LNC
- Lincoln National Corporation
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Overview
Company Summary
Lincoln National Corporation (LNC) is a financial services company that operates primarily in the United States. The company offers a wide range of products and solutions aimed at helping individuals and businesses plan for their financial future.
LNC operates through four main business segments:
1. Annuities: LNC provides a variety of annuity products, including fixed, indexed, and variable annuities. These products allow customers to accumulate and grow their savings while providing guaranteed income streams during retirement.
2. Life Insurance: LNC offers various types of life insurance policies, including term life, universal life, and variable universal life insurance. These products provide financial protection to individuals and their families in the event of death, disability, or other unforeseen circumstances.
3. Retirement Plan Services: LNC provides retirement plan solutions for businesses of all sizes, including 401(k) plans, pension plans, and profit-sharing plans. These services help employers and employees save for retirement and manage their investments effectively.
4. Group Protection: LNC offers group insurance products, such as disability, dental, and vision insurance, to employers. These products provide coverage and financial support to employees in the event of illness, injury, or other adverse situations.
In addition to these core business segments, LNC also provides investment management services through its subsidiary, Lincoln Investment Management. This division focuses on asset allocation and portfolio management services for individuals and institutional investors.
Overall, Lincoln National Corporation is dedicated to helping individuals and businesses meet their financial goals and safeguard their financial well-being through its diverse portfolio of insurance, annuities, retirement plans, and investment management solutions.