Plan and Prepare for Potential Challenges to your Retirement Income Security such as Chronic illness or Disability PHILADELPHIA, Oct. 24 /PRNewswire/ -- What: According to U.S. Department of Health and Human Services, at least 60% of people over age 65 will require some form of long- term care services during their lives. And, that care will be expensive. In 2006, the average national cost of nursing home care was $171 per day or $62,415 per year for a semi-private room and $194 per day or $70,810 per year for a private room(1). The month of October is designated as Long-Term Care Planning Month to highlight the skyrocketing costs of healthcare and the need to protect yourself and your family. Lincoln Financial Group is leading the charge to educate Americans about the importance of planning to meet the expenses of long-term care and the many new options available to them. Purchasing a policy with long-term care coverage can offer protection from unexpected challenges to you retirement income security such as chronic illness or disability to ensure a sufficient nest egg for retirement. (Logo: http://www.newscom.com/cgi-bin/prnh/20050830/LFLOGO ) Many pre-and-post-retirees don't fully understand the potential risks associated with not having long-term care insurance, and they often underestimate the possibility of facing these risks. Financial experts say that a primary reason people hesitate to purchase traditional long-term care insurance is the "use it or lose it" fear of forfeiting their money if they never actually need long-term care. To address this concern, Lincoln Financial Group(R) affiliated life insurance companies offer MoneyGuard(R) Reserve, a hybrid product that is the best of both worlds for retirees worried about losing their initial premium. MoneyGuard(R) Reserve is a universal life insurance policy with a linked long-term care benefit. Doris, a 65-year-old non-smoking woman, is a perfect example of how MoneyGuard(R) Reserve works: -- Doris has $300,000 in her "rainy day" fund set aside to pay for long-term care. If Doris moves $100,000 into MoneyGuard(R) Reserve, if never used, her total death benefit would be $166,406. -- If Doris decides she wants her money back, a check for her $100,000 payment will be returned, no questions asked. -- If Doris does need long-term care, she will receive up to $83,203 a year for six years providing her with a total of $499,218 in long-term care benefits, that's nearly 500% of her original premium payment. Who: Interview opportunities are available with the following Lincoln Financial experts to discuss the protection solutions and benefits of hybrid/ linked benefits products. -- Mark Doherty, a hybrid/linked-benefit product specialist, is available to discuss in-depth product details -- Duane Bernt, Director of the Lincoln Retirement(TM) Institute, is available to speak about key challenges to your retirement income security and overall retirement trends. -- Financial advisors, affiliated with Lincoln Financial Network, are available across the country to discuss long-term care trends in greater detail. When: Long-Term Care Planning Month October 2007 MoneyGuard(R) Reserve is issued by The Lincoln National Life Insurance Company, Fort Wayne, IN., on Policy Form LN850 (8/05) and Convalescent Care Benefits Rider (CCBR) on Rider Form LR851 (8/05). The Lincoln National Life Insurance Company is not authorized, nor does it solicit business in the state of New York. Contractual obligations are backed by the claims-paying ability of The Lincoln National Life Insurance Company. For policies sold in New York, MoneyGuard Reserve is issued by Lincoln Life & Annuity Company of New York, Syracuse, NY on Policy Form LN850 (8/05) with a Convalescent Care Benefits Rider (CCBR) on Rider Form LR851 (8/05). Contractual obligations are backed by the claims-paying ability of Lincoln Life & Annuity Company of New York. Products and features, including benefits, exclusions, limitations, terms, and definitions, may vary by state. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. (1) Department of Health and Human Services http://www.newscom.com/cgi-bin/prnh/20050830/LFLOGODATASOURCE: Lincoln Financial Group CONTACT: Heidi St. Jean of Lincoln Financial Group, +1-860-466-1759; or Amy Garber of Tierney Communications, +1-215-790-4353 Web site: http://www.lfg.com/

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