Lincoln Financial Group and Humana Inc. announced Wednesday that they were partnering to allow Humana agents to sell Lincoln fixed index annuities. Additionally, agents will be able to offer Lincoln's MoneyGuard long-term care solution.
The new agreement is effective immediately and will affect 2,000 Humana agents. Humana's MarketPOINT agents will begin offering Lincoln New Directions, a single premium fixed index annuity, and Lincoln MoneyGuard Reserve, a universal life insurance policy with optional long-term care riders.
Anthony Brown, senior vice president for Lincoln, expressed confidence, noting the economy's affect on consumers' retirement plans.