497 1 supplement.htm
Prospectus Supplement Dated November 30, 2021 for:

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY


Lincoln Life Flexible Premium Variable Life Account S

Lincoln CCVUL Elite            Lincoln Corporate Variable 4
Lincoln Corporate Variable 5   Lincoln CVUL Series III Elite
                                  Lincoln Corporate Exec VUL


LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK


LLANY SEPARATE ACCOUNT S FOR FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE

Lincoln Corporate Variable 5
Lincoln CCVUL Elite
Lincoln CVUL Series III Elite
Lincoln Corporate Variable 4


This Supplement outlines changes to the investment options under your Policy. All other provisions outlined in your prospectus, as supplemented, remain unchanged. This Supplement is for informational purposes and requires no action on your part.

The name of the following fund will be changed effective December 6, 2021. There are no changes to the fees or investment objectives. All other information about the funds can be found in the fund’s prospectus.

CURRENT FUND NAME
NEW FUND NAME
   
Wells Fargo VT Discovery Fund
Allspring VT Discovery Fund
   

The name of the following fund will be changed effective December 31, 2021. There are no changes to the fees or investment objectives. All other information about the funds can be found in the fund’s prospectus.

CURRENT FUND NAME
NEW FUND NAME
   
Goldman Sachs VIT Global Trends Allocation Fund
Goldman Sachs VIT Trend Driven Allocation Fund

Please retain this Supplement for future reference.