American General vs Banner Life Insurance

  • 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
  • YEAR FOUNDED
    1919
  • CURRENT CEO
    James Arthur Mallon
  • AVAILABLE
    49 States
  • ADDRESS
    2929 Allen Parkway Houston, TX 77019
  • TOP AWARDS

    Business Insurance Innovation Awards 2017

    Top 100 Intership Programs 2018

    Best Places to Work for LGBTQ Equality

  • PROS
    • "Strong financial stability
    • Wide range of life policy products
    • Competitive pricing"
  • CONS
    • No 24/7 customer support.
SOURCEBannerAmerican General
JD PowerN/AN/A
BBBA+A-
AM BestA+A
Moody'sN/AA2
FitchAA-A+
Standard & PoorAA-A+
Comdex Score9483
SOURCEBannerAmerican General
Total Assets $7.3 Billion498 billion
Life Insurance in Force$658 BillionN/A
BannerAmerican General
Term life insurance Select-a-Term®
Universal life insuranceQoL Flex Term
Guaranteed Issue Whole 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+
Variable Universal Life Insurance
BannerAmerican General
APPcelerateSelect-a-Term®
OPTerm Life InsuranceQoL Flex Term
Guaranteed Issue Whole 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+
Variable Universal Life Insurance
BannerAmerican General
Disability premium waiverAccelerated Death Benefit Rider
Conversion to permanentWaiver of Premium Rider
Flexible payment scheduleDisability Income Rider
Accelerated benefit riderChild Term Rider
Term laddering riderAccidental Death Rider
Child Protection Rider
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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