Lincoln Financial Group and Humana Announce Distribution Partnership

PHILADELPHIA, Dec. 1, 2010 /PRNewswire-FirstCall/ --Lincoln Financial Group (NYSE: LNC), a leader in retirement-income solutions, and Humana Inc. (NYSE: HUM), one of the nation's largest publicly traded health and supplemental benefits companies, announced today that they have formed a distribution partnership enabling 2,000 Humana agents to offer Lincoln's fixed- indexed annuities and Lincoln MoneyGuard long-term care solution to current Humana members and non-members.

"Lincoln has a long history of successful partnerships with market leaders like Humana to address retirement income security and protection needs," said Anthony Brown, SVP Head of Business Development. "With current economic conditions, people are looking more than ever for guarantees in retirement, and Lincoln is pleased to offer these solutions through Humana," he said.

Under terms of the agreement, effective immediately, Humana will expand the suite of products offered by the company's MarketPOINT agents to include supplemental retirement solutions: Lincoln's well-regarded Lincoln New Directions^® and Lincoln MoneyGuard^® Reserve. Together, these products are designed to protect income and ensure income distribution during retirement years, as well as mitigate the potential financial impact of illness requiring long-term care.

"We are pleased to work with Lincoln Financial Group in this alliance to help people plan for their retirement," said Patrick O'Toole, Vice President of Humana's MarketPOINT organization. "Our partnership with Lincoln enables us to expand what we currently offer Humana members and non-members. We chose Lincoln as a partner because they have a long history – more than a century – of experience in providing quality life insurance and retirement solutions."

About Humana

Humana Inc., headquartered in Louisville, Kentucky, is one of the nation's largest publicly traded health and supplemental benefits companies, with approximately 10.1 million medical members and approximately 7 million specialty-benefit members.

Humana is a full-service benefits-solutions company, offering a wide array of health and supplementary benefit plans for employer groups, government programs and individuals.

Over its 49-year history, Humana has consistently seized opportunities to meet changing customer needs. Today, the company is a leader in consumer engagement, providing guidance that leads to lower costs and a better health plan experience throughout its diversified customer portfolio.

More information regarding Humana is available to investors via the Investor Relations page of the company's Web site at www.Humana.com.

About Lincoln Financial Group

Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $150 billion as of September 30, 2010. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability insurance; 401(k) and 403(b) plans; savings plans; and comprehensive financial planning and advisory services. For more information, including a copy of its most recent SEC reports containing its balance sheets, please visit www.LincolnFinancial.com.

Lincoln New Directions® fixed indexed annuities (contract form 94-523 and state variations) are issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a broker/dealer. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so. Contractual obligations are backed by the claims-paying ability of The Lincoln National Life Insurance Company.

Lincoln MoneyGuard® Reserve is issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, on Policy Form LN850 (8/05).  

For policies sold in New York, Lincoln MoneyGuard® Reserve is issued by Lincoln Life & Annuity Company of New York, Syracuse, NY, on Policy Form LN850 (8/05). Contractual obligations are backed by the claims-paying ability of Lincoln Life & Annuity Company of New York.

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SOURCE Lincoln Financial Group