What is the i2Live Annuity?
The i2Live annuity is part of the innovative range of i2Live retirement products
from Lincoln. It is a flexible annuity which has a unique guaranteed income option.
We describe a flexible annuity as an annuity policy with the following features:
- income flexibility
- control over investments
- choice of death benefits
Special Features
- Guaranteed income option
- Old Broad Street Research select and monitor funds on an on-going basis.
- Mortality credits
Guaranteed income option
This is calculated as 75% of the calculated sustainable income. Lincoln will calculate the level of sustainable income taking into account various financial factors.
There is a joint life option so your partner can continue with all or part of your
fund if you predecease them
Investment options
Mortality credits
By investing in real assets you will have the opportunity to benefit from any future
investment growth.
The Risks
The only risk with a guaranteed income option is that the insurance company will
be not be able to meet the guarantee promise. However Lincoln use sophisticated
hedging techniques to ensure that the any guarantees will be met.
If both you and your partner die soon after taking the annuity there will no funds
available for other family members. However it is possible to have a guarantee period.
The value of investments may go up as well as down and there is no
guarantee on the value of the investments, but there is an income guarantee
Suitability
About Lincoln
Key Facts
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i2Live Annuity |
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Overview |
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DD and variable annuity with option of an income guarantee and death benefits.
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Income Guarantee |
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Guaranteed income based on 75% of Maximum Supportable Income (MSI). Lock in gains
every 5 years. Flexibility to turn on or off within DD.
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Income options |
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Death Benefits |
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Investment Links |
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Charges |
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