Banner vs Mass Mutual Life Insurance

Banner and Mass Mutual are two solid life insurance companies. Rest assured you can't make a bad choice if you have narrowed it down to Banner and Mass Mutual. 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 Banner and Mass Mutual.
    Bernard Leigh Hickman
    All 50 States
    3275 Bennett Creek Avenue Frederick, MD 21704 United States

    "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
    Roger W. Crandall
    48 States
    Springfield, MA 01111-0001

    93rd on the FORTUNE® 500 list in 2018

    FORTUNE® World’s Most Admired Company in 2018

    Top performing call center for ten consecutive years by ContactCenterWorld

  • PROS
    • Free online quotes
    • Low-cost coverage
    • Guaranteed acceptance products
  • CONS
    • Medical exam required
    • Convertible term policies not available in every state
    • No mobile app available.

Compare Other Options

1st place trophy

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2nd place trophy

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

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 Banner Mass Mutual
JD Power N/A 3/5
AM Best A+ A++
Moody's N/A Aa2
Fitch AA- AA+
Standard & Poor AA- AA+
Comdex Score 94 98
SOURCE Banner Mass Mutual
Total Assets $7.3 Billion $400 billion+
Life Insurance in Force $658 Billion $560 billion (2016)
Banner Mass Mutual
Term life insurance Participating Whole Life Insurance
Universal life insuranceUniversal Life Insurance
Variable Universal Life Insurance
Guaranteed Acceptance Life Insurance
Term Life Insurance Coverage
Banner Mass Mutual
APPcelerateParticipating Whole Life Insurance
OPTerm Life InsuranceUniversal Life Insurance
Variable Universal Life Insurance
Guaranteed Acceptance Life Insurance
Term Life Insurance Coverage
Banner Mass Mutual
Disability premium waiverGuaranteed Insurability
Conversion to permanentRenewable Term Coverage
Flexible payment scheduleProtection Against Illness and Disability Benefit Increases
Accelerated benefit rider
Term laddering rider
Child Protection 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.