We offer a variety of products designed for businesses and organizations of all types and sizes. With an array of investment options, best in class service and accessibility to an experienced team, you get more than just a product ...you get Lincoln Executive Benefits. Here are our Corporate Owned Life Insurance (COLI) and our Bank Owned Life Insurance (BOLI) product offerings.
Corporate Owned Life Insurance (COLI)
Lincoln Corporate Commitment VUL (LCC VUL)
Lincoln Corporate Commitment VUL is a registered variable universal life insurance
product. It is most efficient in flexible premium, non-MEC case designs and is excellent
as an informal funding vehicle for many non-qualified executive benefit plans. It is used
to informally fund plans under 409a and FAS106 liabilities and is typically sold on a multi-pay basis.
Lincoln Corporate Commitment UL (LCC UL)
This product provides corporate owned, flexible premium universal life insurance.
It is used to informally fund plans under 409a and FAS106 liabilities and is typically
sold on a multi-pay basis.
Bank Owned Life Insurance (BOLI)
Lincoln Corporate Commitment BOLI (LCC BOLI)
This is Lincoln's general account BOLI product designed to informally fund bank
benefit plan liabilities. The product charges only for mortality and credits a new-money
based interest rate. It is typically sold on a single-pay basis.