Lincoln remains dedicated to our commitments to policyholders, including the lifetime guarantees provided by our variable universal life insurance products, Lincoln VULONE (2021) and Lincoln SVULONE (2021). As part of our disciplined approach to financial and risk management, we continue to monitor the external environment and proactively manage our products and the risk they bring to Lincoln to ensure we are operating responsibly. The following change will allow us to continue to offer competitive level guaranteed premiums.

Effective Nov. 13, 2023, Lincoln is discontinuing the Table Reduction Program (TRP) for all Lincoln VULONE and SVULONE variable life insurance products. To be eligible for the TRP, the following guidelines will apply:

Submission Deadline: Nov. 10, 2023

  • All formal applications for Lincoln VULONE (2021) or SVULONE (2021) cases must be received at Lincoln in good order by Friday, Nov. 10, 2023. The TRP will not be available for any Lincoln VULONE or SVULONE application received at Lincoln on or after Nov. 13, 2023.
  • For any outstanding Trial offer, the formal application must be received in good order by Nov. 10, 2023.
  • For cases with the owner listed as “Trust to be Established,” the formal application must be signed by the insured and received in good order by Nov. 10, 2023. The only paperwork  that Lincoln will not require at submission is the executed Certification of Trustee Powers with the trustee/owner’s signature, which must be received prior to policy issue.

Placement Deadline: Dec. 29, 2023

All Lincoln VULONE or SVULONE cases eligible for the TRP must be placed in force, or 1035 exchange initiated, by Dec. 29, 2023. For any case not placed in force or 1035 initiated by Dec. 29, 2023, the TRP offer will no longer be valid.


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