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Banner Life
AF

The history of Banner Life Insurance Company is 60 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, their name was changed to Banner Life, signifying their 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 more than 45 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.  At Banner Life, they take their financial promises seriously. They also promise to treat their customers fairly and to apply ethical standards to every business transaction. They believe in offering low-cost, innovative products and responsive service. Their goal is to build lasting, mutually beneficial partnerships.

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Address

Banner Life Insurance Company
1701 Research Boulevard
Rockville, Maryland 20850
1-800-638-8428
1-301-279-4800

Ratings

A.M. Best Ratings:  A+ (Superior)
Standard & Poor’s Rating: AA- (Very Strong)

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