How to Cancel Lincoln Life Insurance: Step-by-Step (2025)
You can learn how to cancel Lincoln life insurance in under five minutes. Lincoln life insurance policy cancelation is generally handled over the phone, but you may be able to cancel by mail as well. Although Lincoln is a good life insurance company, there are other options to consider if you're planning to cancel.
Free Life Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Schimri Yoyo
Licensed Agent & Financial Advisor
Schimri Yoyo is a financial advisor with active life and health insurance licenses in seven states and over 20 years of experience. During his career, he has held roles at Foresters Financial, Strayer University, Minnesota Life, Securian Financial Services, Delaware Valley Advisors, Bridgemark Wealth Management, and Fidelity. Schimri is an educator eager to assist individuals and families in ...
Licensed Agent & Financial Advisor
UPDATED: Nov 4, 2024
It’s all about you. We want to help you make the right life insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.
UPDATED: Nov 4, 2024
It’s all about you. We want to help you make the right life insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- You can start Lincoln life insurance cancellation by phone
- Compare multiple types of life insurance to get a reliable policy
- The Lincoln National Life Insurance Company is often confused with Lincoln Heritage
Do you want to know how to cancel Lincoln life insurance? Lincoln life insurance policies can canceled in less than ten minutes.
If you’re not sure how to get your Lincoln life insurance policy canceled, we can help. We’ll cover the steps you need to take and what to expect when you cancel.
Read on for the step-by-step process of canceling Lincoln life insurance. Also, learn why you should compare term life insurance quotes from other companies.
Check out our Lincoln Financial Group review if you want to get one more look at The Lincoln National Life Insurance Company. But if you want to get right to canceling your policy, keep reading..
We’ll help you cancel your Lincoln life insurance. But before you do, use our free comparison tool above to compare life insurance quotes from companies near you.
How do you cancel Lincoln life insurance?
The Lincoln Financial Group doesn’t have much information on its website about cancelation. Therefore, you’ll have to contact the Lincoln life insurance department for a cancellation request.
Follow this step-by-step guide to learn how to cancel life insurance at the Lincoln National Life Insurance Company.
- Step #1 – Call Lincoln Financial Group at 1-877-275-5462
- Step #2 – Provide your name, address, policy number, and other personal information
- Step #3 – Tell the Lincoln representative that you want to cancel your policy
- Step #4 – Set a cancellation date or cancel immediately
- Step #5 – If you paid any money during the free-look period, ask for a refund
Lincoln life insurance customer service is available Monday through Friday, 8:00 a.m. to 6:00 p.m.
It may take a few weeks for your cancellation to finalize. In the meantime, start shopping for a new life insurance policy.
Can you cancel Lincoln life insurance online?
The Lincoln Financial Group doesn’t specify whether you can cancel online or not. It’s uncommon for life insurance companies to allow online cancelations.
Although Lincoln Financial answers questions through email, you may not be able to request a cancellation by email.
Can you cancel Lincoln life insurance by mail?
Whether you cancel Lincoln Financial Group’s life insurance policies through the mail is not clear.
However, sending a letter by mail stating that you want to cancel your life insurance is a conventional way to cancel your insurance policy.
If you’re allowed to send cancellations by mail, send your requests to this address:
Lincoln National Corporation
150 North Radnor-Chester Road
Radnor, PA 19087
Contact Lincoln’s toll-free number at 1-877-275-5462 and ask if you can send your request by express mail.
When can you cancel Lincoln life insurance?
You can cancel your Lincoln life insurance any time you want. However, we recommend that you cancel your policy within the free-look period.
The free-look period can last up to 30 days. You can receive a refund if you cancel during the free-look period, and you can avoid cancellation fees.
Your one-stop online guide for life insurance quotes. Get free quotes now!
Secured with SHA-256 Encryption
Will I receive a refund after canceling Lincoln life insurance?
It depends on the type of policy and when you cancel. In most cases, you don’t get any refund on premiums.
However, if you cancel within the free-look period, you’ll get any money you have paid back. After that, there is generally no refund.
You can get some money back from a Lincoln life insurance policy if you have a permanent life insurance policy. This is because permanent life insurance plans, like whole life insurance, have cash value.
Although you won’t accumulate much in the first couple of years, you’ll receive some money back when you cancel your permanent life insurance policy.
