If you were to spread sheet quotes from life insurance companies (or have your agent do it) near the top of the list for low price premiums would likely fall a tiny insurance company owned by a massively huge British multi-national, and this tiny life insurer is typically well known for its competitive term rates; this company is the somewhat unique Banner Life Insurance Company.
Banner is a well known competitor in the term quoting game, where it competes quite well with the likes of Genworth, Ohio National, Cincinnati Life, and that other life insurance company with Massachusetts in it's name: Savings Bank Life (SBLI). But even more enjoyable to Banner is that it's one of the darlings for the term quoting world due to is wide availability to pretty much all of the large life insurance brokerage conglomerates.
You see, unlike Ohio National and Cincinnati Life, Banner–like Genworth and SBLI–focuses its marketing and distribution strategy through large brokerage channels, rather than through smaller, more localized agencies.
In fact, if you run out to Google and search for Banner, you'll find Select Quote–a huge player in the transactional term sales–ranks in Google's top 10 results for Banner Life Insurance as a keyword search term, and we're betting, they really like that. Legal & General, the large multi-national that owns Banner, is also a strong competitor for cheap term rates in the state of NY, where it's NY version of Banner: William Penn does business.
So is Banner life insurance reviews a great term choice? Let's find out.
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