Lincoln National Life Insurance Company is a Fortune 500 company that provides life insurance, annuities, and other financial products to individuals and businesses in the United States. The company was founded in 1905 and is headquartered in Radnor, Pennsylvania.
Lincoln National offers a wide range of life insurance products, including term life, whole life, universal life, and variable life insurance. The company also offers a variety of annuities, including fixed annuities, indexed annuities, and variable annuities.
Lincoln National is a reputable company with a long history of providing financial security to its customers. The company is rated A+ by Standard & Poor’s and A by Moody’s.
Here are some of the pros and cons of Lincoln National Life Insurance Company:
Pros:
- Strong financial ratings
- Wide range of products
- Excellent customer service
- Convenient online tools
Cons:
- Some products can be expensive
- Sales commissions can be high
- Customer service can be slow at times
Overall, Lincoln National Life Insurance Company is a good choice for people who are looking for a reliable and reputable life insurance company. The company offers a wide range of products to meet the needs of different individuals and businesses.
Here are some of the products offered by Lincoln National Life Insurance Company:
- Term life insurance: Term life insurance is a type of life insurance that provides coverage for a specific period of time, such as 10, 20, or 30 years. If the insured person dies during the term of the policy, the death benefit will be paid to the beneficiary.
- Whole life insurance: Whole life insurance is a type of life insurance that provides coverage for the life of the insured person. The death benefit is guaranteed, and the policy builds cash value over time.
- Universal life insurance: Universal life insurance is a type of life insurance that combines the features of term life insurance and whole life insurance. The death benefit is guaranteed, and the policy builds cash value over time. However, the policyholder has more flexibility in how the cash value is invested.
- Variable life insurance: Variable life insurance is a type of life insurance that combines the features of term life insurance and mutual funds. The death benefit is guaranteed, but the cash value is invested in mutual funds. The performance of the mutual funds will affect the amount of cash value in the policy.
If you are interested in learning more about Lincoln National Life Insurance Company, you can visit their website or contact a financial advisor.
