Lincoln National Life Insurance Co.
05/30/2025 | Press release | Distributed by Public on 05/30/2025 07:43
Prospectus by Investment Company (Form 497)
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
Lincoln Level Advantage2® B-Class index-linked annuity
Lincoln Level Advantage2® B-Share index-linked annuity
Lincoln Level Advantage2® Access index-linked annuity
Lincoln Level Advantage2® Advisory Select index-linked annuity
Supplement dated May 30, 2025 to the prospectus dated May 1, 2025
This supplement to your Lincoln Level Advantage2® index-linked annuity Prospectus describes a correction to the Charges and Adjustments - Surrender Charge section. All other provisions in your Prospectus not discussed in this Supplement remain unchanged.
DESCRIPTION OF CHANGES
For all contracts the following section has been revised as follows:
Charges and Adjustments - Surrender Charge - The second bullet under "A surrender charge does not apply to" was stated incorrectly in the May 1, 2025 prospectus and is replaced with the following:
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Withdrawals of Contract Value during a Contract Year to the extent that the total Contract Value withdrawn during the current Contract Year does not exceed the free amount. The free amount is equal to 10% of the current Contract Value. The free amount exception does not apply upon surrender of the Contract;
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Please keep this supplement for future reference.
Lincoln National Life Insurance Co. published this content on May 30, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on May 30, 2025 at 13:43 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]