LNC 📈 Lincoln National - Overview

Lincoln National Corporation is a prominent player in the US insurance and retirement landscape, operating a diverse range of businesses through its subsidiaries. The company's operations are segmented into four key areas: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. This multi-segment approach enables Lincoln National to cater to a broad spectrum of customer needs, from individual life insurance policies to comprehensive retirement plans for employers. The company's Life Insurance segment, for instance, offers an array of products, including term insurance, universal life insurance, and variable universal life insurance, as well as riders for critical illness and long-term care.

The Annuities segment is another critical component of Lincoln National's business, providing customers with a variety of annuity products, including variable, fixed, and registered index-linked annuities. These products are designed to help individuals and families achieve their long-term financial goals, such as securing a steady income stream in retirement. In addition to its individual-focused products, Lincoln National's Group Protection segment offers a range of group non-medical insurance products, including short and long-term disability, statutory disability, term life, dental and vision, and accident, critical illness, and hospital indemnity benefits. These products and services are primarily marketed to the employer marketplace, where they can be offered as part of employee benefits packages.

Lincoln National's Retirement Plan Services segment is also a significant contributor to the company's overall business, providing employers with a suite of retirement plan products and services. These include individual and group variable annuities, group fixed annuities, and mutual fund-based programs, as well as various plan services, such as plan recordkeeping, compliance testing, participant education, and trust and custodial services. By offering these services, Lincoln National helps employers create and manage effective retirement plans for their employees, which can be a key factor in attracting and retaining top talent. The company's products and services are distributed through a network of consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries, ensuring that customers have access to the guidance and support they need to make informed decisions about their insurance and retirement needs.

With a history dating back to 1905, Lincoln National Corporation has established itself as a trusted and experienced provider of insurance and retirement solutions in the US market. Headquartered in Radnor, Pennsylvania, the company has built a reputation for delivering high-quality products and services to its customers, and its commitment to innovation and customer satisfaction has enabled it to maintain a strong presence in the industry. As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol LNC, Lincoln National Corporation is subject to the highest standards of corporate governance and transparency, providing investors with a secure and reliable investment opportunity. With its diverse range of businesses and commitment to customer satisfaction, Lincoln National is well-positioned to continue delivering value to its customers, employees, and shareholders in the years to come.