888.407.0714

Assurity vs Banner Life Insurance

Assurity and Banner are two solid life insurance companies. Rest assured you can't make a bad choice if you have narrowed it down to Assurity 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 Assurity and Banner.
  • YEAR FOUNDED
    1890
  • CURRENT CEO
    Thomas E. Henning
  • AVAILABLE
    All 50 States
  • ADDRESS
    Assurity Life Insurance Company 2000 Q Street Lincoln, NE 68503
  • TOP AWARDS

    Best Places to Work Award

    Tabitha’s Courageous Vision Award

    Top 10 United Way/Community Health Charities Campaign Supporters

  • PROS
    • Assurity is a mutual company, meaning the company answers to the policyholders and not to investors or stockholders.
    • Ranks highly among the top 10 “No Medical Exam Life Insurance” companies
    • Wide array of products to choose from
  • CONS
    • The policies are relatively expensive
  • 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

Health IQ is a unique life insurance brokerage that gets you special rates if you live an active lifestyle. If you exercise a few times per week, you can qualify for lower rates. Click below to get an accurate quote.

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 Assurity Banner
JD Power N/A N/A
BBB A+ A+
AM Best A- A+
Moody's N/A N/A
Fitch N/A AA-
Standard & Poor N/A AA-
Comdex Score N/A 94
SOURCE Assurity Banner
Total Assets $2.6 Billion $7.3 Billion
Life Insurance in Force $17.2 Billion $658 Billion
Assurity Banner
Whole LifeAPPcelerate
Term LifeOPTerm Life Insurance
Universal Life
Accidental Death Benefit Insurance
Assurity Banner
Assurity Whole Life Insurance (Whole Life Insurance, Joint Whole Life Insurance, Single Premium Whole Life Insurance, Simplified Whole Life Insurance)APPcelerate
Assurity LifeScape NonMed Term 350OPTerm Life Insurance
Assurity LifeScape Whole Life Insurance
Assurity LifeScape Term 350 Plus
Assurity LifeScape Acci-Flex Accidental Death Benefit Insurance
Assurity Universal Life
Assurity Banner
Other Insured RiderDisability premium waiver
Waiver of Premium RiderConversion to permanent
Monthly Disability Income RiderFlexible payment schedule
Accident-Only Disability Income Rider Accelerated benefit rider
Critical Illness Rider Term laddering rider
Children’s Term Insurance RiderChild Protection Rider
Return of Premium 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.