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AIG vs Banner Life Insurance

AIG and Banner are two solid life insurance companies. Rest assured you can't make a bad choice if you have narrowed it down to AIG and Banner. See our side by side comparison below to see how these two companies stack up. We have included financial ratings, current leadership, assets, and premium in force for both AIG and Banner.
  • YEAR FOUNDED
    1919
  • CURRENT CEO
    Brian Duperreault
  • AVAILABLE
    36 States
  • ADDRESS
    American International Group, Inc. 175 Water Street New York, NY 10038
  • TOP AWARDS

    Top 50 Companies for Diversity

    Insurance Industry Innovator

    Top 100 Companies for Internship Program

  • PROS
    • Strong financial stability.
    • Strong product lineup.
    • Flexibility.
  • CONS
    • Service many not be personal.
    • Lengthy claims process.
    • Strict underwriting.
  • YEAR FOUNDED
    1949
  • CURRENT CEO
    Bernard Leigh Hickman
  • AVAILABLE
    All 50 States
  • ADDRESS
    3275 Bennett Creek Avenue Frederick, MD 21704 United States
  • TOP AWARDS

    "Best Term Assurance Provider"" at the Investment Life & Pensions Moneyfacts Awards 2017

    Communitas Award for Commitment to Corporate Social Responsibility

  • PROS
    • Flexibility of payment options and term limits for each option on the policy
    • Fast-track claims
    • Electronic application
  • CONS
    • Medical exam required.
    • Strict eligibility for preferred rates.
    • Options are very limited in scope

Compare Other Options

1st place trophy
1st

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2nd place trophy
2nd

AIG, also know as American International Group, has been in business since 1919. AIG's strong financial rating, product selection and competitive pricing earns it the #2 spot.

3rd place trophy
3rd

Banner is a subsidiary of Legal & General, and have been in business since 1836. They hold an A+ financial rating and have some of the most competitive rates. This earns them the #3 spot.

SOURCE AIG Banner
JD Power 2/5 N/A
BBB A- A+
AM Best A A+
Moody's A2 N/A
Fitch A+ AA-
Standard & Poor A+ AA-
Comdex Score 81 94
SOURCE AIG Banner
Total Assets $ 498.30 billion (2017) $7.3 Billion
Life Insurance in Force $224 Billion $658 Billion
AIG Banner
Term Life InsuranceAPPcelerate
Guaranteed Issue Whole Life InsuranceOPTerm Life Insurance
Quality of Life Insurance
Universal Life
Variable Universal Life
Accidental Death & Dismemberment
AIG Banner
Select-a-Term®APPcelerate
QoL Flex TermOPTerm Life Insurance
QoL Flex Term
QoL Guarantee Plus GUL II
QoL Value+ Protector
QoL Max Accumulator+
Secure Lifetime GUL 3®
AG Secure Survivor GUL II®
Value+ Protector
Max Accumulator+
AIG Banner
Accelerated access.Disability premium waiver
Lifestyle income.Conversion to permanent
Accidental death benefit. Flexible payment schedule
Children’s protection. Accelerated benefit rider
Waiver of premium.Term laddering rider
Terminal illness.Child Protection Rider
Jonathan Holloway
January 1, 1970
Jonathan is a licensed life insurance agent at NoExam.com that writes about insurance, personal finance, lifestyle, and sports. See our pages on term life insurance, life insurance rates and life insurance companies for more.
Disclaimer: We make every attempt to make sure our information is up to date, but since things change often it is best to double check the data. This review is an opinion. Clicking on links may result in NoExam.com being compensated.