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‚Äôs 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.
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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
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