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Variable Universal Life Fund Closure

June 12, 2020

The Invesco Oppenheimer VI Discovery Mid Cap Growth Fund – Series II (Sub-Account) will no longer be offered as an investment alternative in Consultant Accumulator, Consultant Protector and Consultant SL variable life products effective June 12, 2020. Any allocations to or policy value invested in this Sub-Account on the closure date will be transferred to […]

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Important Information for New Jersey Life Insurance Customers

April 30, 2020

Lincoln Benefit Life Company (LBL) cares deeply about our customers and the devastating effects the recent COVID-19 pandemic may have on you and your family. We realize these are very challenging times for you and are here to support you. Due to COVID-19 and New Jersey Bulletin 20-16, LBL is extending the grace period for […]

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Fund Changes in LBL Variable Life Products

April 30, 2020

Upcoming fund changes will affect Lincoln Benefit Life’s (LBL’s) variable life products. The following fund merger applies to: Consultant Accumulator VUL Consultant Protector VUL Consultant SL Consultant VUL Investor’s Select VUL Fund Merger   The Board of Trustees of the Invesco Funds approved the reorganization of Invesco V.I. Mid Cap Growth Fund – Series II (“Merging Sub-Account”) […]

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Sale of Lincoln Benefit Life to Kuvare US Holdings, Inc. Closes

January 13, 2020

Kuvare’s acquisition of Lincoln Benefit Life Company (LBL) closed on December 31, 2019. LBL is the third operating U.S. life insurance business acquired by Kuvare since 2016. In addition to LBL, Kuvare owns Guaranty Income Life Insurance Company, located in Baton Rouge, Louisiana, and United Life Insurance Company, located in Cedar Rapids, Iowa. Kuvare also […]

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Premium Rates Increasing on New Whole Life II Product

October 8, 2019

The current Whole Life II product is being discontinued due to new regulations going into effect January 1, 2020. A new version of the plan, Whole Life II (2019)1, which has higher premium rates, will replace the current product. In order to get the current rates, a signed term conversion application and all final delivery […]

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Fund Name Changes to Variable Life Products

May 1, 2019

Upcoming fund changes will affect Lincoln Benefit Life’s (LBL’s) variable life products. Invesco is acquiring all Oppenheimer Funds on or about May 27, 2019. As a result, the Oppenheimer fund names are changing. A list of the changes by product are included in the links below. Consultant Accumulator Consultant Protector Consultant SL Consultant VUL Investor’s […]

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Notice for Policyholders in Christian County, Illinois

December 19, 2018

In response to the significant storms that impacted Christian County, Lincoln Benefit Life Company (LBL) has implemented the following guidelines: Moratorium on cancellations and nonrenewals. For customers in the impacted areas that contact LBL, we will withdraw any cancellation or nonrenewal notice issued on or after November 23, 2018, on any in-force policy issued to an […]

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Changes to LBL’s Agent Licensing and Commissions

January 19, 2018

Lincoln Benefit Life’s agent-related services are transferring to Alliance-One Services, Inc. on January 22, 2018. These changes apply to agent maintenance, licensing and commissions. What’s Changing? Alliance-One will handle agent commissions for life insurance policies (excluding GenBuilder) sold by LBL agents, including policies that continue to be serviced at Allstate. Licensing and agent maintenance for […]

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Supplement Mailing to LBL Variable Life Customers

November 7, 2017

Lincoln Benefit Life Company (LBL) is notifying variable life contract owners of the following information. LBL Transaction On September 28, 2017, Lincoln Benefit Life Company’s direct parent, Resolution Life, Inc. changed its name to LBL HoldCo II, Inc., and Lincoln Benefit Life Company’s indirect parent, Resolution Life Holdings, Inc. changed its name to LBL HoldCo, […]

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Global Bankers Insurance Group to Acquire Lincoln Benefit Life

October 2, 2017

Resolution Life and Global Bankers Insurance Group, LLC (Global Bankers) today announced they entered into a definitive agreement for the acquisition of Lincoln Benefit Life Company by Global Bankers. The transaction is expected to close in the first quarter of 2018, subject to receipt of appropriate regulatory approvals by the Nebraska Department of Insurance and […]

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