0001048607 2025-07-11 2025-07-11 0001048607 ck0001048607:LVIPFranklinTempletonCoreBondFundMember 2025-07-11 2025-07-11 2025-07-11 <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.25in">At a meeting of the Board of Trustees (the “Board”) of Lincoln Variable Insurance Products Trust (the “Trust”) on June 3-4, 2025, the Board approved the appointment of Franklin Advisers, Inc. as the new sub-adviser to the LVIP Macquarie Bond Fund (the “Fund”), effective on or about August 8, 2025 (“Effective Date”). The Fund’s name will be changed as of the Effective Date, as noted below, and all references to the Fund’s name will be revised accordingly. The Fund’s investment objective, fee and average total returns will remain the same. All other information about the fund, including the principal investment strategies, can be found in the fund’s prospectus.</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"> </p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"> </p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"> </p> <table cellpadding="0" style="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; border-spacing: 0px;"> <tr style="vertical-align: top"> <td style="width: 51%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">NEW FUND NAME</span></td> <td style="width: 49%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">FORMER FUND NAME</span></td></tr> <tr style="vertical-align: top; background-color: gray"> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"> </td></tr> <tr style="vertical-align: top"> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.25in; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">LVIP Franklin Templeton Core Bond Fund</span></td> <td style="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 0.25in; text-align: center"><span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">LVIP Macquarie Bond Fund</span></td></tr> </table> <span style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">LVIP Franklin Templeton Core Bond Fund</span> LINCOLN LIFE FLEXIBLE PREMIUM VARIABLE LIFE ACCOUNT M N-6 N-6 0001048607 false