Financial Group - Life Insurance
Lincoln Financial Group Are
Financial Group 's goal is to provide you with the clear,
understandable financial solutions you need to reach your
goals. While Lincoln Financial Group are a large company,
they are not a conglomerate. Lincoln Financial Group are a
family of companies, joined in the common cause of providing
wealth accumulation and financial security for your family.
Financial Group are a leading manager and provider of annuities,
life insurance, 401(k) plans, life-health reinsurance, mutual
funds, institutional investment management and financial planning
and advisory services with $94 billion in consolidated assets
and annual consolidated revenues of $6.9 billion.
Financial Group's way of doing business has earned them a
reputation for professionalism and many of Lincoln Financial
Group's affiliated companies have a charter membership with
the Insurance Marketplace Standards Association. Lincoln Financial
Group's business practices ensure the highest standards of
market conduct and sales procedures. And their history proves
it, since Lincoln Financial Group's oldest affiliate has been
in business for more than 90 years.
note that Lincoln Financial Group (LFG) is the marketing name
for Lincoln National Corporation (LNC) and its affiliates.
Lincoln Financial Group Life Insurance Products
insurance is often purchased to replace income that potentially
can be lost with the death of a wage earner. Life insurance
policies work from the same basic idea they help protect
the financial security of your family in the event of your
untimely death. You pay the insurer "premiums" and
the insurer promises to pay your beneficiaries a death benefit
when you die. At that time, your beneficiaries receive the
death benefit in effect at the time of your death.
buy life insurance? It can help protect your beneficiaries'
home and livelihood, help replace your income and minimize
the debt load for your survivors. In addition, proceeds paid
to beneficiaries are not subject to income tax.
are generally four types of life insurance available to you:
universal life, variable universal life, whole life and term
life offers flexibility. The amount of premiums may
vary as long as the available cash value is sufficient
to cover the costs of the policy. You also can opt to
increase or decrease the amount of the death benefit while
the policy is in force (subject to underwriting approval).
universal life is designed with the flexibility of
a universal life policy together with variable investment
options. The cash value varies with performance of an
underlying portfolio of subaccounts. You select how to
allocate the net premium among investment options (subaccounts)
offered. Subaccount values fluctuate with market conditions.
life is traditional life insurance. Premiums are guaranteed
in the contract for the entire time the policy is in force.
You accumulate a cash value, but the insurance company
determines the interest rate credited to the cash value.
life insurance is purchased for a specific term of
years: one, five, 10 or longer. If you die during the
term, your beneficiaries receive the death benefit. But,
if you're still living when the policy expires, coverage
ends and there is no payout.
thing is true for all types of life insurance the younger
you are and the healthier you are when you purchase life insurance,
the less it will cost you to own a life insurance policy.
You should consider your life insurance needs when major events
occur in your life such as marriage, the birth of your children
or a business startup.
1500 Market St.,