Banner vs Globe 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
    1951
  • CURRENT CEO
    Bill Leavell
  • AVAILABLE
    All 50 States
  • ADDRESS
    "3700 S. Stonebridge Drive McKinney, TX 75070"
  • TOP AWARDS

    N/A

  • PROS
    • No medical exam required.
    • $1 first-month premium.
    • No Waiting Period. You Buy Direct
  • CONS
    • Slow claims process.
    • Terms not readily available.
    • Riders not readily available.
SOURCEBannerGlobe
JD PowerN/AN/A
BBBA+A+
AM BestA+A+
Moody'sN/AN/A
FitchAA-N/A
Standard & PoorAA-N/A
Comdex Score94N/A
SOURCEBannerGlobe
Total Assets $7.3 BillionOver $16.7 billion
Life Insurance in Force$658 Billion$80 billion
BannerGlobe
Term life insurance Affordable Life Insurance
Universal life insuranceTerm Life Insurance
Children's Life Insurance
Whole Life Insurance
Senior Life Insurance
Family Life Insurance
No Medical Exam — Simple Application
Burial and Funeral Insurance
Life Insurance for Veterans
Final Expense Insurance
Young Family Life Insurance
BannerGlobe
APPcelerateAffordable Life Insurance
OPTerm Life InsuranceTerm Life Insurance
Children's Life Insurance
Whole Life Insurance
Senior Life Insurance
Family Life Insurance
No Medical Exam — Simple Application
Burial and Funeral Insurance
Life Insurance for Veterans
Final Expense Insurance
Young Family Life Insurance
BannerGlobe
Disability premium waiverN/A
Conversion to permanent
Flexible payment schedule
Accelerated benefit rider
Term laddering 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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