Life insurance is certainly a necessary. If you have financial commitments that could come to be a problem when you pass away, you should be protected. But often that’s much easier said than done. For senior citizens, final expense life insurance or guaranteed issue life insurance are strategies to get a reasonably inexpensive whole life […]
Banner Life Insurance Company
Legal & General America
3275 Bennett Creek Avenue
Frederick, Maryland 21704
Company Web: http://www.lgamerica.com
About Banner Life Insurance Company
Banner Life Insurance Company and William Penn Life Insurance Company of New York are the companies that underwrite and issue life insurance policies under the Legal & General America brand. They are in the business of providing financial protection through life insurance for families living in America from coast to coast. William Penn, and Legal & General America are financially strong, fiscally responsible and committed to business practices that will make sure we will be here when you need us most.
Who is Legal & General America?
Banner’s parent company, Legal & General Group, formed Legal & General America as a holding company in 1981, and bought Government Employees Life Insurance Company (GELICO) and its NY affiliate. The GELICO name changed to Banner in 1983. William Penn was purchased by Legal & General Group Plc as a wholly owned subsidiary of Banner Life Insurance Company in 1989. While Banner and William Penn remain the companies that underwrite and issue our policies, they go to market under a single name, Legal & General America.
Financial Strength Ratings
A.M. Best (20 ratings) A+ (2)
S&P (20 ratings) AA- (4)
Moody’s (21 ratings) N/A
Fitch (21 ratings) AA- (4)
Weiss (16 ratings) C (8)
Comdex Ranking (Percentile) 94
Ratings as of 10/20/16
Any closely held small business, like a real estate brokerage, small law firm, or other small service business, whether recently created or well established, should have a specified business continuation strategy to financially accommodate the chance of a proprietor or partner dying, entering retirement, or becoming disabled. The Buy-Sell Agreement will expressly determine how the […]
Tools for Budgeting That Create Financial Stability Spending your money blindly will only lead to trouble. Unless you’re raking it in with few to no monthly bills, tracking and managing your personal expenses is a surefire way to create financial stability. You need to be able to see how much money you have coming in […]