Lincoln Announces New SVUL Product

RADNOR, PA, August 13, 2013 – Lincoln Financial Group (NYSE:LNC) today announced the launch of its next generation Lincoln SVUL^ONE (2013), a survivorship variable universal life insurance product combining a guaranteed lifetime death benefit with the freedom to pursue market-driven growth potential that can help meet future liquidity needs.

“Lincoln focuses on continually providing a diverse mix of solutions to help advisors meet their clients’ specific needs, and keep financial plans on track in any market environment,” said Michael Burns, senior vice president, Life Solutions. “As the latest example, our enhanced SVUL^ONE helps strengthen the position of advisors working with clients insuring two lives in the process of building a financial legacy, providing financial flexibility, and meeting a variety of financial planning needs ranging from estate tax funding to wealth transfer.”

Lincoln SVUL^ONE2013 offers a new competitive pricing structure making it potentially suitable for various premium scenarios, including those in which premiums are paid in three years or less.

Lincoln SVUL^ONEinsures two individuals in a single policy. It provides an income tax-free guaranteed death benefit, regardless of market conditions or investment options selected, upon the second individual’s death.Lincoln SVUL^ONE also offers flexibility and the potential to enhance benefits based on positive market performance. If the policy’s cash value reaches a pre-determined threshold, the client can choose to stop paying premium early, extend the guarantee duration, and/or access their excess policy cash value growth for income, without impacting the guaranteed death benefit.

Lincoln SVUL^ONEoffers the freedom to pursue growth potential with diverse investment options from the Lincoln Elite Series of Funds. Without impacting the death benefit, advisors can work with their clients to select from more than 70 investment choices from well-known fund managers to develop a policy portfolio that matches risk tolerance and investment objectives.

Lincoln SVUL^ONE2013 is also available, at additional cost, with a new optional Estate Protection Rider, which provides an additional insurance benefit for estate preservation.

Lincoln SVUL^ONE2013 is now available in most states to Lincoln’s network of distribution partners.

About Lincoln Financial Group
Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $189 billion as of June 30, 2013. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life, disability and dental insurance; employer-sponsored retirement plans; savings plans; and comprehensive financial planning and advisory services. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.