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MoneyGuard® (Original Series & Reserve) are two innovative products from Lincoln. There is now streamlined underwriting and availability in New York. These linked benefits policies combine universal life insurance and long-term-care in one policy. Moneyguard policies provide benefits no matter what the future brings - a death benefit, long-term-care benefits or both.
MoneyGuard® Reserve - streamlined underwriting, simplified product and clients pay only for the benefits they want. NOW INCLUDES NEW YORK STATE!
MoneyGuard® Original Series - original product that lets your clients cover cover long-term care expenses, maintain control of their assets and pass along a death benefit.
MoneyGuard® Reserve
Say hello to MoneyGuard® Reserve - the one plan that provides long-term care coverage, asset control and preservation, and a valuable death benefit...and it's offered exclusively through Lincoln Financial.
MoneyGuard® Reserve replaces the MoneyGuard® Original series* with single premium payment and flexible premium payment options, as well as these advantages:
- A fully guaranteed contract
- A simplified product that's easier to explain and illustrate
- Clients pay only for the benefits they want
- A return of premium feature included at issue (on single premium only)
- A range of premium options: single premium, 3, 5, 7, or 10 pay
- Inflation protection options
- A linked-benefits policy which combines death protection with long-term care benefits in a single contract
To help you get the word out, Lincoln has developed all new materials for MoneyGuard® Reserve to speak more effectively to your target audience — individuals who are active, independent, financially secure, and have elected to self-insure for the long-term care risk in their retirement.
MoneyGuardReserve offered exclusively through The Lincoln National Life Insurance Company is an intelligent plan that addresses the need for long-term care with flexible estate planning opportunities.
MoneyGuardReserve provides three key benefits:
Long Term Care Coverage. A fully guaranteed policy designed to cover the monthly costs of long-term care, should your clients ever need it.
Death Benefit. If long term care is never needed or if only a portion of the specified amount of death benefit is used for long term care, the remainder shall be passed to beneficiaries income tax-free under IRC Section 101(a)(1).
Control of Assets. If a MoneyGuardReserve policy is purchased with a single payment, the Return of Premium Rider which allows your clients a return of their money should their circumstances or needs change, will be included at issue. The cost of this rider will be deducted from the policy account value.
Please review these materials. If you have any questions, please contact your Lincoln representative.
* Where approved. Please refer to the state availability listing for current state approvals.
Note: If you've sold MoneyGuard® Original series in the past, please be aware that the LS second-to-die joint life version is not available with the MoneyGuard® Reserve series.
MoneyGuard® Reserve Product Literature:
MG Reserve Advisor Guide
MG Reserve vs MG Original Product Comparison
MG Reserve NY Flyer #1
MG Reserve NY Flyer #2
MG Reserve Flip Chart
MG Reserve NY - Compare
MG Reserve NY Specimen
MG Reserve NY Illustration
MG Reserve Streamlined Underwriting
MG Reserve Product Reference Guide
MG State Licensing Chart
MG Reserve Available Product Kits
MG Reserve Client Overview
MG Reserve Client Flyer
MoneyGuard® Original Series offers a nontraditional solution to your clients' long-term care challenges.
70% of Americans age 65 or older will need some form of long-term care (US Special Committee on Aging, March 2004). Are your clients prepared?
To date, there have been only two options for meeting long-term care needs - traditional long-term care insurance and self-funding. Traditional long-term care insurance can be expensive and if your clients never need care, they can't get back the money they put into their policy. If clients are self-funding, they must set aside significant liquid assets and they may deplete assets quickly and have to rely on others.
Then there's MoneyGuard® Original Series. A solid alternative that lets your clients cover long-term care expenses if needed, maintain control of their assets, and pass along a death benefit. If they fund their policy with a single payment, clients can even get their money back (less loans and withdrawals) if they don't need long-term care. It really is a long-term care alternative for today and tomorrow.
