Lincoln Long-Term Care Advantage Rider

The Lincoln Long-Term Care Advantage Rider provides a way to manage the potential impact of long-term care expenses. There are two primary LTC Benefits - the Acceleration Benefit and the Extension Benefit and there is also an additional optional LTC Benefit the Growth Benefit that, if elected, may provide additional payments under the LTC Rider. The Rider provides a Nonforfeiture Benefit.,The LTC Rider provides a non-forfeiture benefit if rider is terminated due to a specified increase of the charge for the Extension Benefit. It is called contingent non-forfeiture benefit, provided without charge that pays a reduced long-term care insurance benefit. Owner may also choose to add an enhanced non-forfeiture benefit, called the optional non-forfeiture benefit, for an additional charge that pays a reduced long-term care insurance benefit if rider is terminated for any reason after three years. Under either non-forfeiture benefit, owner may receive an amount equal to greater of one month's maximum monthly benefit or an amount equal to sum of all extension benefit charges and optional non-forfeiture benefit charges paid minus the amount of any extension benefits paid prior to the LTC Rider's termination. Acceleration Benefit Charge is calculated as a percentage of the LTC Guaranteed Amount, which is 0.35% (Max - 1.50%) for level benefit and 0.50% (Max - 1.50%) for growth benefit. Extension Benefit Charge and the Optional non-forfeiture Benefit Charge, are calculated as a percentage of the Extension Benefit. The current Extension Benefit Charge annual percentage rates range from 0.26% to 0.68% of the Extension Benefit and current Optional non-forfeiture Benefit Charge annual percentage rates range from 0.04% to 0.11% of the Extension Benefit for states: AK, AL, AR, AZ, DC, DE, GA, IA, KY, LA, MD, ME, MI, MO, MS, MT, NC, ND, NE, NM, OK, OR, RI, SC, SD, WV, WY and ranges from 0.28% to 0.76% of the Extension Benefit and for optional non-forfeiture benefit 0.05% to 0.12% for all other states and (0.06% to 0.13% for state CA). For Growth Benefit option Covered Life may not be older than 69 years. Certain medical conditions or the use of certain medications or medical devices will disqualify from being eligible to purchase the LTC Rider. If LTC Rider is elected, the maturity date set forth in the contract will be the annuitant's 95th birthday.