Lincoln The Latest Carrier To Pull Life Products From New York

July 27, 2021 by Steven A. Morelli

Lincoln Financial is the latest company pulling insurance products out of New York.

Lincoln is exiting because of its electronic signature process does not comply with the state’s requirements, according to the company’s statement.

“Recently, as part of a review of its electronic signature processes, Lincoln Life & Annuity Company of New York (Lincoln) became aware that the application currently used for its life insurance products sold in New York, does not comply with New York’s requirements for use with electronic processes and platforms,” according to the statement. 

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Originally Posted at InsuranceNewsNet on July 21, 2021 by Steven A. Morelli.