Lincoln Financial Group (NYSE: LNC) announced the launch of its Lincoln MoneyGuard® Reserve Plus solution, an enhanced version of Lincoln MoneyGuard® Reserve, a linked-benefit product issued by The Lincoln National Life Insurance Company. Under new product enhancements, Lincoln MoneyGuard® Reserve Plus now features no deductible period or elimination period for all covered benefits and international benefits are extended

Unlike traditional LTC insurance, Lincoln MoneyGuard® Reserve Plus is a linked-benefit solution providing long-term care coverage, while eliminating the "use it or lose it" risk. If long-term care is never needed, the policy holder's beneficiaries will receive the entire death benefit income tax-free. Even if a portion is used for long-term care, the remainder is still paid to the beneficiaries. Lincoln MoneyGuard® Reserve Plus also offers a lifetime money-back guarantee feature.

Products and features, including benefits, exclusions, limitations, terms, and definitions, may vary by state.

SOURCE: Lincoln Financial Group