Lincoln MoneyGuard's Fixed Advantage Hybrid Long Term Care Insurance Plan

Lincoln Financial, the company that pioneered hybrid long-term care insurance in 1987, offers one of the most competitive hybrid policies in 2025. After lowering their prices in 2023—a rare move in the insurance industry—Lincoln MoneyGuard has become our #2 best-selling product and consistently ranks in the top 1-2 spots on our comparison spreadsheets.

Why Lincoln MoneyGuard Stands Out in 2025

"We didn't sell very many Lincoln policies up until 2023. That's when, believe it or not, they lowered their prices." - Drew from LTC Tree

As interest rates rose, insurance companies benefited from better returns on their bond-heavy portfolios. Lincoln Financial passed these savings to consumers, creating one of the most compelling value propositions in the hybrid long-term care market.

Key Features of Lincoln MoneyGuard

No Waiting Period

Lincoln MoneyGuard is the only hybrid long-term care insurance policy with zero elimination period:

• Use benefits from day one
• No 90-day waiting period like most competitors
• Applies to both home care and facility care
• Peace of mind—no forgotten waiting periods 30 years from now

50% Cash Indemnity Option

Lincoln recently introduced a flexible cash indemnity feature:

• 50% of benefits available as cash with no receipts required
• Tax-free cash can be used however you choose
• Remaining 50% requires documentation (facility bills, caregiver receipts)
• Choose per diem: 100% reimbursement or 50% cash on any given day

How Cash Indemnity Works in Practice

"If you have a caregiver come to your home 5 days a week, they're going to have no problem creating the receipts and so forth for the insurance company. Maybe on the weekends the family is taking care of you—well, at least you can get 50% of your money." - Derek from LTC Tree

Lincoln MoneyGuard Product Options

There are two versions of MoneyGuard available:

1. MoneyGuard Fixed Advantage

• Fixed premiums that never increase
• Death benefit if long-term care isn't needed (approximately 20% more than premiums paid)
• Customizable monthly benefits
• Coverage periods from 3-7 years
• Inflation protection options (3-5% compound)

2. MoneyGuard III

• Similar core benefits
• Different premium structures
• Additional customization options

Coverage Includes

• Home Health Care: Professional care in your own home
• Assisted Living Facilities: Full coverage for ALF expenses
• Adult Day Care: Support for part-time care needs
• Nursing Home Care: Comprehensive skilled nursing coverage
• Transitional Care: Funds to help transition from informal to formal care
• Caregiver Training: Coverage for family/friend caregiver education

Financial Strength & Ratings

• AM Best: A+ (Superior)
• Standard & Poor's: AA- (Very Strong)
• Better Business Bureau: A+
• Claims Processing: 98% of claims paid within three days

Pros and Cons of Lincoln MoneyGuard

Pros:

✓ Zero elimination period—only hybrid with no waiting ✓ Often the lowest premium for benefit dollar ✓ 50% cash indemnity flexibility ✓ Fixed premiums—never increase ✓ Tax-qualified benefits ✓ No medical exam required ✓ Return of premium options available ✓ Pioneer in hybrid space (since 1987) ✓ Recently lowered prices (2023)

Cons:

✗ Cash indemnity limited to 50% (vs 100% with some competitors) ✗ May provide less LTC benefits per premium dollar in some scenarios ✗ Complex product with multiple versions

How Lincoln Compares to Other Hybrid Carriers

As independent agents who spreadsheet every carrier:

vs. Nationwide CareMatters:

• Lincoln often wins on price
• Nationwide offers 100% cash indemnity
• Both have strong financial ratings

vs. Pacific Life:

• Lincoln's zero elimination period is unique
• Pacific Life may offer more flexibility in some states
• Lincoln typically more competitive on pricing

vs. OneAmerica:

• Similar benefit structures
• Lincoln's recent price reduction gives them an edge
• OneAmerica may have advantages for certain health conditions

Is Lincoln MoneyGuard Right for You?

Lincoln MoneyGuard is an excellent choice if you:

• Want to avoid any waiting period for benefits
• Value competitive pricing from a established carrier
• Like the flexibility of partial cash benefits
• Want guaranteed premiums that won't increase
• Prefer a company with 35+ years in the hybrid LTC space

Return of Premium Options

Lincoln offers two return of premium choices: 1. 70% Return: Get back 70% of paid premiums if you cancel 2. 100% Return: Full premium refund after 10-year vesting schedule

Frequently Asked Questions

Q: Why did Lincoln lower their prices? A: Rising interest rates benefited insurance companies' bond portfolios. Lincoln chose to pass these savings to consumers rather than increase profits.

Q: Is 50% cash indemnity enough? A: For most situations, yes. You can get full reimbursement when you have receipts and 50% cash when family provides care.

Q: Which MoneyGuard version should I choose? A: We'll show you both options in your personalized quote. The best choice depends on your specific situation and preferences.

Q: How does Lincoln rank overall? A: It's our #2 selling product in 2025 and consistently ranks in the top 1-2 spots for value when we compare all carriers.

Get Your Lincoln MoneyGuard Quote

Don't make this important decision without seeing how Lincoln compares to all other hybrid carriers. As independent agents, we'll show you:

• Side-by-side premium comparisons
• Benefit analysis across all major carriers
• Honest recommendations based on your situation
• Clear explanations of each product's advantages

We're one of those old school agencies that will happily pick up the phone and talk with you. Request your free comparison quote today—we'll FedEx you personalized illustrations from Lincoln and all other top carriers.

Protect your retirement savings while ensuring you have options for long-term care. Whether Lincoln MoneyGuard or another carrier is best for you, we work for you—not the insurance company.