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Banner Life Insurance Company |
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Headquarters: |
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1701 Research Blvd., Rockville, MD 20850 |
Website: |
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www.lgamerica.com |
About: |
Life is better at Banner. No matter how careful you are, or how much you think
ahead, life is often unpredictable. That´s what life insurance is for. Planning
for what you can´t predict ... life´s little surprises. What you can count on is
the performance and strength of your insurance company. We make it our business
to prepare for the unexpected so that you can get the most out of life.
At Banner Life, we take our financial promises seriously. We also promise to
treat our customers fairly and to apply ethical standards to every business
transaction. We believe in offering low-cost, innovative products and responsive
service. Our goal is to build lasting, mutually beneficial partnerships for
life. |
History: |
|
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. |
Company Rating:
|
| Agency |
Rating |
Description |
| A.M. Best |
A++ |
Excellent |
| Standard & Poor´s |
AA |
Very Strong |
| Moody´s |
A2 |
Good |
|
