Oppenheimer Funds Merging on the Total Accumulator

The Lincoln Benefit Life (LBL) TotalAccumulator variable universal life product will be affected by the following fund merger.

Fund Merger

The Board of Trustees of the Oppenheimer Variable Account Funds have approved the merger of the Oppenheimer Equity Income Fund/VA into the Oppenheimer Main Street Fund®/VA on or about a conversion date of April 28, 2017.

The Oppenheimer Equity Income Fund will no longer be offered as an investment option under the TotalAccumulator as of the conversion date. We will no longer accept new premiums for investment in or permit transfers to the Oppenheimer Equity Income Fund on or after the conversion date. In addition, on the conversion date, the Oppenheimer Main Street Fund will be added to TotalAccumulator contracts.

Customer Mailing

Letters regarding this fund change are being mailed to TotalAccumulator customers on March 28, 2017. Review the letter here for complete details.


For questions, please contact LBL’s Variable Life Customer Service Center at 844-768-6780.

Published: March 24, 2017

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