Humana, Inc. is now selling their customers more than health insurance through a partnership with Lincoln Financial Group. According to “Humana Inc. Forms Partnership with Lincoln Financial,” Henry Steelman of Annuity News Journal announces that the health insurance company will now offer customers long term care insurance and fixed indexed annuities. Pennsylvania-based Lincoln Financial and Kentucky-based Humana both have much to gain from the partnership. Humana is now able to offer their customers the whole package to plan for their financial future and Lincoln’s products will now be introduced to a wider range of consumers who may never have seen a financial planner.
Long term care insurance is more important than ever as people live longer and the cost of long term care increases dramatically year to year. Fixed indexed annuities are popular investments that combine benefits from annuities and CDs to help consumers cover basic living expenses over their entire lifetime. Those who compare health insurance from Humana will not only be able to cover their health insurance expenses, but will also be able to protect against other large costs in retirement. The MoneyGuard long term care insurance from Lincoln Financial is a popular product and is what Humana will be offering to its customers. There will be 2000 Humana agents selling Lincoln Financial’s products to their customers. Both companies hope to increase the availability of retirement products to consumers.
Tags: compare health insurance, Humana
