Lincoln Financial Group
Fort Wayne, Indiana's Lincoln National Life Insurance Company was established in 1905. Lincoln's son, Robert Todd Lincoln granted the company permission to use the name and Lincoln's likeness, which is still featured in the corporate logo. The company is named after Abraham Lincoln. Today, Lincoln Financial Group provides both individuals and businesses with insurance and financial planning options.
Lincoln Financial offers a variety of term and universal insurance products that customers can customize with a variety of riders, such as long-term care, guaranteed insurability, and expedited death benefits. The conversion of a term life insurance policy to a universal life insurance policy can be done without a medical exam or additional costs. For more information or to begin the application process, get in touch with one of Lincoln's financial experts. Whole-life policies are not offered by the insurer, therefore, people who are interested in buying one must look elsewhere.
Lincoln Financial offers policies that are reasonably versatile, with varied coverage requirements and even the option for some applicants to forgo a medical test. Through a number of optional riders, applicants can tailor their insurance coverage. Whole life insurance policies are not offered by the insurer, which can be a drawback for some.
Pros:
- Term and universal policies available
- Ability to convert term policies to permanent policies
- Wide range of universal life policies
Cons:
- Online quotes are not available
- No whole life insurance policies
Founded: 1905
Revenue: US$19.230 billion (2021)
Website: https://www.lincolnfinancial.com/
U.S. News Rating: 3.9/5.0
