Lincoln National Life Insurance Company

Lincoln Finance

Lincoln National Life Insurance Company was founded in 1905 in Fort Wayne, Indiana. The company is named after Abraham Lincoln, and Lincoln’s son Robert Todd Lincoln gave the company permission to use the name and Abraham Lincoln’s likeness, which is still part of the company’s logo. Today, Lincoln Financial Group provides insurance and financial planning services to individuals and employers.

Duration and Authority

If you buy a life insurance policy, you can convert it to universal life insurance without any medical examination or extra cost. To begin the application process, you must contact a financial advisor at Lincoln. Those looking to buy a whole-life policy will have to go elsewhere as the insurer does not offer it.


There are two types of life insurance and 10 types of universal life insurance. Some of these include long-term insurance as well as diversification and universal life insurance.


Life Insurance Company

Term life insurance starts at $100,000 or $250,000, depending on which policy you choose. For international life, some have no maximum coverage (best to check with your agent), while others have maximum coverage starting at $100,000 or up to $500,000.

Payment Options: Contracts are for 10, 15, 20, or 30 years. Many laws around the world limit the applicant’s case starting at the age of 80.

Bottom line:

Lincoln Financial offers flexible policies with minimal down payments and even a medical exam waiver option for some applicants. Entrants can modify their rights from a number of optional riders. The insurer does not offer whole life insurance, which may be a disadvantage for some.

Other features of their life insurance policies include:

  • Online applications
  • Coverage starts at $250,000 for a LifeElements Level Term policy
  • Payments range from $100,000 to $1 million for TermAccel Level policies
  • Requirements for applicants over 18 years of age
  • The age limit is up to age 80, depending on policy (subscribe to Lincoln LifeElements if you live in New York).

Universal life insurance options from Lincoln Financial

life insurance

Lincoln Financial offers a variety of international health insurance products, including:

  • Lincoln LifeGuarantee UL (2019)
  • Lincoln LifeGuarantee SUL (2019)
  • Lincoln WealthAccumulate IUL (2020)
  • Lincoln WealthPreserve IUL (2020)
  • Lincoln VUL IB (2021)
  • Lincoln AssetEdge VUL (2020)
  • Lincoln AssetEdge Exec VUL (2020)
  • Lincoln SVUL IB (2021)
  • Lincoln MoneyGuard Market AdvantageSM
  • Lincoln MoneyGuard III

A universal life insurance policy offers flexible premiums and a variety of investment options – the options may vary depending on the policy chosen. Depending on the policy you choose, you can pay a lifetime premium or, for some long-term care, a one-time or recurring payment.

How much does Lincoln Financial Life Insurance cost?

Factors such as age, premium, gender, and type of coverage (term or permanent) affect your life insurance premium. If you decide to buy passengers or equipment, this will also affect your costs.

Lincoln Financial Life Insurance Costs for Females

Lincoln Financial $57.09 $124.66 $290.80 $896.07

Lincoln Financial Life Insurance Costs for Males

Lincoln Financial$73.71$160.78$429.10$1,383.69