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Banner Company InformationBanner Available Plans and Brochures
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| Banner Life Insurance Company is a Legal & General America company, a wholly owned subsidiary of Legal & General Group Plc |
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| Name: |
Banner Life Insurance Company |
| Address: |
1701 Research Boulevard
Rockville, MD 20850 |
| Offered by Reduce.com in: |
All states except for MT and NY |
| Year Founded: |
1949 |
| AM Best Rating: |
A+ |
| S&P Rating: |
AA |
| About Banner Life Insurance Company |
The history of Banner Life Insurance Company is more than 50 years strong. Chartered in 1949 as Government Employees Life Insurance Company (GELICO), they were acquired by Legal & General Group Plc as a wholly owned subsidiary in 1981. In 1983, the name was changed to Banner Life, signifying our flagship position with Legal & General America in the United States. Banner 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 Insurances' national presence, William Penn's nearly 40 years of agency experience and the operational synergy between the companies is a strong combination.
Banner Life Insurance Company's products are distributed through independent life insurance agents and agencies in 48 United states and the District of Columbia |
| Legal Information |
A two-year contestable and suicide provision applies in most states. Policy form #RT-97 State Approvals. |
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| "I requested quotes from many services and your rates were by far the lowest." |
M. McGuire ,
NewYork, NY |
"Wow!! Your system is easy and very effective. Keep up the wonderful service you have running. It is a huge asset to the community." |
| F. Bedford
Chicago, IL |
"The service is terrific, what a fast turnaround! You make buying life insurance simple and convenient!" |
| J. Sullivan,
Jacksonville, FL |
"This is just great and easy to understand. I was impressed with the professionalism. The service is first rate. I wouldn't hesitate to do this again." |
| C. Miller ,
Fairbanks, AK |
"I'm happy to find such good rates for California !!! Thank You !!!" |
| J. Marks,
Irvine, CA |
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OPTerm 10
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10-year term life insurance with rates guaranteed for 10 years.
View Brochure
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| OPTerm 15 |
15-year term life insurance with rates guaranteed for 15 years.
View Brochure
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| OPTerm 20 |
20-year term life insurance with rates guaranteed for 20 years.
View Brochure
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OPTerm 30
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30-year term life insurance with rates guaranteed for 30 years.
View Brochure
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| "I requested quotes from many services and your rates were by far the lowest." |
M. McGuire ,
NewYork, NY |
"Wow!! Your system is easy and very effective. Keep up the wonderful service you have running. It is a huge asset to the community." |
| F. Bedford
Chicago, IL |
"The service is terrific, what a fast turnaround! You make buying life insurance simple and convenient!" |
| J. Sullivan,
Jacksonville, FL |
"This is just great and easy to understand. I was impressed with the professionalism. The service is first rate. I wouldn't hesitate to do this again." |
| C. Miller ,
Fairbanks, AK |
"I'm happy to find such good rates for California !!! Thank You !!!" |
| J. Marks,
Irvine, CA |
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