Company Information

Get to know Banner Life Insurance Company

Founded in 1949, Banner Life Insurance Company is the primary insurance issuer for its parent, Legal & General America (LGA), which is a wholly-owned subsidiary of the UK-based financial services giant Legal & General Group Plc. Banner Life is a leading provider of life insurance products, primarily focusing on term life and universal life policies, which are sold through a network of independent brokers and financial advisors. The company is known for its competitive pricing and strong financial ratings, aiming to make life insurance accessible and affordable for American families.

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Financial InsurancePRIMARY
Financial Other Service

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Banner Life Insurance Company

United States

Founded in

1980 (46 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.