Lincoln Financial is Raising Policy Fee
Term Policy Fee Increase
09-30-2009
Term Policy Fee Increase
On December 1, 2009 Lincoln will be increasing the annual policy fee on all Lincoln LifeElements SM Level Term (2009) business from $75 to $125. The change will be based on Policy Date (the date from which policy anniversaries are measured) and will impact any and all business with a Policy Date of December 1, 2009 or later.
In line with the recent increase to the minimum death benefit on Lincoln LifeElements SM Level Term, they are making this change to the policy fee to provide the best service levels for you and your customers by focusing on their target markets and core business.
Lincoln DesignItSM will be updated on November 23, 2009 with this fee adjustment. Illustrations with the old, lower fee can be obtained through your BUA Internal Wholesaler.
Contact us at 800.792.6795 for a quote or more information.
