Effective March 11, 2024
To help increase efficiencies, reduce turnaround times and optimize Underwriting outcomes, beginning March 11, 2024, the Lincoln MoneyGuard® cancel date guidelines will be updated to permit an application to remain open for 60-days following the interview completion date. This is a change from the current 90-day cancel date and will now align the MoneyGuard process with Lincoln’s core life insurance guidelines. For cases with a 1035 exchange, the 1035 must be initiated within 60-days of the interview completion. Lincoln will continue to allow for a cancel date extension to complete the 1035 exchange. Please reach out to your dedicated Lincoln MoneyGuard New Business team with any questions.