(LNC) Lincoln National - Ratings and Ratios

Lincoln National Corporation (NYSE: Linc) is a well-established player in the U.S. insurance and retirement solutions space, operating since 1905. The company is structured into four core segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services.

The Life Insurance segment offers a diverse range of products, including term life, universal life (UL), indexed universal life, and variable universal life policies. These products are designed to cater to different risk tolerances and investment preferences, providing flexibility in premium payments and death benefits. The segment also includes innovative offerings like linked-benefit UL and VUL products, which combine life insurance with long-term care benefits, as well as critical illness riders.

The Annuities segment provides a spectrum of annuity products, including variable, fixed, and registered index-linked options. These offerings are tailored to help individuals manage retirement income risk, providing predictable cash flows and growth potential depending on market performance. The fixed annuities, for instance, offer a guaranteed rate of return, while variable and index-linked annuities tie returns to market performance, appealing to those seeking higher growth potential.

The Group Protection segment focuses on employer-sponsored insurance products, including short- and long-term disability coverage, statutory disability benefits, and absence management services. The company also offers paid family medical leave administration, term life insurance, dental, vision, accident, critical illness, and hospital indemnity benefits. These products are distributed through various employer-paid and employee-paid plans, making them accessible to a broad range of workplaces.

The Retirement Plan Services segment specializes in defined contribution retirement plans, offering a variety of products such as individual and group variable annuities, group fixed annuities, and mutual fund-based programs. Beyond product offerings, the segment provides essential plan services, including recordkeeping, compliance testing, participant education, and trust and custodial services. This comprehensive approach helps employers build and manage retirement plans effectively.

Lincoln Financial distributes its products through a network of financial advisors, brokers, planners, agents, third-party administrators, and other intermediaries. This extensive distribution network ensures that the companys offerings reach a wide audience, from individual consumers to large employers. Headquartered in Radnor, Pennsylvania, Lincoln National Corporation has built a reputation for stability and innovation in the insurance and retirement space. For more information, visit their website at https://www.lincolnfinancial.com.