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 […]
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
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 […]