Lincoln National (LNC) Launches Enhanced Version of AssetEdge
Zacks Investment Research | Jan 25, 2022 11:20PM ET
Lincoln National Corporation (NYSE:LNC) BHF boast a strong life insurance business and constantly undertake initiatives to boost the same.
Sun Life Financial provides life insurance through a varied range of protection and wealth products and services to individuals, businesses and institutions stretched across Canada, the United States, Asia, the U.K. and other parts of the world. SLF ramped up underwriting capabilities to minimize the need to conduct lab tests for Canada's life insurance products. In the third quarter of 2021, Sun Life Financial introduced its first High Net Worth life insurance product, expanding its footprint to an additional eight markets across the continent. In the quarter, insurance sales reported by SLF totaled $628 million, which indicates a 7.8% decline from the prior-year quarter.
Manulife Financial offers an array of life insurance products, and insurance-based wealth accumulation products across the United States. In an effort to boost digital capabilities, MFC introduced a fully underwritten term life product in the United States, empowering customers to buy life insurance coverage of up to $1 million digitally. Manulife Financial's total insurance sales slipped 4% year over year in the third quarter of 2021.
Brighthouse Financial is one of the leading providers of life insurance products in the United States via multiple independent distribution channels and marketing arrangements. BHF remains focused on ramping up new sales of life insurance products and expanding its distribution network, aiming to become a premier player in the industry. To that end, Brighthouse Financial launched Brighthouse SimplySelect, a new term life insurance product. In the third quarter, life sales soared 108% year over year.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
As one investor put it, “curing and preventing hundreds of diseases…what should that market be worth?” This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer (NYSE:SAM) Company which shot up +143.0% in little more than 9 months and NVIDIA (NASDAQ:NVDA) which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get The News You Want
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. To read this article on Zacks.com click here.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.