Lincoln’s Joint Feature is More than Sharing – it’s Preparing

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No hassle benefits transfer

Goals don’t change, but plans might.

Our joint feature offers all clients, not just couples, the ability to determine how to use death benefit proceeds with the Benefit Transfer Rider1 (BTR), which is available on all MoneyGuard® Advantage policies (universal life and variable universal life insurance policies with long-term care riders) at no additional cost. BTR gives beneficiaries, who are also policyholders, choices when deciding how death benefit proceeds will factor into their financial legacy. 

  • Benefits for more than married couples — Connect with the next generation by helping couples, siblings, parents, loved ones and business owners on estate planning and long-term care (LTC) protection.
  • Product optionality through choices — Take advantage of the ability to choose between fully guaranteed2 or market-driven products to personalize plans that meet individual client’s needs.
  • Separate death benefits3 — Clients can obtain access to death benefit proceeds at first death claim.
  • No decision needed until time of claim — Allow clients to make timely decisions based on their unique situations. 

Find out more about using the joint feature in the MoneyGuard suite of LTC solutions to help clients take control of their individual LTC plans and connect with the next generation. 

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1 BTR is automatically included for no additional cost on all MoneyGuard® Advantage policies. To use the Benefit Transfer Rider, beneficiaries must also be the insured on another MoneyGuard® policy and the rider must be on both policies. Both policies do not need to be opened at the same time. Benefit Transfer Rider funding purchases guaranteed, paid-up long-term care and death benefits. Minimum BTR purchase amount is $25,000 and cannot be funded prior to attained age 50. 
2 MoneyGuard Fixed Advantage® policies are guaranteed assuming all premium payments are made and no loans and/or withdrawals have been made. 
3 Beneficiaries may receive an income tax-free death benefit under IRC Section 101(a)(1).