497 1 fundupdate.htm FUND UPDATE
Supplement Dated February 4, 2020
To the Product Prospectuses dated May 1, 2019 for:


THE LINCOLN NATIONAL LIFE INSURANCE COMPANY


Lincoln Life Flexible Premium Variable Life Account S

Lincoln Corporate Commitment® VUL
Lincoln CVUL Series III Elite
Lincoln Corporate ExecSM VUL
Lincoln Corporate Variable 5
Lincoln Corporate Variable 4
   

LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK


LLANY Separate Account S For Flexible Premium Variable Life Insurance

Lincoln Corporate Commitment® VUL
Lincoln CVUL Series III Elite
Lincoln Corporate Variable 5
Lincoln Corporate Variable 4
   
The purpose of this supplement is to clarify certain information contained in a previous supplement dated December 18, 2019. All other provisions outlined in your prospectus remain unchanged. This Supplement is for informational purposes and requires no action on your part.


TOPS® AGGRESSIVE ETF PORTFOLIO. The name of the TOPS® Aggressive ETF Portfolio should be replaced with TOPS® Aggressive Growth ETF Portfolio. The fees and investment objective of the fund remain the same and are not impacted by this change.


Please retain this Supplement for future reference.