Lincoln Financial Group has launched its Lincoln MoneyGuard Reserve Plus solution, an enhanced version of a linked-benefit product issued by Lincoln National Life Insurance Company of Indiana.

The insurer said that the Lincoln MoneyGuard Reserve offers optional benefits for a variety of long-term care (LTC) services including nursing home care, home health care, assisted living and adult day care.

Under new product enhancements, Lincoln MoneyGuard Reserve Plus will now feature no deductible period or elimination period for all covered benefits and international benefits extended to help cover long-term care expenses incurred outside of the US.

Lincoln MoneyGuard Reserve Plus is a linked-benefit solution providing long-term care coverage, while eliminating the ‘use it or lose it’ risk. Lincoln MoneyGuard Reserve Plus also offers a lifetime money-back guarantee feature.

Lincoln Financial Group life product management senior vice president Michael Burns said that the enhancements available through Lincoln MoneyGuard Reserve Plus are a direct result of Lincoln’s unique industry knowledge and more than 20 years in the linked-benefits space.