Lincoln’s MoneyGuard Underwriting & New Business team is excited to announce that the newly updated versions of the Part II and LTC Supplement, which were made available to South Carolina in August, will soon be available nationwide! These forms and updated client interview process will be available for all Lincoln MoneyGuard® life insurance products in all states, excluding California, starting September 16, 2024.
Part II and LTC Supplement
The enhancements made to the Part II and LTC Supplement will improve the client personal history interview experience across all application media (electronic, telephone, paper), and are based on our experience and feedback from our valued partners. Enhancements include:
- Improved clarity of questions to reduce completion errors
- Redesigned format which gathers more details from the client up-front to reduce additional underwriting touchpoints and increase opportunities for straight-through processing
- More checkboxes rather than freeform sections
- Alphabetical ordering of conditions
- Separated medical conditions by body system/type
Increased efficiencies within the underwriting process to complement Lincoln’s Real Time Approval1 process for eligible applicants in good health
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Updated Underwriting and Interview Resources
Additionally, the following resources have been updated based on the improvements made to the forms and client interview:
Presubmission Underwriting Tool
Make sure your client is a good candidate for Lincoln MoneyGuard® products by reviewing this document which provides underwriting guidelines, disqualifying conditions and medications, height and weight guidelines, and more.
Personal History Interview (PHI) Preparation Guide Help prepare your client for a smooth underwriting interview experience. Use this guide to ensure they will have easy access to the detailed health information needed during the interview.