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October 24, 2002 at 08:00 PM
NU Online News Service, Oct. 24, 2:50 p.m. – The Lincoln National Life Insurance Company, Hartford, has introduced new and upgraded survivorship products to its line of universal life and variable universal life policies.
Its universal life portfolio now features Lincoln SUL(DB), a survivorship product that offers low-cost wealth preservation and death-benefit protection. Lincoln also offers a newly upgraded survivorship product called Lincoln SUL(LPR)-II, which provides flexible, guaranteed lifetime coverage.
Variable universal life enhancements in its portfolio include Lincoln SVUL-III, for those interested in the potential for greater cash accumulation through a wide variety of investment options.
Lincoln Life’s survivorship products provide coverage on the lives of two individuals under a single policy, with a death benefit payable upon the second death.
“The addition of these new and upgraded survivorship products offers our clients additional flexibility and product variety,” said Gary Parker, chief product officer for Lincoln Life.
