American National 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
    1905
  • CURRENT CEO
    James Edward Pozzi
  • AVAILABLE
    All 50 States
  • ADDRESS
    One Moody Plaza Galveston, TX 77550
  • TOP AWARDS

    Forbes’ 2017 “Most Trustworthy Financial Companies”

  • PROS
    • CONS
      • One of the best companies for no exam life insurance
      • Cheaper premiums
      • More flexible health criteria age 61+
    SOURCEBannerAmerican National
    JD PowerN/AN/A
    BBBA+N/A
    AM BestA+A
    Moody'sN/AN/A
    FitchAA-N/A
    Standard & PoorAA-A
    Comdex Score9479
    SOURCEBannerAmerican National
    Total Assets $7.3 Billion$26 billion
    Life Insurance in Force$658 Billion $103 billion
    BannerAmerican National
    Term life insurance Xpress Plus
    Universal life insuranceSignature Guaranteed UL
    Signature IUL
    Signature Plus IUL
    Affinity 7 Whole Life
    ANICO Executive UL
    Signature Term
    Freedom Term Life Insurance
    ValueGuard Whole Life Insurance
    Legacy Whole Life Insurance
    ANICO Signature Whole Life Insurance
    ANICO Signature Plus Indexed Universal Life Insurance
    BannerAmerican National
    APPcelerateXpress Plus
    OPTerm Life InsuranceSignature Guaranteed UL
    Signature IUL
    Signature Plus IUL
    Affinity 7 Whole Life
    ANICO Executive UL
    Signature Term
    Freedom Term Life Insurance
    ValueGuard Whole Life Insurance
    Legacy Whole Life Insurance
    ANICO Signature Whole Life Insurance
    ANICO Signature Plus Indexed Universal Life Insurance
    BannerAmerican National
    Disability premium waiverDisability Income Rider
    Conversion to permanentChild Protection Rider
    Flexible payment scheduleTerminal Illness Rider
    Accelerated benefit riderAccelerated Death Benefit Rider
    Term laddering riderChronic Illness Rider
    Child Protection RiderWaiver of Premium
    Jonathan Holloway
    October 13, 2019
    John Holloway is a licensed life insurance agent and co-founder at NoExam.com
    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.