RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial Group (NYSE: LNC) today launched a new video that strives to help women maximize benefits offered through the workplace, thereby increasing their overall sense of financial security. Diane Russell, vice president, Employee Benefits for Lincoln Financial shares a few key considerations in the interview clip, noting that the company’s Special Report: M.O.O.D. of America on Employee Benefits found that one in three employed women worry about getting sick or hurt and losing their ability to earn money, yet only 27 percent know very much about disability insurance.
“Our data found that men tend to be more comfortable than women when it comes to workplace benefits, highlighting the need to connect with women on this important issue,” said Russell. “We’re all facing the unknown – sudden or unexpected issues, most notably with our health, could gravely affect our income and savings. The good news is that many employers are offering benefits that can help safeguard us financially. We just need to take the time to learn more about these products, and how we can take advantage of them.”
In the video, Russell discusses the following considerations:
- Review Your Resources. Look at the benefits you have access to at work, beyond health insurance. This is one of the easiest things you can do to help build that security for your financial future – and it typically will cost you very little, if anything at all.
- Look Into Disability Insurance. Disability insurance is essentially “income insurance.” It supplements your paycheck if you’re unable to work for an extended period of time because of an illness or injury.
- Take it One Step at a Time. Commit to making one small change each year. You can avoid feeling overwhelmed if you focus on completely understanding one benefit at a time.
The video is the third and final installment of the company’s women and personal finance interview series launched in mid-April. The first interview featured financial planning tips from one of its award-winning advisors; the second clip highlighted Jamie Ohl, president of Retirement Plan Services, discussing boosting financial security in retirement. Additional financial planning information focused on women is available on Lincoln Financial’s website at www.lincolnfinancial.com/women.
About the Special Report: M.O.O.D. of America on Employee Benefits
Results for the Special Report: M.O.O.D. of America on Employee Benefits are based on a national survey of employees conducted by Whitman Insight Strategies (WINS) on behalf of Lincoln Financial Group. The research was conducted in early February 2015 among 933 employed adults ages 22-69. Data shown in this report is weighted to reflect the proportion of U.S. employees by gender, age, region, race and ethnicity based on data from the Bureau of Labor Statistics and the U.S. Census Bureau. The margin of error is +/- 3.1% at the 95% confidence interval for the entire sample.
About Lincoln Financial Group
Lincoln Financial Group provides advice and solutions that help empower Americans to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $220 billion in assets under management as of March 31, 2016. Learn more at: www.LincolnFinancial.com. Find us on Facebook, Twitter, LinkedIn and YouTube. To sign up for email alerts, please visit our Newsroom at http://newsroom.lfg.com.