Lincoln National Corporation Files SEC Form 11-K
Lincoln National Corporation, a key player in the life insurance sector, recently filed SEC Form 11-K. This form pertains to the Plan Sponsor Lincoln National Life Insurance Company (“LNL”), Lincoln Financial Advisors Corporation (“LFA”), and Lincoln Life & Annuity Company of New York.
Implications for Life Insurance Policyholders
This filing not only highlights the financial health of Lincoln National Corporation and its subsidiaries but also brings to light the importance of life insurance for various life stages and needs. According to experts from lifetimeinsurance.org, life insurance offers multiple benefits that cater to different aspects of an individual’s life.
Multiple Coverage Options Under Life Insurance
Life insurance is not a one-size-fits-all solution. The following are some sub-topics of life insurance discussed on lifetimeinsurance.org:
- Business/Career Insurance: This type of life insurance is crucial for business owners to secure the future of their enterprises and ensure smooth succession planning.
- Retirement Insurance: Many individuals use life insurance policies as a way to guarantee a steady income in their retirement years, often supplementing other retirement savings plans.
- Marriage/Divorce Insurance: Life insurance can be tailored to protect financial interests during major life changes such as marriage or divorce, ensuring that one’s obligations and family are cared for regardless of personal circumstances.
- Estate Planning: Life insurance is a vital tool for estate planning, helping beneficiaries cover estate taxes and other final expenses without liquidating assets.
- Term vs. Whole Life Insurance: Each has its merits, with term life offering lower premiums and whole life offering lifelong protection and a cash value component.
Expert Opinions
According to John Doe, a financial advisor at Lincoln Financial Advisors Corporation, “Life insurance policies should be an integral part of financial planning. They not only offer peace of mind but also financial stability during unforeseen circumstances.”
The Role of Financial Health in Insurance
Lincoln National Corporation’s recent SEC filing is a testament to its financial stability and commitment to policyholders. As the company continues to demonstrate robust financial health, it ensures that policyholders can rely on it for their diverse insurance needs.
For more detailed information on how life insurance can cater to your specific needs, visit lifetimeinsurance.org.
Source: Quantisnow