RADNOR, PA — Lincoln Financial (NYSE: LNC) announced the launch of Lincoln WealthProtector Indexed Universal Life, a new protection-focused indexed universal life insurance product issued by The Lincoln National Life Insurance Company.
The company said the product expands its Elite IUL Portfolio and is designed to provide death benefit protection with market-linked growth potential.
LIMRA reported that indexed universal life policies accounted for 25% of total U.S. life insurance sales in the first three quarters of 2025, according to Lincoln.
Darrel Tedrow, senior vice president and head of Life Solutions at Lincoln Financial, cited consumer demand for balanced protection and growth.
“A recent Lincoln study found that 62% of consumers want an equal mix of growth and protection when choosing an investment or insurance product,” Tedrow said.
Lincoln WealthProtector IUL includes an optional Extended No-Lapse Rider that allows policyholders to customize guarantees up to age 100. The company said the policy also introduces new indexed account options and a guaranteed policy value bonus intended for long-term planning.
The product offers chronic and terminal illness riders, which provide access to benefits under qualifying conditions, according to the company.
Jared Nepa, senior vice president and head of Insurance Solutions Distribution at Lincoln Financial, said the company plans additional updates to its indexed universal life portfolio in 2026, including changes to caps and participation rates on certain indexed accounts and the addition of new account options.
Lincoln’s Elite IUL Portfolio includes policies tied to indexed accounts that credit interest based in part on market index performance, including volatility-controlled S&P 500 indexes. Optional riders allow policyholders to customize features related to protection and performance.
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