Banner Life Insurance Quote

Banner_Life_Legal_&_General_LogoClick Here To Get An Accurate Banner Life Quote

UPDATE:  As of 8/28/2017, Banner Life reduced their term life rates.  They are now showing up as lowest rates over 75% of the time at the annual payment mode!

Banner Life, owned by Legal & General America, is one of the best term life insurance companies in America.

Update:  As of March 2017, you can now buy up to $1,000,000 with Banner Life without a medical exam if your health is good and you meet the “no exam” criteria.  Age and amount limits are below:

Issue Ages 20-40    Face Amounts $100,000 – $1,000,000
Issue Ages 41-45    Face Amounts $100,000 – $750,000
Issue Ages 46-50    Face Amounts $100,000 – $500,000 

We place a lot of business with Banner Life and all of their major competitors, including American General/AIG, Met Life, Protective Life, Prudential, SBLI, Genworth, United of Omaha, Principal Life, Lincoln National and the list goes on and on…..

Banner Life has some of the best underwriters in the business (shout out to Debbie P. and Becky S. – you gals are awesome!) and Banner Life always needs to be considered on every case.

While Banner does offer permanent life insurance, their term life insurance product line is where they are most competitive.

Click here to email us to get an accurate Banner Life insurance quote or if you have any questions or need more information about Banner Life.

At same time we email you with the Banner Life quote, we will send you quotes for other insurance companies that may make you a better offer.

Some areas where Banner Life “shines”…..

Impaired Risk Life Insurance

Banner Life also has an unusual table rating structure which can give them an advantage over most of the competition when it comes to underwriting tougher cases.

Banner Life is never going to make the best offer on every diabetes, heart, cancer or other impaired risk case, so we’ve developed a system to ensure our clients get the absolute best rate possible every time.

Click Here To Get An Accurate Banner Life Quote

Banner Life Vs American General Life

The ongoing battle of term life supremacy between Banner Life and American General can be entertaining to watch. 

Banner reduces rates and then so does American General.   American General reduces their monthly modal factor so that their monthly rates show up a little lower than Banner’s.  Banner adds a 25 year term plan to mimic American General.

So which company’s better? 

That depends on your health history and what is most important to you. 

I’d say about 50% of the time Banner Life makes a better offer and 50% of the time American General makes a better offer.

Sometimes neither company makes best offer and a different company may be best!

American General recently improved their conversion option, so if the actual offer that both companies make is close in cost and converting from term life to permanent insurance may be important to you, then you may want to choose American General. 

Next week though, Banner may have a better conversion option in this never ending battle!

If You Want To Ladder Your Insurance

If you want to buy more than one policy at varying amounts and durations, then Banner Life will rarely be beat in this scenario.

The reason Banner is usually best in this scenario is they will only charge their $60 policy fee on one of your policies.

All life insurance companies have a policy fee built into their rates.  So most insurance companies will have their policy fee built into each policy you buy. 

Banner Life waives their policy fee on your 2nd, 3rd or any additional policies you buy from them on your own life. 

Banner Life is the only company that is doing this right now!

Click Here To Get An Accurate Banner Life Quote

Bottom Line

Banner Life Insurance Company should be considered by everyone seeking term life insurance.

Click Here to email us, call us at 1-800-380-3533 or simply click on secure link above if you’d like an accurate quote from Banner Life or if you have any questions or need any additional information. 

At the same time we will review rates available to you from other companies that may make you a better offer than Banner and we’ll send you their quotes also.

If you’d just like to check out some of Banner Life’s rates available to you, you can use the quoting tool to the right.