Those five days and we have not received your consent, you will be informed of the reasons, and the Purchase Payment will be returned immediately.
If the incomplete application cannot be completed within The initial Purchase Payment for no more than five business days unless we receive your consent to our retaining the payment until the application is completed. While attempting to finish an incomplete application, we may hold Processing your purchase order until we receive the application and initial Purchase Payment from your registered representative’s broker-dealer. If you submit your application and/or initial Purchase Payment to your registered representative, we will not begin Initial Purchase Payment will be priced no later than two business days after we receive the order. Īnd all other information necessary for processing a purchase order is received in Good Order at our Servicing Office at Lincoln Life & Annuity Company of New York, PO Box 2348, Fort Wayne, IN 46801-2348, an This estimate assumes that you do not take withdrawals from the contract, which could add surrender charges that substantially increase costs. To help you understand the cost of owning your contract, the following table shows the lowest and Because your contract is customizable, the choices you make affect how much you will pay. Optional benefits available for an additional charge (for a single optional benefit, if elected)ġ As a percentage of average Account Value in the Subaccounts.Ģ As an annualized percentage of the Protected Income Base. Investment options (fund fees and expenses) Base Contract – Account Value Death Benefitīase Contract – Guarantee of Principal Death Benefitīase Contract – Enhanced Guaranteed Minimum Death Benefit