At Diversified Insurance Brokers, we help retirees and pre-retirees evaluate insurers for safety, income potential, and long-term reliability. If you’re asking, “Is Lincoln Financial a good insurance company?” the short answer is yes—Lincoln Financial Group (The Lincoln National Life Insurance Company and affiliates) is a long-established insurer known for strong financial strength, a broad product lineup, and disciplined risk management. Below we outline what matters most: ratings, product highlights (annuities, life, LTC, retirement plans), pros and cons, and who Lincoln can be a good fit for.

Company Overview & Financial Strength

Is Lincoln Financial a good insurance company?  Lincoln Financial traces its roots back over a century and operates under strict U.S. insurance regulations with required statutory reserves. The company’s scale, diversified business lines, and conservative balance sheet management support its long-term promises to policyholders.

• Financial Strength: Lincoln has historically carried strong, investment-grade ratings from major agencies (A.M. Best, S&P, Moody’s, Fitch). Tip: confirm current letter grades before purchasing, as ratings can change.
• Longevity & Reputation: A long record in annuities, life insurance, retirement plans, and group benefits adds stability and expertise.
• Scale: Broad distribution, robust risk controls, and product diversity help the company navigate market cycles.

Where Lincoln Stands Out

For retirement income planning, Lincoln offers a range of fixed and fixed indexed annuities, as well as variable annuities with optional income benefits. On the protection side, Lincoln has a strong presence in term and permanent life insurance, plus linked-benefit and long-term care solutions.

• Annuities: Fixed and fixed indexed annuities designed for principal protection and predictable accumulation; variable annuities for market exposure with optional riders.
• Life Insurance: Term, universal, and indexed universal life options for legacy planning and tax-advantaged accumulation.
• Long-Term Care / Linked Benefits: Solutions that can help fund extended care needs while preserving retirement assets.
• Retirement Plans: Recordkeeping and plan services that reinforce the brand’s retirement focus.

Estimate Potential Income From a Lincoln Annuity

Use our calculator to preview income scenarios and see how different premiums, start dates, and riders could affect guaranteed payouts.

Pros of Choosing Lincoln Financial

• Strong Financial Footing: Long-tenured, well-capitalized insurer with historically solid ratings.
• Broad Product Menu: Multiple annuity types, life insurance designs, and LTC/linked-benefit options.
• Income Flexibility: Annuity options and riders to tailor payout timing and longevity protection.
• Brand Stability: Diversified businesses help support promises through different market conditions.

Potential Cons to Weigh

• Rider Costs & Complexity: Optional benefits can add fees; features vary by product and state.
• Liquidity Limits: Surrender charges may apply to withdrawals above penalty-free amounts in early years.
• Indexed Caps/Spreads: Fixed indexed annuities trade unlimited upside for downside protection.

Who Lincoln Financial Is a Good Fit For

• Retirees seeking reliable income and principal protection within a well-known insurance brand.
• Savers who want diversified annuity choices (fixed, indexed, variable) tailored to risk tolerance.
• Families needing comprehensive protection—life insurance, LTC/linked-benefit, and estate planning support.

Example Planning Scenario

A couple in their mid-60s consolidates IRA assets into a fixed indexed annuity for downside protection and adds a lifetime income rider to cover essential expenses alongside Social Security. A separate permanent life insurance policy helps fund legacy goals and potential long-term care needs. This two-bucket approach balances guaranteed income with family protection—within a single carrier ecosystem.

Note: Features, availability, and charges vary by product and state. Always confirm current financial strength ratings and product details prior to purchase.