Does banner offer term insurance?

Policies are available to applicants up to 75 years old, which is relatively high for term coverage, and come with a terminal illness accelerated benefit rider at no additional cost. Banner's term policies are renewable. But unlike some other companies’ term policies, if you renew past the term you selected, your coverage will decrease.

Does banner have a good complaint index?

We averaged company complaint indexes over three years; Banner’s three-year average complaint index is 0.247 which means it receives fewer complaints than expected for a company of its size. Other life insurance providers, Nationwide (0.263), New York Life (0.279), and State Farm (0.295) also received fewer customer complaints than expected.

Is Banner Life a good insurance company?

Banner Life earned 4.5 stars out of 5 for overall performance. NerdWallet’s ratings are determined by our editorial team. The scoring formula takes into account consumer experience, complaint data from the National Association of Insurance Commissioners and financial strength ratings. » MORE: Best life insurance companies Term life insurance.