Lincoln National Life Insurance Company
1300 S. Clinton Street
Fort Wayne, IN
Lincoln National Life Insurance Company is a member of the Lincoln Financial Group,
the marketing name for Lincoln National Corporation and its affiliates. The ratings
below are based on Lincoln National Life's strategic affiliation with its parent
company, Lincoln National Life Insurance Company, but are not guarantees of its
An Enterprise is Born
The Lincoln National Life Insurance Company was founded in Fort Wayne, Indiana on
June 12, 1905. During a time of controversy among big, established insurers, its
33 founders envisioned an insurance company rooted in dependability and honesty.
To convey this spirit of integrity, they adopted the name of our 16th President,
Abraham Lincoln, to represent the ideals the new company was founded upon. Robert
Todd Lincoln, the President's only surviving son, gave the founders permission to
use his father's name and likeness in July 1905, solidifying the name for the new
Growth and Expansion
Within its first six years, The Lincoln National Life Insurance Company assumed
a respected position of expertise among fellow insurers and regulators. In 1911,
Lincoln Life reported $6.5 million of life insurance in force with $250,000 in premium
income and $750,000 in assets.
Through a series of acquisitions beginning in 1914 through the end of the Great
Depression, the company expanded at an amazing rate, adding more than $250 million
of insurance in force to its ledger. No other insurance company matched this expansion
during its first 50 years; from 1905 to 1955, Lincoln Life grew to become the ninth
largest life insurance company in the United States.
The company underwent the most dramatic transformation in the last 20 years. Lincoln
National Corporation realigned its business operations, divested its property casualty
and reinsurance operations, acquired Delaware Investments and added life and annuity
operations from CIGNA and Aetna. In 2006, Lincoln merged with Jefferson Pilot Financial,
solidifying the company as one of the largest, most enduring and fiscally sound
financial services organizations in the United States.
Looking Toward the Future
What started as The Lincoln National Life Insurance Company has grown and become
part of a larger organization, Lincoln National Corporation. Lincoln National Corporation
is a nationally recognized, full-service financial services enterprise under the
marketing name, Lincoln Financial Group.
Today, Lincoln Financial Group is leading the industry in redefining financial security
for its customers. Employing a strategy that goes beyond accumulation and protection
to include income and enjoyment, Lincoln provides a full suite of products and services
to help its customers achieve a common goal: retirement income security.
Lincoln National Life Insurance Company is rated:
Superior by A.M. Best Company, 2nd highest of 16 ratings for financial strength
(as of 12/18/2008)
Very Strong by Standard & Poor's, 3rd highest of 21 ratings for financial strength
(as of 12/18/2008)
Very Strong by Fitch, 3rd highest of 22 (as of 12/18/2008)
Good by Moody's, 4th highest of 21 (as of 12/18/2008)
Before the end of your level term period, or to attained age 70, whichever is earlier,
you can convert the policy to a permanent life insurance policy that Lincoln makes
available, without going through the underwriting process again. New York policyholders
will have the ability to convert until the later of the end of the 5th policy year
or to attained age 60.
For spouses, business partners/owners who submitted and paid for term insurance
together, the $75 annual policy fee will be reduced to $37.50 on the term policy.
Children's Insurance Option (Additional Cost)
Available at an additional cost, provides level term coverage for all children of
Accelerated Death Benefit
Pays out a portion of the death benefit if you were to develop a terminal illness
likely to result in death within 6 months.
Waiver of Premium Option (Additional Cost)
Available at an additional cost, waives premium payments during the disability period
of an insured who becomes totally disabled. Not available with Disability Income
Accidental Death Benefit Option (Additional Cost)