A closer look at Lincoln Financial life insurance
Who is Lincoln Financial best for?
Lincoln Financial is an excellent option for almost anyone applying for term life insurance, but especially people who have certain health conditions. its rates are competitive for people with conditions like arthritis, some forms of cancer, heart conditions, diabetes, mental health conditions, or stroke.
What makes Lincoln Financial unique?
Lincoln Financial is our pick for the best life insurance company for people with pre-existing conditions. It's also our top pick for people with depression or people who are in remission from breast cancer, as well as our top choice for daily marijuana users seeking a life insurance policy.
Finally, Lincoln Financial earns our top recommendation for term life insurance for high-net worth individuals, thanks to coverage amounts as high as $60 million, depending on your income and assets.
Who should consider a different life insurance company?
While Lincoln Financial is our top recommendation for life insurance policies for green card holders, it has almost no options available for non-U.S. citizens who don’t have a green card.
Also, Lincoln Financial doesn’t consider unearned income for financial justification. That means assets like investments, a pension, social security income (SSI), or disability payments wouldn’t factor toward the income calculation the company uses to establish how much coverage it will offer you.
Lincoln Financial life insurance rates
The chart below shows average monthly premium prices for a 20-year term life insurance policy with $500,000 in coverage for non-smokers in a Preferred health classification; quotes are based on the Policygenius Life Insurance Price Index methodology.
Lincoln Financial average
Lincoln Financial history, reputation, and social responsibility
Lincoln Financial was founded in 1905 as Lincoln National Life Insurance Company. Its solid financial foundation quickly stood apart from the competition; of the 55 insurers founded in 1905, only 11 survived the Great Depression. At the time, Lincoln’s $1 billion of life insurance in force was more than the other 10 combined. 
In 2006, Lincoln Financial acquired the Jefferson-Pilot Corporation, expanding to offer disability, group life, and dental insurance divisions and becoming one of the largest life insurance companies in the U.S. It is headquartered in Radnor, Pennsylvania. 
Lincoln Financial is among just 8.8% of the Fortune 500 companies who have a female CEO. In fact, when Ellen G. Cooper became CEO in May 2022, Lincoln Financial became the 44th company on the list to have a female CEO, a new record. 
The company’s 2021 Corporate Social Responsibility Report details the ways in which Lincoln Financial has committed to a variety of environment, social, and governance (ESG) goals. The company’s recent accomplishments include contributing $9.5 million to nonprofit partners, reducing greenhouse gas emissions, and following a racial justice action plan that includes committing to diversity in leadership.