Lincoln Life Operations October 21

Only Registered
Representatives can sell variable products.

Lincoln life insurance
policies are issued by The Lincoln National Life Insurance Company, Fort
Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a
broker-dealer. The Lincoln National Life Insurance Company does not
solicit business in the state of New York, nor is it authorized to do so.

Policies sold in New
York are issued by Lincoln Life & Annuity Company of New York, Syracuse,
NY, and distributed by Lincoln Financial Distributors, Inc., a
broker-dealer.

All guarantees and
benefits of the insurance policy are subject to the claims-paying ability
of the issuing insurance company. They are not backed by
the broker-dealer and/or insurance agency selling the policy, or any
affiliates of those entities other than the issuing company affiliates,
and none makes any representations or guarantees regarding the
claims-paying ability of the issuer.

Products, riders and features are subject to state availability.
Limitations and exclusions may apply. Check state availability.

Variable products are sold by prospectus, which contains the investment
objectives, risks, and charges and expenses of the variable product and
its underlying investment options. Read carefully.

Variable products: Policy values will fluctuate and
are subject to market risk and to possible loss of principal. Products and
features are subject to state availability. Limitations and exclusions may
apply.

Lincoln Financial Group
is the marketing name for Lincoln National Corporation and its affiliates.

Affiliates are
separately responsible for their own financial and contractual
obligations.

LCN1310-750409 LIF-GEN-12-0028_LIF-OPS-eNL001_Z01

150 N. Radnor-Chester
Road

Radnor, PA 19087

877-ASK-LINCOLN

877-275-5462

©2012 Lincoln National
Corporation