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Banner vs Northwestern Mutual Life Insurance

Banner and Northwestern 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 Northwestern 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 Northwestern Mutual.
  • 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
    1859
  • CURRENT CEO
    John E. Schlifske
  • AVAILABLE
    49 States
  • ADDRESS
    720 East Wisconsin Ave. Milwaukee, WI 53202
  • TOP AWARDS

    One of the "World's Most Admired" life insurance companies in 2018 by Fortune

  • PROS
    • Diverse policy riders
    • Flexible payment terms
    • Best whole life insurance
  • CONS
    • No online quotes
    • No Child Term rider

Compare Other Options

1st place trophy
1st

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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 Banner Northwestern Mutual
JD Power N/A 4/5
BBB A+ N/A
AM Best A+ A++
Moody's N/A Aaa
Fitch AA- AAA
Standard & Poor AA- A+
Comdex Score 94 N/A
SOURCE Banner Northwestern Mutual
Total Assets $7.3 Billion $250.4 billion?
Life Insurance in Force $658 Billion ?$1.6 trillion
Banner Northwestern Mutual
Term life insurance Term life insurance
Universal life insuranceWhole life insurance
Universal Life insurance
Banner Northwestern Mutual
APPcelerateTerm life insurance
OPTerm Life InsuranceWhole life insurance
Universal Life insurance
Banner Northwestern Mutual
Disability premium waiverAccidental Death rider
Conversion to permanentCritical Illness rider
Flexible payment scheduleDisability Income rider
Accelerated benefit riderThe waiver of premium 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.