With Economic Uncertainty, Lincoln Expands Indexed Variable Annuity Options to Deliver Added Portfolio Protection Options for Investors

At a time when investors value protection most, Lincoln Financial Group (NYSE: LNC) expands its flagship, industry-recognized solution, Lincoln Level Advantage indexed variable annuity, with two new options that offer investors more ways to help grow their savings with a level of protection during market downturns and uncertainty.

Lincoln is introducing a new performance trigger option available with a one-year term, 10% level of protection that tracks the S&P 500 index, beginning May 18. The option is meant for investors who want to know what rate their investment will earn in an up or flat market, regardless of index growth rate — ultimately providing more predictability for their investment.

Lincoln also recently introduced a new one-year term option with a 20% level of protection, a feature that can benefit wary investors who might be looking for a higher level of protection, but want to stay invested in the market.

“This is the type of option we see resonating in the current environment, and Lincoln is the only major carrier to offer it,” said John Kennedy, head of Retirement Solutions Distribution. “It’s a way to provide investors with protection during a shorter-term period of market uncertainty — with an option to renew or change course once their one-year term has ended.”

Annuity Market Changes

Since the introduction of Lincoln Level Advantage in May 2018, the market has grown, and so has the demand for products that can offer investors equity index-linked accumulation potential with downside protection.

In April 2020, LIMRA Secure Retirement Institute showed registered index-linked annuity (RILA) sales at their highest in 10 years, forecasting continued growth for the category in 2020. Lincoln agrees with this forecast and has prioritized the development of its own solution through greater optionality, transparency and competitive options.

“Lincoln Level Advantage is a product that can help investors face today’s market uncertainty with greater confidence,” says Brian Kroll, head of Annuity Solutions at Lincoln Financial Group. “Our goal is to offer multiple options and features within this solution that can meet the diverse needs investors have for market performance and downside protection.”

About Lincoln Level Advantage

Lincoln Level Advantage provides investors the ability to tailor a combination of indexed account options, terms and levels of protection to help meet their unique and individual investment style, risk tolerance and retirement planning goals.