Banner Life Insurance!
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 subsidiary, William Penn Life Insurance Company of New York, joined the corporate group in 1989. Since then, the management for both companies has been consolidated at the senior level. Banner’s national presence, William Penn’s nearly 40 years of brokerage experience and the operational synergy between both companies is a strong combination.
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 Ratings!
While Banner Life is a member of the Legal & General Group Plc, they have taken an even greater pride in there financial and management independence. Banner Life Insurances ratings indicate that they can and will honor its commitments to their policyowners…based on its own, independent financial strength. Banner has:
An A+ (Superior) rating from A.M. Best for financial strength and operating performance, the highest of Bests 10 rating categories
An AA rating from Standard & Poor’ s for financial strength
Banner Life Insurance Company Contact Information
Banner Life’s home office is located in Rockville, Maryland, just minutes away from the nation’s capital.
Banner Life Insurance Company
1701 Research Boulevard
Rockville, Maryland 20850
My personal experience and recommendation of Banner Insurance Company is that they are an exceptional Life Insurance company. They specialize in low cost term life insurance products and can be very competitive on mild to substandard impaired risk health issues. If you are considering Banner underwrite your life insurance policy you are in no doubt good hands. Click here to learn more about Banner Life Insurance Company and other life insurance related products. If Banner Life Insurance does not meet your need please try looking at another top rated carrier that we recommend American General Life or AIG for more quotes and great rates.