Banner Life Company Description
Is it a banner day everyday at Banner Life? Legal & General subsidiary Banner Life Insurance offers various life insurance products, including term life and fixed universal life, sold through independent brokers in 49 states and in the District of Columbia. The company has been in business for more than 50 years, having started out as Government Employees Life Insurance Company (GELICO). Legal & General bought the company in 1981 and changed its name to Banner Life two years later. Banner Life and its sister company, William Penn Life Insurance Company of New York, are the primary operations of Legal & General America.
View the Comprehensive Company Description for Banner Life
The Company Description provides a historical perspective of Banner Life's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Banner Life's evolution in the marketplace.




