● Terminated

Estate Lock

Lincoln National Life Insurance Company

Edit

DTCC ID —

COMPANY Lincoln National Life Insurance Company

TYPE Variable Annuity

INCEPTION Aug 19, 2024

Identity

Benefit name

Estate Lock

Internal benefit name

Estate Lock

Company

Lincoln National Life Insurance Company

Product policy type

Variable Annuity

Status

● Terminated

Sequence

Inception date

Aug 19, 2024

Closed date

—

DTCC Rider ID

—

Last modified

Jan 16, 2026

Life & Age

Based on life

Owner (or Annuitant if owner is a non-natural person)

Single life

Joint life

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

Subsequent purchase payments may be limited.

Partial withdrawals

Withdrawals will reduce the benefit base in the same proportion as they reduce the contract value.

Required min distributions

—

Coverage Flags

Exclude premium bonus

Spousal continuation option

Yes

Spousal continuation detail

Surviving spouse may elect to continue benefit after death of owner.

State Availability

Exception flag

Available in states

—

Benefit Description

Available only during the accumulation phase. Upon the death of the owner or annuitant, the benefit will be the greater of: 1) the contract value, or 2) the purchase payments adjusted for withdrawals. Withdrawals that do not exceed the protected annual income amount under the Lincoln ProtectedPay and Estate Lock rider will not impact the purchase payments used to determine the Estate Lock death benefit. Additionally, annual advisory fee withdrawals up to 1.25% of the contract value will not be considered as withdrawals for the death benefit calculation. However, if advisory fee withdrawals exceed 1.25% of the contract value, they will be treated as excess withdrawals under the rider and will consequently reduce the benefit amount provided by the rider.

Lifecycle Events

Cancellation

May be cancelled any time after election.

Termination

The benefit will automatically terminate upon the occurrence of the earliest of: 1) annuitization, 2) reduction of the contract value to zero, 3) change in ownership, 4) excess withdrawals, or 5) withdrawals taken before the youngest owner.

Available when added

No longer available for new purchases.

Effect change ownership

Change of owner will result in termination of the rider.