I’ve been researching Banner Life Insurance and would love to hear from those who have firsthand experience with them. How satisfied are you with their customer service and claims process? Did they provide clear information about their policy options and affordability? I’m particularly interested in how they handle long-term policyholder support. Your insights and personal stories would be invaluable as I weigh my options for protecting my family’s future.
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Banner often offers exceptional pricing in the Preferred Plus and Preferred rate levels. Their underwriting might be slow, and getting into the Preferred rate class with them requires exceptional health and a strong family history. I stopped writing with them just out of displeasure with their project.
Overall, the carrier is well-rated. Once you get past the underwriting, there isn’t anything to complain about.
Good company, but service can be slow unless your agent handles everything, which is rare. They have great rates if you’re very healthy.
If the offered policy is higher than expected, accept it first, then apply for a better one with another carrier. Don’t reject it before securing a new one, as you might end up with no coverage due to health changes.
I know an agent whose client was offered a policy at standard rates but wanted better. He went to the doctor about a minor issue before accepting the policy and found out he had cancer, leaving him uninsurable.