard® II (2020) – 03/16/20.
Pricing adjustments will result in a price increase between 0-9%.
- Single pays will see an increase of 8-9%
- Flexible premium payments will see an increase that trends down as the duration of payments is extended:
- 5-pays increase 6.5%
- 10-pays increase 4.5%
- 15-pays increase 3.0%
- 20-pays increase 1.5%
- 25-pays increase 0.5%
There is a transition period which begins on March 16, 2020 and ends on March 27, 2020. Read the attachment for more specific instructions