EL
● Active
Estate Lock Death Benefit
Lincoln National Life Insurance Company
DTCC ID
—
COMPANY
Lincoln National Life Insurance Company
TYPE
RILA
INCEPTION
Sep 15, 2025
Identity
Benefit name
Estate Lock Death Benefit
Internal benefit name
Estate Lock Death Benefit
Product policy type
RILA
Status
● Active
Sequence
3
Inception date
Sep 15, 2025
Closed date
—
DTCC Rider ID
—
Last modified
Sep 12, 2025
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
Optional
Waiting period
—
Waiting term
—
Benefit Base
Maximum benefit base
—
Maximum benefit base %
—
With reduce benefit base
—
Subsequent premium
Not Applicable
Partial withdrawals
Withdrawals(excluding Advisory fee withdrawals up to 1.25% of contract value) will reduce benefit proportionally
Required min distributions
—
Coverage Flags
Exclude premium bonus
No
Spousal continuation option
No
State Availability
Exception flag
No
Available in states
—
Benefit Description
This benefit is only available with the ProtectedPay Select rider. Upon death of owner or annuitant, benefit will be equal to the greater of: 1) Contract Value, or 2) total purchase payment adjusted for withdrawals. Withdrawals up to 1.25% of the Contract Value within a Contract Year will not negatively impact the Death Benefit. However, Advisory Fee Withdrawals exceeding 1.25% of the Contract Value within a Contract Year will negatively affect the Estate Lock Death Benefit.
Lifecycle Events
Cancellation
May not be cancelled
Termination
The benefit will automatically terminate upon 1) annuitization; 2) death; 3) change in ownership; 4) contract value reduced to zero.
Available when added
At contract issue.
Effect change ownership
Change in contract owners or annuitant may terminate the rider.