William Penn Life Insurance Company of New York has been in business for more than 45 years. In 1989 William Penn was purchased by Legal & General Group Plc as wholly owned subsidiary of Banner Life Insurance Company.  As of today, it stands as one of Legal & General America companies.   Most of William Penn Life insurance products are sold in New York only, through Independent insurance agencies.

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