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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), 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. 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. Real life means keeping promises. At Banner Life, we take our financial promises seriously. Our goal is to build lasting, mutually beneficial partnerships for life.
There are a number of reliable life insurance companies, so it wouldn’t be fair to name a mere few as being the best life insurance companies. The trick is to find the best and most reliable life insurance company for you.
Decide the type of life insurance policy you want. Do you want term life insurance, which offers life insurance coverage for a certain amount of time, or do you want whole life insurance, which offers coverage for the rest of your life? The reliable life insurance company you choose needs to offer the kind of life insurance policy you want. Compile a list of life insurance companies in which you’re interested. Ask family members and friends about the life insurance companies they use, and pay attention to commercials and other advertisements. Contact your state’s insurance department to find out if the life insurance companies in which you’re interested...Banner Life Insurance Company- News
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