Banner Life Insurance Company
Address: 1701 Research Boulevard
Rockville, Maryland
20850 
Phone: (800) 638-8428 
Website: www.lgamerica.com  
S&P: AA 
* A.M. Best: A+ (Superior) 
BBB: A+
About: The 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, our 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'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 life insurance products are sold through independent life brokerage agencies in 48 states and the District of Columbia. 
Material: Company Brochure


*A.M. Best Company ratings range from A ++ (Superior) to F (In Liquidation)
Banner Life Insurance Company
Banner Life Insurance Company Omer Baron - CA

Company: Banner Life Insurance Company
Product: OPTerm
Plan: 20 Year Level Term Guaranteed

Comments:
Great! They have met and/or exceeded expectations

5
Banner Life Insurance Company Raimundo Rivera - PA

Company: Banner Life

Comments:
very detailed timely appt communicated entire process especially agent called him at different times
always accepted calls

5
Banner Life Insurance Company Abigail Scott - MA

Company: Banner Life Insurance Company
Product: OPTerm
Plan: 20 Year Level Term Guaranteed

Comments:
The experience I had was good. The underwriting process was timely and communication was good.

4
Banner Life Insurance Company Eric Boling - GA

Company: Banner Life Insurance Company
Product: OPTerm
Plan: 20 Year Level Term Guaranteed

Comments:
Very easy. The only thing would be make it faster not 5 weeks.

5
Banner Life Insurance Company Darin Myrick - AZ

Company: Banner Life Insurance Company
Product: OPTerm
Plan: 20 Year Level Term Guaranteed

Comments:
Other than the process taking longer than expected, the overall experience was good. For both my
wife's and my application, the process was delayed by the underwriter ordering doctor's reports late
in the process. If they had been ordered up front, I would have said the experience was excellent.

5
Banner Life Insurance Company Eunice Culhane - FL

Company: Banner Life Insurance Company
Product: OPTerm
Plan: 20 Year Level Term Guaranteed

Comments:
Very easy to apply for and good communication with assigned agents. Affordable prices and cheaper
than other competitive companies.

5
Banner Life Insurance Company Matthew Franklin - AL

Company: Banner Life Insurance Company
Product: OPTerm
Plan: 20 Year Level Term Guaranteed

Comments:
Generally efficient and effective.

5
Banner Life Insurance Company Karen Caygill - CA

Company: Banner Life Insurance Company
Product: OPTerm
Plan: 15 Year Level Term Guaranteed

Comments:
The process was timely and efficient in every way, from the physical to the paperwork.

5
Banner Life Insurance Company Stephen Wall - IL

Company: Banner Life Insurance Company
Product: OPTerm
Plan: 20 Year Level Term Guaranteed

Comments:
Everything went fine. I have no complaints.

5
Banner Life Insurance Company Zachary Wain - AZ

Company: Banner Life Insurance Company
Product: OPTerm
Plan: 30 Year Level Term Guaranteed

Comments:
General approval time and the paperwork was a bit long. The process was not difficult, but took a
long time to get my insurance activated. An expedited process would be an improvement

4
Banner Life Insurance Company Ahmad Badawi - OH

Company: Banner Life Insurance Company
Product: OPTerm
Plan: 10 Year Level Term Guaranteed

Comments:
very good.

5
Banner Life Insurance Company Chris Abernathy - TX

Company: Banner Life Insurance Company
Product: OPTerm
Plan: 20 Year Level Term Guaranteed

Comments:
Very good experience. Very easy to set up insurance I wanted. Rates were the most competitive.

5