The Lincoln National Life Insurance Company
1300 South Clinton Street
Fort Wayne, Indiana 46802 | NAIC #65676
Lincoln Financial Group provides advice and solutions that empower people to take charge of their financial lives with confidence and optimism. Our core business areas—life insurance, annuities, retirement plan services and group protection (employee benefits)—focus on supporting, preserving and enhancing people's lifestyles and retirement outcomes.
Our parent company, Lincoln National Corporation, and its affiliates operate under the marketing name of Lincoln Financial Group. Affiliates include broker-dealer/distributor Lincoln Financial Distributors, Inc., Radnor, PA; and insurance company affiliates: The Lincoln National Life Insurance Company, Fort Wayne, IN; and Lincoln Life & Annuity Company of New York, Syracuse, NY. Affiliates are separately responsible for their own financial and contractual obligations.
The Lincoln National Life Insurance Company is one of the oldest and largest stock insurance companies in the United States. Like Abraham Lincoln, its famous namesake, Lincoln has a commitment to integrity and excellence that began the first day it opened for business in 1905. Lincoln National is licensed in 49 states, the District of Columbia, Guam, Northern Mariana Islands, Puerto Rico and the US Virgin Islands. The Lincoln National Life Insurance Company is not licensed in New York. Corporate headquarters are located at 1300 South Clinton Street, Fort Wayne, IN 46802.
Lincoln Financial Group has long been recognized for its disciplined financial and risk management. With solid industry rankings, broad distribution capabilities and a strong financial foundation, we've been helping people take charge of their futures for more than a century.
The Lincoln National Life Insurance Company is rated A+ (Superior) with A.M.Best**. Learn more about our origins, vision, and tradition of financial strength at http://www.LFG.com/FinancialStrength
*Admitted assets represent assets as reported to insurance regulators based on statutory accounting principles.
** Ratings are current as of 02/1/2017. Ratings are subject to change and do not reflect any subsequent rating agency action.
Term life insurance is the most affordable way to protect your family's financial security if something happens to you.
Men and women in excellent health in their mid 30s and 40s can buy $100,000+ of term life insurance for under a dollar a day.
You can buy term life insurance for 10, 15, 20, or 30 years — however long you need it.
In most cases, term life insurance proceeds are tax-free. Consult with your tax advisor if you have any questions.
Term life insurance is the most affordable — and flexible — Life insurance product available. Why? Because term life insurance provides a specific death benefit amount for a duration — or term — chosen by the policyholder. Once a 10-, 15-, 20-, or 30-year term is selected, the coverage and premium amounts remain the same for the life of the policy. So rather than paying a monthly premium for the rest of your life, you can simply buy coverage for however long you need it — usually until your children are grown and out of the house.
Life insurance is a personal affair. Standard formulas such as buying coverage equal to eight, nine or ten times your annual income are inadequate shortcuts. Online calculators can provide a general guide, but it doesn't make sense to say that someone with four young children should have the same amount of coverage as empty nesters with no mortgage and a substantial retirement fund. Other items to consider:
The time factor. Figure out how many years you'll need to be covered.
Final expenses. Determine the total cost of your funeral, burial and related expenses.
Mortgages and other debts. Tally your mortgage balance, car loans, student loans, and any other major expenses.
Education expenses. This calculation can be tricky because you need to consider the cost of a college education at the time your kids will enroll, as opposed to what it would cost today. Hint: It will be more expensive.
Income replacement. Once you cover funeral expenses, debts and education, you need to determine the amount of income required for your family members to sustain their current lifestyle.
A conversation with an experienced agent can provide the guidance you need.
In 1985, SelectQuote pioneered the direct marketing of term life insurance — providing unbiased price comparisons of your best rates from highly-rated term life insurance companies.
Your personal SelectQuote agent is dedicated to:
SelectQuote focuses on each client’s individual needs in order to find the policy that suits you best.
SelectQuote is America’s #1 Term life sales agency.