FROM LINCOLN FINANCIAL...

Coming soon:

Additional indexed accounts are being made available to select inforce Indexed Universal Life insurance policies

Effective April 13, 2026, two new indexed accounts will be available on select in force IUL policies. These S&P based, enhanced volatility controlled accounts are being offered in response to the strong feedback received since their 2025 introduction in Lincoln’s Elite Indexed Universal Life Portfolio.

Featuring higher index volatility targets than typically available in the market, the new accounts offer clients additional optionality and expanded performance potential.

These updates reflect Lincoln’s continued commitment to evolving our indexed account lineup to meet producer and client needs while supporting long term policy performance opportunities.

Financial professionals will receive email notification prior to the effective date. A letter will be sent to Policyholders once the accounts are active.

Deadlines for adjusting future allocations

For policy owners wanting to allocate to either of these new accounts, for segments maturing on April 15th, 2026, the deadline to submit the updated allocation form to Lincoln’s home office is April 13, 2026.

Adding the accounts to other IUL products

Lincoln Financial is actively working to make these accounts available on additional products as quickly as possible while ensuring a seamless and superior customer experience. Financial professionals will receive email notification prior to the effective date. A letter will be sent to Policyholders once the accounts are active.

Illustration Software Updates

Lincoln DesignIt and WinFlex illustration systems will reflect v73.0D as of April 13, 2026. For the best experience and access to the newest features, consider using the DesignIt online version, which offers enhanced capabilities beyond the desktop application. DesignIt Desktop users will need an active internet connection before being prompted to update. If you need to download software, it is available on the Lincoln producer websites or from Field Office Technicians.

Please see the official announcement for additional details

Find out more about these changes from Lincoln Financial...

• Formal Announcement from Lincoln Financial
• Financial Professional FAQ
• Indexed Account Rates – Current and Historical

FROM LINCOLN FINANCIAL...

Updates to products available for late duration Term Conversions

(Limited to in-force Lincoln LifeElements Level Term and Lincoln TermAccel policies with an effective date prior to September 12, 2016)

Lincoln is announcing updates to products available for late duration Term Conversions for in-force Lincoln LifeElements Level Term and Lincoln TermAccel policies with an effective date prior to September 12, 2016. After an extended transition period, Lincoln Conversion UL will be the only product available for conversion for these policies. This action will limit the impact of late duration Term conversions, allowing Lincoln to continue offering a comprehensive, competitive and relevant life insurance portfolio.

While this change affects the products available for conversion, the guidelines will continue to meet the conversion privileges provided in the term policy contract language. Financial professionals and their clients will be given a 12-month transition period to evaluate the impact on their policies and consider the options available.

Transition guidelines

For in-force Lincoln LifeElements and Lincoln TermAccel policies with an effective date prior to September 12, 2016, please see the following conditions and timeline to secure the products available for conversion:

• The Term Conversion application must be signed, dated and received in good order at Lincoln on or before June 23, 2026.
  • For cases with the owner listed as “Trust to be Established”, Term Conversion applications received at Lincoln on or before June 23, 2026, and signed by the insured will still qualify as awaiting a trust to be set up as part of the normal course of business. The only paperwork that Lincoln will not require at submission is the executed Certification of Trustee Powers with the trustee/owner’s signature. It must be received prior to issue.
    • “Trust to be Established” is defined as a newly established trust in the process of being set up and for which completion of the trust and its established date fall after the original application signed date. Pre-existing trusts do not qualify as “Trust to be Established.” Nor will Lincoln accept a final application that originates with the owner listed as “Trust to be Established” but deviates ownership to another entity or individual.
  • For applications that have been closed out, a new Term Conversion application must be submitted on or before June 23, 2026, otherwise, the case will only be eligible for Lincoln Conversion UL.
• The converted permanent policy must have all placement restrictive requirements, including premium received (and/or 1035 exchange initiated) at Lincoln in good order on or before August 24, 2026. For any pending conversions that do not meet the deadline, the client must select Lincoln Conversion UL, or the case will be closed.

Please see the formal announcement for additional details.

Find out more about these changes from Lincoln Financial...

• Formal Announcement from Lincoln Financial
• Lincoln Conversion UL (2019) Fact Sheet
• FAQ: Term Conversion Guideline updates
• Term Conversion Guidelines
• Term Conversion Process Overview
• Book of Business Guide