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Lincoln Financial enters into distribution partnership with Humana

Lincoln Financial Group, a provider of retirement-income solutions, and Kentuck-based health and supplemental benefits company Humana have formed a distribution partnership.

The partnership will enable Humana’s 2,000 agents to offer Lincoln’s fixed-indexed annuities and Lincoln MoneyGuard long-term care solution to current Humana members and non-members.

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.

According to the Lincoln, 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.