Life Insurance Company - Life Insurance
is better at the Banner Life Insurance Company
matter how careful you are, or how much you think ahead, life
is often unpredictable. That's what life insurance is for.
Planning for what you can't predict ... life's little surprises.
What you can count on is the performance and strength of your
insurance company. Banner Life Insurance Company make it their
business to prepare for the unexpected so that you can get
the most out of life.
more information on Banner Life, their history, their financial
strength and their ratings by independent industry analysts,
Banner Life history spans a lifetime
history of Banner Life Insurance Company is more than 50 years
strong. Chartered in 1949 as Government Employees Life Insurance
Company (GELICO), we were acquired by Legal & General Group
Plc as a wholly owned subsidiary in 1981. In 1983, their name
was changed to Banner Life, signifying their flagship position
with Legal & General America in the United States.
Life's subsidiary, William Penn Life Insurance Company of
New York, joined the corporate group in 1989. Since that time,
management for both companies has been consolidated at the
senior level. Banner Life's national presence, William Penn's
nearly 40 years of brokerage experience and the operational
synergy between both companies is a strong combination.
Banner's individual life insurance products are sold through
independent insurance agencies in 48 states and the District
Real life means keeping promises
Banner Life, they take their financial promises seriously.
They also promise to treat their customers fairly and to apply
ethical standards to every business transaction. Banner Life
believe in offering low-cost, innovative products and responsive
service. Their goal is to build lasting, mutually beneficial
partnerships for life.
Banner Life ratings speak for themselves
While Banner Life are proud to be a member of the Legal &
General worldwide organization, they take an even greater
pride in their financial and management independence. Their
ratings are not a reflection of, nor are they dependent upon,
explicit support from their ultimate parent company. Their
ratings indicate that Banner can and will honor its commitments
to policyowners...based on its own, independent financial
strength. Banner has:
An A+ (Superior) rating from A.M. Best for financial strength
and operating performance
An A2 rating from Moody's Investors Service for overall
Banner's life insurance products are sold through independent
life brokerage agencies in 48 states and the District of Columbia
life brokerage agencies are commonly defined like this: They
represent many life insurance companies, they are not owned
or controlled by a life insurance company, and their primary
business is the sale of life insurance through agents or brokers
who sell directly to the consumer and who are not under the
control of the agency. Banner Life believe these are all
important safeguards for their customers.
Banner Life Headquarters
Banner Life's home office is located in Rockville, Maryland,
just minutes away from the nation's capital.