Lincoln Financial Group Expands Compassionate Care Services to Support Beneficiaries
August 21 2024 - 8:00AM
Business Wire
Group Life insurance beneficiaries will receive
on-demand, personalized support through a dedicated care team.
Lincoln Financial Group (NYSE: LNC) has launched new grief
support services for Group Life beneficiaries, providing care
beyond the claims process. This new service, provided by Empathy –
the comprehensive support system for the bereaved – can help
families navigate the logistical aspects of loss, including estate
settlement, executing a will and more, as well as any emotional
challenges they may be facing.
On average, it can take families more than a year to resolve
their loved one's affairs, spending 20 hours per week on these
tasks.1 Three out of four beneficiaries also struggle with
estate-related financial matters, and nearly half of beneficiaries
say their work performance was negatively affected by their
loss.2
To help make this process smoother, Lincoln now offers services
from Empathy, providing beneficiaries with on-demand, personalized
support to assist with the administrative, emotional, legal and
financial challenges that can come after losing a loved one. These
services are now automatically available to all customers who have
purchased Lincoln Group Life insurance through the workplace, and
to the beneficiaries of their policies.
“We are committed to being there for our customers and their
families, especially when they need us most,” said Heather
Deichler, Lincoln's Group Protection Head of Product and
Underwriting. “We want to help our beneficiaries resolve their
claim quickly, support them beyond the financial component, and
provide ongoing assistance through their loss. We’re proud to offer
this concierge-level service so that they can get the support they
need during these incredibly difficult times.”
Empathy’s services will be offered to beneficiaries of Group
Life policies when they make their claim. They are provided with
on-demand support and personalized plans on a variety of topics
with benefits that include:
- Dedicated care manager: A dedicated care manager who is matched
with the beneficiary to guide them through all the challenges of
loss.
- Personalized care plan: Actionable steps and clear guidance to
help get all the necessary things done, fully customized to meet
each family’s specific needs.
- Probate and estate settlement guidance: Step-by-step assistance
navigating the legal process of probate and handling the ins and
outs of settling a loved one’s estate.
- Tools and resources: Help with closing accounts, assistance
creating an obituary and supportive resources created with
world-renowned experts to help beneficiaries through the complex
process of grief.
Lincoln is committed to providing this additional layer of care
to ensure that people navigating loss can focus on the things that
matter most.
About Lincoln Financial Group Lincoln Financial Group
helps people to plan, protect and retire with confidence. As of
December 31, 2023, approximately 17 million customers trust our
guidance and solutions across four core businesses – annuities,
life insurance, group protection, and retirement plan services. As
of June 30, 2024, the company had $311 billion in end-of-period
account balances, net of reinsurance. Headquartered in Radnor, Pa.,
Lincoln Financial Group is the marketing name for Lincoln National
Corporation (NYSE: LNC) and its affiliates. Learn more at
LincolnFinancial.com.
LCN-6891538-081324
______________________________ 1Empathy Cost of Dying Report,
2022-2024 2Empathy User Survey
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Lincoln Financial Group Julianne Mattera
Julianne.Mattera@lfg.com 267-418-0346
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