Is Banner Life insurance being sold?
Yes, Banner Life insurance policies continue to be actively underwritten, sold, and serviced, following significant corporate developments regarding its ownership structure. Legal & General Group successfully completed the sale of Legal & General America—the holding company encompassing Banner Life Insurance Company and William Penn Life Insurance Company of New York—to the Meiji Yasuda Group. Despite this major strategic acquisition by the global insurance leader, Banner Life retains its established brand identity, executive leadership focus, and commitment to maintaining its prominent market position as a top provider of term life insurance products across the United States.
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Yes, Banner Life is a completely legitimate, authorized insurance provider that has operated within the United States insurance sector for many decades.