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Is banner life insurance a good company?

Banner Life Insurance has a 50-year track record of providing term and universal life insurance policies to residents of the U.S. It receives solid reviews from customers and financial stability analysts and offers some of the longest coverage lengths and highest coverage amounts of any provider in the industry.

How much does banner life insurance cost?

Banner Life's advertised rates are some of the most competitive among insurance providers; the estimated cost of purchasing $250,000 in coverage for a 25-year-old non smoking male in excellent health is: The annual cost of a child life insurance rider from Banner Life is $27.50 for $5,000 in coverage or $55.00 for $10,000 in coverage.

What type of life insurance does banner offer?

Banner also offers universal life insurance, which is a type of permanent coverage designed to stay with you until death. Term life insurance: Banner’s term life insurance policies can be purchased with terms up to 40 years, making it potentially a good choice if your insurance needs extend well into the future.

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