Banner Life Insurance is a large life carrier that is highly focused on bringing competitive term life insurance products to the marketplace. They are owned by Legal and General based out of the UK and their US headquarters is in Maryland. I personally like working with Banner Life due to competitive premiums and some good underwriting niches that they have. See more information about Banner below and please visit their website for current Banner Life Ratings.
The history of Banner Life Insurance Company is over 50 years strong. Beginning in 1949 as Government Employees Life Insurance Company (GELICO), Banner Life Insurance was acquired by Legal & General Group Plc as a wholly owned subsidiary in 1981. In 1983, the name was changed to Banner Life, signifying its flagship position with Legal & General America company in the United States.
Banner life insurance company’s products are sold through independent life brokerage agencies or managing general agencies in 48 states and the District of Columbia.
Banner Life Company Financial Information
Banner Life Insurance Company
1701 Research Boulevard
Rockville, Maryland 20850