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Banner Life Insurance Review

Banner Life Insurance Company Overview

Customer Rating:
Rating: 2.065 Reviews Banner Life Insurance has received an average of 2.0 stars out of 5 based on 65 user reviews.

Company History:
Banner Life was chartered in 1949 under the name Government Employees Life Insurance Co. (GELICO) as part of the Government Employees Group. GELICO was rated A+ (superior) for the first time in 1976 and was acquired as a subsidiary by Legal & General Group PLC in 1981. In 1983, the company changed its name to Banner Life. Then, in 1989, the company acquired William Penn Insurance of New York and in 2010 Banner Life ranked 12th among all US companies that issued new life coverage that year. Now Banner has a..Read More

Lines of Insurance:
Life

States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Banner Life Insurance Satisfaction Survey

Overall, how satisfied are you, with Banner Life Insurance?



  1. Please select your insurance company from the following list:

  2. What insurance policy/policies do you have with this company?
    (select all that apply)
    Auto   Home   Health   Life   Other

  3. How long have you had a policy with this company?
    Less Than 1 Month
    1 to 6 Months
    6 Months to 1 Year
    1 to 3 Years
    Over 3 Years

  4. Overall, how satisfied are you, with your insurance company?
    Extremely Satisfied
    Very Satisfied
    Somewhat Satisfied
    Unsatisfied
    Very Unsatisfied

  5. How likely are you to renew your insurance policy/policies with this insurance company?
    Definitely
    Probably
    Might or Might Not
    Probably Not
    Definitely Not

  6. Would you recommend this insurance company to your friends and family?
    Definitely
    Probably
    Might or Might Not
    Probably Not
    Definitely Not

  7. Have you ever had occasion to file a claim with your company?
    YES   NO

  8. Please provide any comments about your insurance company that would be useful to other consumers.

                 


Contact Information for Banner Life Insurance

Company Contact Info:
CEO and President   James D. Atkins
3275 Bennett Creek Avenue
Frederick, MD 21704
800-638-8428

Banner Life Insurance Reviews and Customer Comments

"I have been working with an agent for over 3 months trying to get a policy with Banner - they have had my bloodwork for over 7 weeks. No response to my agent. My husband's policy was written weeks ago, but they can't even bother to be professionals and answer my AGENT about my policy."
Commented on 2015-06-15 18:48:24 EST
"Does anyone know how to get this situation handled in a timely fashion. My parents got a policy in my name when I was a baby. 54 yrs later that policy if cashed out is around 7 grand. But in those 54 yrs Ive been married three times. Since i don't have the policy in my hands I have to prove it's my policy. Any suggestions on how to get this? I can't find my birth cert and my other marriage licenses. HELP"
Commented on 2014-07-26 15:40:11 EST
"Very good company all these issues on this site are due to people messing up their own billing. All insurance companies will make you pay a lot of money if you don't pay your premiums when they are due Best price and a good company "
Commented on 2014-06-02 13:25:04 EST
"Don't buy from this company. Very poor customer service. They seem to be having financial problems and trying to save on personnel training. Customer service employees are rude and not helpful. "
Commented on 2014-04-22 10:12:44 EST
"Do not buy from them. They are not a good company. Their Customer Service Department is a joke. They are not there to help you at all. They just want the premiums but do not want to help with any claims or problems."
Commented on 2014-03-30 07:52:55 EST
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