Banner Life Insurance Company

Company Name:

Banner Life Insurance Company

Company Summary:

The Banner Life Insurance Company has been servicing the country for over 50 years now. It was established in 1949 and it was then called the Government Employees Life Insurance Company. In 1981, this insurance company became a subsidiary of the Legal & General Group Plc. The name of this insurance provider was changed to Banner Life in 1983.

Since its inception, the Banner Life Insurance Company has grown to become one of the strongest and most financially stable insurance companies in the country. Found in 49 states and in the District of Columbia, this company boasts a formidable $3.5 billion for their assets, and beyond $248 billion in insurance coverage. Aside from these figures, the Banner Life Insurance Company also acquired high ratings from the top insurance company evaluators. AM Best rewarded this company with a superior rating, and S & P gave an equally high mark for the company’s top-rate performance.

Banner Life offers products which are affordable, and this has attracted many individuals into becoming policy holders of this insurance company.

Types of Life Insurance Products

Banner Life specializes in term life insurance. The Banner Life Insurance Company term life insurance policies are varied and flexible. OPTerm 10/15/20/30 – these are the different term life insurance policies that Banner Life has. Banner Life’s website provides a comprehensive guide on these policies. Because of the “life insurance, no medical” policy, interested individuals may easily own one of these insurance plans. A term life insurance quote will help one determine which premium payment and coverage period would be the best. The Banner Life Insurance Company policies may be renewable up to the person’s 95th year, and those as young as 20 can look into these policies. The minimum face value that a term life insurance policy is $100,000. To take advantage of the benefits that Banner Life offers, getting a term life insurance quote online is the first step one should take.

Company Address:

1701 Research Blvd
Rockville, Maryland 20850