What life insurance companies compete with the Lincoln National Life Insurance Company?
The Lincoln Financial Group provides life insurance, long-term care insurance, annuities, disability insurance, retirement plans, and employee benefits.
If you’re looking for term life insurance, shop around with the top life insurance companies in the United States.
Here’s a table of the best life insurance companies in the nation.
A.M. Best Ratings and Average Term Life Insurance Rates by Company| Companies | Average Term Life Insurance Rates | A.M. Best Ratings |
|---|---|---|
| Allstate | $15 | A+ |
| Banner Life | $9 | A+ |
| Guardian Life | $10 | A++ |
| Haven Life | $11 | A++ |
| John Hancock | $11 | A+ |
| Liberty Mutual | $19 | A |
| MassMutual | $10 | A++ |
| MetLife | $9 | A+ |
| Mutual of Omaha | $12 | A+ |
| Nationwide | $13 | A+ |
| New York Life | $11 | A++ |
| Principal | $9 | A+ |
| Protective | $9 | A+ |
| Prudential | $16 | A+ |
| State Farm | $15 | A++ |
| USAA | $12 | A++ |
Read more: Lincoln Heritage Life Insurance Company Review
MetLife and Banner Life are two of the cheapest life insurance companies in the United States.
MetLife was known as the highest-ranking life insurance company in 2020. However, companies like State Farm and New York Life have better A.M. Best ratings.
How do I switch life insurance policies?
Switching life insurance companies occur when you cancel with one company and buy a life insurance policy at another company.
Under specific circumstances, you can move a permanent life insurance policy to another company and move your surrender cash value to the new policy.
Why should I cancel my Lincoln life insurance policy?
If you’re having trouble deciding whether to cancel your Lincoln Financial life insurance policy, we’ll show you several reasons why you should cancel.
- You can’t get better Lincoln life insurance quotes
- Lincoln life insurance rates are too expensive
- There aren’t enough benefits
- You need to file a Lincoln life insurance claim
Everyone has various reasons why they want to cancel. Your reasons may be different from ours and other customers.
It takes a few weeks for cancellations to go through, so you can always change your mind.
Your one-stop online guide for life insurance quotes. Get free quotes now!
Secured with SHA-256 Encryption
How to Cancel Lincoln Life Insurance: The Bottom Line
The best way to cancel Lincoln life insurance is by calling the company’s customer service center and requesting to cancel your policy.
Lincoln Financial does have a website where you can manage your policy, but it’s not clear whether you can cancel online.
But now that you know how to cancel Lincoln life insurance by phone enter your ZIP code in the free online quote tool to compare multiple insurance companies in your area.
Frequently Asked Questions: How to Cancel Lincoln Life Insurance
Do you want to know more about Lincoln life insurance? Read the answers to these questions below to learn more.
#1 – What life insurance companies are mistaken for Lincoln National Life Insurance Company?
Lincoln Financial Group (Lincoln National Life Insurance Company) is often mistaken for Lincoln Heritage, Lincoln Benefit, and Family Heritage. Non of these are related to Lincoln Financial Group.
#2 – How do you cancel Lincoln Heritage life insurance?
If you want to know how to cancel Lincoln Heritage life insurance, contact the Lincoln Heritage insurance phone number at 1-800-438-7180 to find out more.
#3 – How do you cancel Lincoln Benefit life insurance?
Learning how to cancel Lincoln Benefit life insurance is simple. Call Lincoln Benefit’s insurance phone number at 1-844-768-6780 or 1-844-768-6777 and let them know you want to cancel your insurance policy.
#4 – How do you cancel Family Heritage life insurance?
If you’re not sure how to cancel Family Heritage insurance, contact the Family Heritage insurance phone number at 440-922-5222 for more details.
Your one-stop online guide for life insurance quotes. Get free quotes now!
Secured with SHA-256 Encryption
Schimri Yoyo
Licensed Agent & Financial Advisor
Schimri Yoyo is a financial advisor with active life and health insurance licenses in seven states and over 20 years of experience. During his career, he has held roles at Foresters Financial, Strayer University, Minnesota Life, Securian Financial Services, Delaware Valley Advisors, Bridgemark Wealth Management, and Fidelity. Schimri is an educator eager to assist individuals and families in ...
Licensed Agent & Financial Advisor
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.