-135-
                   
               LINCOLN NATIONAL CORPORATION AND SUBSIDIARIES

        EXHIBIT 23 - CONSENT OF ERNST & YOUNG, INDEPENDENT AUDITORS




CONSENT OF ERNST & YOUNG, INDEPENDENT AUDITORS



We consent to the incorporation by reference in the Registration
Statements on Forms S-3 and S-8 (Securities and Exchange Commission
Registration Numbers 33-51415, 33-51721, 33-59444, 33-52667, 33-13605,
33-4711, 33-13445, and 2-77599) of Lincoln National Corporation and in the
related Prospectuses of our report dated February 10, 1994, with respect to
the consolidated financial statements and schedules of Lincoln National
Corporation included in this Annual Report (Form 10-K) for the year ended
December 31, 1993.




                                                ERNST & YOUNG



Fort Wayne, Indiana
March 25, 1994