Do you have clients who should hear the MoneyGuard® Original Series story?
Generally, consider clients ages 55-75 who are self-insuring or have minimal long-term care insurance and remain concerned about meeting their need and who:
- Are active, independent, financially secure
- Want to maintain a comfortable retirement and protect assets so they can pass them on to loved ones
- Typically have at least $300,000 in invested assets
It's a great story. We can help you tell it.
MoneyGuard Original Product Literature:
MG Original Underwriting
MG Original Competitive Intelligence
MG State Licensing & Availability Chart
MG Original Client Brochure (not for use in MA, WA or MN)
MG Original Client Flyer (not for use in MA, WA or MN)
MoneyGuard Reserve is a universal life insurance policy with a rider that accelerates the specified amount of death benefit to pay for covered long-term care expenses. An Extension of Benefits Rider (EOBR) is available to continue long-term care benefit payments after the entire specified amount of death benefit has been paid. The Return of Premium Rider (ROPR) is included at issue (single premium only). An additional cost for these riders will be deducted from the policy account value. Guarantees are backed by the claims-paying ability of the issuer and subject to policy terms and conditions. This policy has exclusions and/or limitations.Two-year suicide and contestability provisions apply (one-year in some states).
MoneyGuardReserve is issued on Policy Form LN850 (8/05), Return of Premium Rider on Form LR850 (8/05), Convalescent Care Benefits Rider on Form LR851 (8/05), and Extension of Benefit Rider on Form LR852 (8/05), and state variations by The Lincoln National Life Insurance Company, Fort Wayne, IN. Product and features are subject to state availability.
Guarantees are backed by the claims-paying ability of the issuer. MoneyGuard® Original Series is issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, on Policy Form LL-2020 Series and Rider Form LL-2800 Series. Products and features subject to state availability.
For Agent or Broker Use Only. Not To Be Used With The
General Public.
LFD-LB1003
Sales & Success Ideas:
#1
, #2, #3, #4, #5, #6, #7, #8 and #9 - (you can't miss this one!)
Follow these links
for more information or call the USBroker's MoneyGuard specialist:
-
Lincoln MoneyGuard
& Term Appointment Packet
- become contracted to sell Lincoln MoneyGuard, Annuities & Term products
- Steps to Get Paid - transmittal & contact info for submitting new business for MoneyGuard® Original & Reserve.
- TheUSBroker
Lincoln Info & Cover Sheet
- MoneyGuard Newsletters
#1: Long
Term Care Annuity: A Marriage of Two Good Ideas; #2:
Successful
Marketing of MoneyGuard; #3: Long
Term Care Life - A Brave New World Approaches
- Link to Lincoln's agent website
(As soon as we receive your contract
& it is approved, you will be sent your starter kit and
software)
For licensing
information:
contact: Jim Griffin, CEO
Phone:
(877) 341-3342
Fax # :
315-655-4767
e-mail: jgriffin@theusbroker.com
For help
with sales quote information:
If you are an Individual Producer who processes your business directly
through Lincoln Life: 1-877-533-0118
If you are calling from the back-office of an MGA (Marketing General Agency) firm, or if you process your business through an MGA: 1-877-533-0114 Lincoln general number is: 1-877-533-0003
Lincoln Contracting & Appointment
Paperwork:
By Mail:
Lincoln Financial Group
Distribution Gateway - 2S30
PO Box 515
Concord, NH 03302-0515
By Email: Contracting@LFG.com
By Fax: 1-603-226-5311
By Email: LicensingStatus@LFG.com
By Phone: 1-800-238-6252, select option 1, then option 2
The following states are considered pre-appointment states (restricted states) Georgia, Montana, North Carolina, Pennsylvania, and Utah.
PDF forms require Adobe Acrobat Reader Software. 
ZIP file requires WinZIP Archive Software.
It can be downloaded here.For Agent
or Broker Use Only, Not for General Public
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