Lincoln National Corp. is now offering its MoneyGuard Reserve policy in New York state.

The MoneyGuard policy is a universal life insurance product that includes benefits for a variety of long term care services, including nursing home care, home health care, assisted living and adult day care.

The policy for the New York market is issued by Lincoln Life & Annuity Company of New York, a subsidiary of Lincoln, Philadelphia.

If a MoneyGuard policyholder does not need long term care, the beneficiaries will get the entire death benefit.

Customers can buy a return-of-premium rider for MoneyGuard Reserve policies purchased with a single premium.