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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
October 16, 2008 at 11:32 AM
Lincoln National Corp. will be paying extra benefits to group long-term disability insurance claimants with especially serious disabilities.
Lincoln, Philadelphia, says it will be selling a standard 10% Progressive Income Benefit feature along with new group LTD policies quoted after Sept. 20.
The new benefit will be triggered when an insured suffers the inability to perform 2 or more “activities of daily living” or cognitive impairment.
The typical base benefit amount might be 60% of the insured’s income.
The new feature would increase benefit payments enough to replace 70% of the insured’s income, Lincoln says.
“Additional Progressive Income Benefit amounts may be purchased to raise the benefit amount up to 100% of the insured’s pre-disability income,” Lincoln says. “These increments can be paid for by the employer, or by the employee.”
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