The following template was prepared by the Solari Report.

[Date]

Joe Insurance Broker
Insurance Brokers, Inc.
1234 Happy Lane
City, State Zip Code

Re:   John and Mary Smith
            Insurance Carrier, Inc. Term/Whole Life/Disability/Other] Insurance Policy
            Policy No. ________________

Dear Joe:

I/We are writing to ask your advice regarding my/our insurance policy(ies) issued by [Insurance Carrier, Inc.] in light of recent financial market revelations.

In November 2022, I/we saw in The Wall Street Journal that the stock of industry leader Lincoln Financial fell by 30% in just one day. Lincoln Financial itself was downgraded from A+ to A and is on negative outlook (for possible further downgrades). See the press release below for additional details about AM Best's reasoning and future expectations.

Also note Lincoln Financial's recapitalization with 9.25% preferreds following the blow-up and some other comments in this press release: https://news.ambest.com/presscontent.aspx?refnum=32763&altsrc=2. Lincoln has had to raise additional funds to maintain its required statutory capital levels.