Lincoln Financial life insurance ratings and review 2026

Lincoln Financial is backed by strong financial ratings and high renewal confidence from its customers. It stands out for its stability, consistent service experience, and a product lineup that tends to work well for buyers.

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Lincoln Financial lands at No. 12 in our 2026 rankings with a rating of 4.35 out of 5 — a performance shaped by a strong customer experience and reliable support. Customers rate the company highly for trust and loyalty, which says a lot about how the experience holds up once the policy is in place.

Where Lincoln stands out most is its long-term dependability, as evidenced by strong trust scores, high renewal intent, and consistent results across service, policy access, and everyday interactions. While customer satisfaction is lower than that of some higher-ranked competitors, people who choose Lincoln tend to stay.

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Lincoln Financial
4.35 Insure.com Score
Ease of service
Customer Survey
NAIC
AM Best Rating
A
Effective date:
Pros and cons
Pros:
  • Lower-than-average premiums that make Lincoln a cost-friendly option for solid coverage
  • Strong loyalty and trust, meaning many policyholders feel secure staying with Lincoln for the long haul
  • Dependable policy access and everyday servicing, helping minimize hassles when managing coverage
  • A low NAIC complaint score, meaning fewer reported service issues compared to many national insurers
Cons:
  • Customer satisfaction is lower than that of many top competitors, so some buyers may feel the experience varies more day to day
  • Policy offerings score is steady but not standout, so some buyers may find broader options elsewhere

At a glance: Who Lincoln Financial is best for

A good match for:

  • People who want life insurance that’s easier to afford, since Lincoln’s premiums are almost 24% lower than the industry average
  • Shoppers who prefer a company known for consistent service and steady performance year after year
  • Buyers who want coverage from an established insurer with strong trust and renewal patterns

Why people choose Lincoln Financial:

  • Premiums are noticeably lower than many other insurers
  • Routine interactions like billing and policy updates tend to run smoothly and without headaches
  • Strong trust and loyalty from existing customers help people feel confident choosing Lincoln for long-term protection

Keep in mind:

  • Some competitors earn higher marks for customer satisfaction and more advanced digital tools
  • Younger shoppers may prefer insurers with more robust digital tools

How Lincoln Financial scores for customer satisfaction, ease of service, policy offerings, and billing

Lincoln Financial’s strengths are evident in the day-to-day aspects of owning a policy. Policyholders report smooth billing, solid ease of service, and reliable access to documents and account tools. These areas work together to create a stable experience — the kind that helps people feel confident keeping their policy over time.

Customer satisfaction is on the lower side compared with higher-ranked competitors, but Lincoln’s consistency across service-oriented categories helps offset that. The company delivers enough stability that customers may be willing to overlook some of the service’s weaker points and remain loyal.

Here’s a look at how Lincoln Financial compares to competitors:

CompanyCustomer satisfactionEase of servicePolicy offeringsBilling process
Lincoln Financial57%68%70%80%
Prudential68%76%74%95%
State Farm72%78%82%85%
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How Lincoln Financial scores for recommendations, trust, and renewals

This is where Lincoln Financial stands out most. Customers who choose it tend to keep their policies for the long term, which speaks volumes about the trust and confidence they feel once they’re on board. Such commitment demonstrates that people feel secure in the company’s financial strength and the steady service it provides year after year.

Here’s a look at how Lincoln Financial compares to competitors: 

CompanyRecommendTrustworthyRenewals
Lincoln Financial97%92%95%
Mutual of Omaha97%96%97%
Guardian Life92%92%100%
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How Lincoln Financial performs across age groups

Lincoln Financial’s experience aligns best with young adults, who often prefer a robust digital experience, and seniors, who tend to value stability and dependable long-term support. Older adult buyers rate the experience slightly lower.

Here’s a look at how Lincoln Financial compares to competitors:

Age groupSatisfaction
Young adults81% 
Adults78% 
Seniors80% 
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How much does Lincoln Financial cost?

Lincoln Financial’s average annual premium is $292, which is almost 24% less than the industry average of $382. That makes it one of the more affordable insurers in this year’s rankings.

For shoppers, that means you’re getting long-term reliability and strong trust signals at a lower-than-average price — a combination that can save you hundreds or even thousands over a 20- or 30-year policy while still giving you confidence that the company will be there when you need it.

Here’s how Lincoln compares with similar competitors:

CompanyAverage annual premium
Lincoln Financial$292
Prudential$338
New York Life$349
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What types of life insurance are offered by Lincoln Financial?

Lincoln Financial offers a flexible lineup designed to support both short-term needs and long-term planning:

Term life insurance

  • Multiple term lengths available
  • Generally designed for affordability and income-replacement needs
  • Can be converted to permanent coverage depending on eligibility

Whole life insurance

  • Lifetime protection with guaranteed premiums
  • Cash value growth over time
  • Useful for long-term financial planning and estate strategies

Universal life insurance

  • Adjustable premiums and death benefit
  • Allows for more flexibility over the life of the policy

Variable universal life insurance

  • Investment-linked cash value options
  • Higher growth potential with more risk

Riders available

  • Waiver of premium
  • Children’s term rider
  • Accidental death benefit
  • Guaranteed insurability options

States where Lincoln Financial offers coverage

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Table

States where Lincoln Financial offers coverage
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
Washington, D.C.
West Virginia
Wisconsin
Wyoming
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AL AK AZ AR CA CO CT DC DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY

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How to contact Lincoln Financial

Lincoln Financial
  • Customer service phone: 800-487-1485
  • Website: lincolnfinancial.com
  • Mailing address:
    Lincoln Financial Group
    1300 S. Clinton St.
    Fort Wayne, IN 46802
  • Hours: Monday to Friday, 8:00 a.m. to 6:00 p.m. EST

Resources & Methodology

Methodology

In 2025, Insure.com surveyed more than 2,000 insurance consumers through independent research firm Dynata. Customers named their life insurer and rated it on customer satisfaction, ease of service, policy offerings, billing, and their experience across different applicant types (seniors, middle-aged adults, young adults, people with pre-existing conditions, people who are overweight, and people who prefer no-exam coverage). We also asked whether they planned to keep their policy, would recommend their insurer, and trusted their insurer.

For insurers with enough survey responses, we added:

  • AM Best financial strength ratings, which measure a company’s ability to meet long-term obligations
  • NAIC complaint index scores, calculated using weighted complaint data based on each company’s annual written premium
  • Life insurance rate data from Compulife to assess overall pricing competitiveness, though this wasn’t included in the final score

With guidance from Prof. David Marlett, Ph.D., Managing Director of the Brantley Risk and Insurance Center at Appalachian State University, we applied the following weights to determine each company’s final score:

  • Customer survey: 60%
    • 10% customer satisfaction
    • 10% ease of service
    • 10% policy offerings
    • 10% likelihood to recommend
    • 10% likelihood to renew
    • 10% trust
  • AM Best: 25%
  • NAIC complaints: 15%

Each insurer received a rating between 0.5 and 5 stars, with 5 stars representing the highest performance.

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Nupur Gambhir
Managing Editor

 
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Nupur Gambhir is an insurance expert and managing editor of Insure.com. She specializes in life and health insurance content, and has experience as a marketing consultant.

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