Company Information

Get to know Banner Life Insurance Company (Legal & General America)

Banner Life Insurance Company, along with its affiliate William Penn Life Insurance Company of New York, are the insurance underwriting companies that comprise Legal & General America (LGA). LGA is a subsidiary of the UK-based financial services group, Legal & General Group Plc. Founded in 1949, Banner Life has a long history of providing affordable term life insurance products, which are primarily sold through independent insurance brokers. The company's mission is to provide financial security to American families through reliable and competitively priced life insurance policies.

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Financial InsurancePRIMARY
Financial Legal Service
Financial Other Service

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Banner Life Insurance Company (Legal & General America)

United States

Founded in

1836 (190 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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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.