Carrier Update: Lincoln Financial Completes Update to Conversion Policy and Procedure with Release of Conversion UL

Lincoln Financial released a series of updates to the policy and procedure around term conversions in 2016. The recent release of Conversion UL completes this process and has particularly significant impact for term insurance policies written prior to April 2007. The details are summarized below, however, the importance of this subject makes a read of the current Lincoln Life Leader essential. From Lincoln Financial: Effective February 13, 2017, Lincoln introduced Lincoln Conversion SM UL, a current assumption Universal Life (UL) product

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