Lincoln Financial Money Guard II 2019

Hybrid Long Term Care Insurance is a product that combines traditional Long Term Care Insurance and Life Insurance. How it works it simple. If you need Long Term Care services you’ll use the benefits for care, however, if care is never needed then a tax free death benefit will be paid to the family at least equal to the premium you put in.

How Does Lincoln MoneyGuard II (2019) Work?

Lincoln National Life created a product called Lincoln Money Guard II which is a guaranteed premium product where you can pay one lump sum, pay to off in three, five, seven or pay it off in ten years. If you pay it off over time they of course will give you less benefits than if you paid off the premium all at once.

The Lincoln MoneyGuard II provides tax free long term care insurance benefits if long term care is needed, a tax-free life insurance death benefits for your family if you do not need long term care care. If you change your mind and decide to cancel the contract they will give you 80% of your premium back.. 

Unlike traditional long term care care insurance, hybrid long term care care insurance’s premium is guaranteed to never increase. The long term care care benefits in the Lincoln Money Guard II are also guaranteed. The contract can be funded FIVE different ways:Lump-sum single pay premium.

Lincoln Money Guard II received an update on 03/15/2019 where the rolled out a more competitive product.

Over the past two years they had lost considerable marketshare in the Hybrid Long Term Care Insurance space so they essentially made their new plan more competitive. They changed two main areas:

  1. They increases the Long Term Care Insurance for Lincoln Money Guard II by about 8%.
  2. They increased the life insurance benefit by about 8%.

In summary the shorter the funding duration of the Lincoln Money Guard II, the more benefits they will give you.

For example a 55 year old married female funds her policy with $100,000 into Lincoln MoneyGuard II, from day one her $100,000 will immediately guarantee her $422,000 in tax-free long term care insurance benefits and she can access that pool of money at a $5,400 per month rate.  Going forward, both numbers will grow 3% compound each year to keep pace with rising health care inflation. By the time she is 85 year old the Lincoln Money Guard II plan will have grow to over $1,000,000 in Long Term Care benefits.

The best part of the Lincoln Money Guard II is if long term care is never needed then her family will get a tax-free life insurance death benefit of about $130,000.

Also included is the ability to get most of your money back if you change your mind.  In the above example she could walk away with $80,000 if she decided to cancel the contract.

I like the concept, but is the Lincoln MoneyGuard II Hybrid Long Term Care Life Insurance Right For Me?

The Hybrid Long Term Care Insurance product Lincoln MoneyGuard II can make sense for many individuals who are concerned about needing long term care at some point before they die, but at the same time have a feeling they may never need care. This type of person usually has liquid assets of $500,000 or more so they won’t need to live off the money they fund the  Lincoln MoneyGuard II with. It is right for people who are seeking to protect their retirement assets from the high cost of receiving long term care, and have the funds and again are able to re-allocate an asset that will not be needed for retirement income.

How do I qualify for Lincoln MoneyGuard II?

Qualifying health-wise for Hybrid Long Term Care Insurance products like the Lincoln MoneyGuard II is easier than qualifying for a traditional long-term care insurance policy.  The reason is they have a bigger chunk of money upfront so are able to insure slightly higher risk. The underwriting process with Lincoln MoneyGuard II most often only consists of a telephone interview although they may pull medical records if the underwriter requests the additional information.

Even if your prior traditional long term care insurance application has been turned down, you might still qualify for a Hybrid Long Term Care Insurance product.  At Hybrid LongTermPlans.com we work with all the hybrid companies including Lincoln MoneyGuard II, so if you would like to compare all of the Hybrid Long Term Care Insurance products simply fill out the form below and we’ll FedEx you the top ten Hybrid Long Term Care Insurance plans.

Please contact by filling in the form below to review your health history to see if you can qualify for a hybrid long term care policy.

It is easier to health qualify for linked-benefit policies or hybrid long term care insurance policies than qualifying for a traditional long-term care insurance policy.  The underwriting process with Lincoln MoneyGuard II consists of a telephone interview with a nurse and they will pull a prescription drug report as well a DMV report.  Lincoln MoneyGuard policies are usually issued  around a month after your telephone interview is completed and all other under writing is complete.

Even if your prior long term care insurance application has been turned down, you might still qualify for a Hybrid Long Term Care Insurance linked benefit policy by Lincoln National or one of our other ten providers.

At Hybrid LTC Plans are an independent group and and pride our selves on working for you not tone insurance company. We have served consumers in all 50 States since 1995.  We are true experts in our field and can help you go over the good, the bad and the ugly of each plan.

If you would like to receive and compare a side-by-side Hybrid Long Term Care Insurance linked-benefit comparison from the top ten blue-chip companies such as Lincoln MoneyGuard II,State Life Asset CareJohn HancockMass Mutual, New York Life, Bright House Financial, Pacific Life Premier Care AdvantageMinesota Life-Securian SecureCareNationwide and more please fill in the form below.

hybrid long term care quotes