Home » Life Insurance » Best Life Insurance Companies » Banner vs AIG
Two major players in the life insurance industry are Banner and AIG Life Insurance. We have gathered helpful data so that you can compare these two life insurance companies side by side. Our hope is that this helps you make the right choice of life insurance company. Maybe you have comparable quotes from Banner and AIG and would like to see which company is the better choice?
You can’t go wrong with either company. They both have very strong financial ratings. AIG has more products to choose from while Banner is mostly term life insurance. Compare the companies and their offerings below.
Banner vs AIG General Info
|Address||3275 Bennett Creek Avenue|
Frederick, MD 21704
PO Box 305355
Nashville, TN 37230-5355
|Current CEO||Bernard Leigh Hickman||Brian Duperreault|
Banner vs AIG Financial Ratings
|Standard & Poor||AA-||A+|
Banner vs AIG Financial Status
|Total Assets||$7.3 Billion||$498.30 Billion (2017)|
|Life Insurance In Force||$658 Billion||$224 Billion|
Banner vs AIG Products Offered
|Types of Life Insurance||Term life insurance|
Universal life insurance
|Term Life Insurance
Whole Life Insurance
Quality of Life Insurance
Variable Universal Life
Accidental Death & Dismemberment
|Products Offered||OP Term|
Life Step UL
QoL Flex Term
QoL Flex Term
QoL Guarantee Plus GUL II
QoL Value+ Protector
QoL Max Accumulator+
Secure Lifetime GUL 3®
AG Secure Survivor GUL II®
|Riders Available||"Disability premium waiver. |
Conversion to permanent.
Flexible payment schedule.
Accelerated benefit rider.
Term laddering rider.
Child Protection Rider"
Accidental death benefit.
Waiver of premium.
Banner vs AIG Overall
|Top Awards||Best Term Assurance Provider at the Investment Life & Pensions |
Moneyfacts Awards 2017
Communitas Award for Commitment to Corporate Social Responsibility
|Top 50 Companies for Diversity
Insurance Industry Innovator
Top 100 Companies for Internship Program
|Pro's||Flexibility of payment options and term limits for each option on the policy|
|Strong financial stability.
Strong product lineup.
|Con's||Medical exam required. |
Strict eligibility for preferred rates.
Options are very limited in scope
|Service many not be personal.
Lengthy claims process.
Disclaimer: We make every attempt to make sure our information is up to date, but since thing change often it is best to double check the data. This review is an opinion.
Banner Life Insurance vs AIG Life Insurance by Jonathan Holloway