LS
● Terminated
Lincoln SmartIncome Inflation Death Benefit
Lincoln National Life Insurance Company
DTCC ID
—
COMPANY
Lincoln National Life Insurance Company
TYPE
Variable Annuity
INCEPTION
Jul 03, 2013
Identity
Benefit name
Lincoln SmartIncome Inflation Death Benefit
Internal benefit name
Lincoln SmartIncome Inflation Death Benefit
Product policy type
Variable Annuity
Status
● Terminated
Sequence
5
Inception date
Jul 03, 2013
Closed date
Feb 03, 2014
DTCC Rider ID
—
Last modified
Jun 13, 2023
Life & Age
Based on life
Owner (or Annuitant if owner is a non-natural person)
Single life
No
Joint life
No
Min age
—
Max age
—
Rider select rule
—
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
—
Partial withdrawals
—
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
Benefit is only available in conjunction with Lincoln SmartIncome Inflation. Upon death of owner or annuitant, benefit will be greater of - 1) current reserve value; 2) initial reserve value, less all Scheduled and Unscheduled Payments, less any Unscheduled Payment charges.
Lifecycle Events
Cancellation
Benefit may automatically terminate under certain conditions.
Termination
Benefit will automatically terminate upon termination of Lincoln SmartIncome Inflation.
Available when added
No longer available for new purchases.
Effect change ownership
Change in ownership will not change benefit base.