Something quite interesting about today’s life insurance market is that very few people pay more premium for being affected by asthma. In the grand scheme of things, only the worst cases of asthma are rated sub-standard by most life insurance companies. Yes, there is affordable life insurance with asthma. When someone is shopping for life […]
William Penn Life Insurance Company of New York
100 Quentin Roosevelt Boulevard
Garden City, New York 11530
Company Web: www.lgamerica.com
About William Penn Life Insurance Company of New York
The history of William Penn Life Insurance Company of New York is more than 40 years strong. Chartered in 1962, we were acquired by Legal & General Group Plc as a wholly owned subsidiary of Banner Life Insurance Company in 1989. Today we’re one of the Legal & General America companies.
Since that time, management for both companies has been consolidated at the senior level. Banner Life’s national presence, William Penn’s four decades of brokerage experience and the operational synergy between both companies is a strong combination.
Today William Penn’s individual life insurance products are sold in New York only, through independent insurance agencies.
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- (9)
Comdex Ranking (Percentile) 94
Ratings as of 10/20/16
The Medical Information Bureau (MIB) provides a collection of private medical and non-medical (hazardous avocations, hobbies, and driving violations) data. The primary purpose of the MIB is to furnish the exchange of underwriting information between its member companies. Member companies are compelled to report a coded summary of conditions and conclusions which may be important […]
Although we grow into adults year by year, there can still be a shock to our systems when we find ourselves out of school and out of our parents’ home. Regardless of how prepared we may believe we are, complicated issues are thrown at us every day and in every manner. Yes, there is the […]