The Importance of Life Insurance in Financial Planning: Lincoln Financial Declares $0.45 Quarterly Dividend

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Lincoln Financial Declares $0.45 Quarterly Dividend, Payable February 2025

Lincoln Financial Group (NYSE:LNC) has announced a quarterly dividend of $0.45 per share, payable on February 1, 2025, to shareholders of record as of January 10, 2025. This declaration underscores Lincoln Financial’s commitment to providing value to its shareholders through consistent and reliable dividends.

The Role of Life Insurance in Financial Planning

As a leading provider of life insurance, group protection, and retirement plan services, Lincoln Financial Group emphasizes the critical benefits of life insurance in comprehensive financial planning. Life insurance policies provide not just a safety net for families but also a variety of financial solutions tailored to different life stages and needs.

Benefits of Life Insurance

Life insurance offers extensive benefits, including:

  • Financial Protection: Life insurance ensures that loved ones are financially protected in case of the policyholder’s unforeseen death.
  • Business Continuity: Business or career insurance can help cover financial gaps and maintain operations without disruption.
  • Retirement Planning: Life insurance can serve as a supplemental source of retirement income, providing additional financial security.
  • Marriage and Divorce Considerations: Life insurance can play a pivotal role during significant life events such as marriage or divorce by ensuring financial agreements are honored.

Sub-Topics Covered by LifetimeInsurance.org

LifetimeInsurance.org offers comprehensive insights on various aspects of life insurance, including:

  • Business/Career Insurance: Designed to safeguard professional interests and ensure business continuity.
  • Retirement Insurance: Addresses strategies to supplement retirement funds and ensure a comfortable retirement.
  • Marriage/Divorce Insurance: Helps manage financial responsibilities and obligations during marital transitions.
  • Whole Life Insurance: Combines a death benefit with a savings component, providing lifelong coverage.
  • Term Life Insurance: Offers coverage for a specified term, making it a cost-effective option for temporary needs.

According to financial advisor Jane Doe, “Life insurance is a cornerstone of a sound financial plan. It not only provides peace of mind but also supports various personal and professional goals over one’s lifetime.”

The quarterly dividend declaration by Lincoln Financial Group further emphasizes the importance of integrating life insurance into a broader financial strategy. For more information, visit Lincoln Financial Group’s announcement and explore the wealth of resources on lifetimeinsurance.org.

Sources: Lincoln Financial Group, LifetimeInsurance.org, StockTitan.net

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