Banner Life Insurance is considered one of the best insurance companies from which to purchase life insurance. Since knowing who you are buying life insurance from is a must we put together this brief synopsis of the company and what you need to know about them.
The company was chartered in 1949 as Government Employees Life Insurance Company. Over the years the GELICO decided to sell off their life insurance division and become what we know today as GEICO. They sold the life insurance division to Legal & General Group Plc in 1981 as a wholly owned subsidiary. Legal & General is a company based in Great Britain that operates in North America, Europe, and Asia. In 1983 they changed the name to Banner Life Insurance Company and all operation are headquartered in Rockville, Maryland. This was to set this company as the flagship of the subsidiaries of Legal & General in the United States. Since that time they have come to be one of the premier life insurance companies in the United States.
Ratings for insurance companies are done on financial security and customer service. Banner Life insurance comes out as a top rated company in both regards. A.M. Best, an independent company that rates insurance companies on their financial health, gives Banner Life Insurance Company an A+ rating. This is the best rating an insurance company can get for financial health and operations of the ten rating categories that Best uses. For customer service our service gives them five out of five stars. This means they are doing everything they can to help customers and have received great rating from the customers to whom we have sold a policy through Banner Life Insurance. With such a great reputation you can see why we endorse them as one of the best insurance companies of the more than sixty for which we pull quotes.
If you already got a set of quotes and came over to this page to do a little research on the company we hope this gives you a better idea of how great of a company Banner Life Insurance is for its customers. If you have not gotten quotes just fill out the form on the side of this page. I am sure that Banner will be one of the companies toward the top of the list for your personal set of quotes. If you are still in research mode you can find information on the best life insurance companies HERE. If you have any other questions or if there is any way that we can serve you please you the contact form that can be reached through the link at the top of this page.