When it comes time to purchase a life insurance policy, it’s easy to see why so many folks can become frustrated with the whole process.
To purchase a life insurance policy, it’s easy to see why so many folks can become frustrated with the whole process. After all, not only does someone have to figure out what “kind” of life insurance policy is going to be the best one for them (think traditional term life insurance, no medical exam life insurance, final expense insurance, etc…).
They’re also…
Going to have to figure out “which” life insurance company is going to be the “right” one for them. A decision that isn’t always going to be the easiest one, particularly if you’ve narrowed down your search to two fantastic companies like AIG and Banner Life (which we are huge fans of).
This is why…
We wanted to provide this brief “synopsis” of both companies so that you can get a better idea of how each of them compares to one another and then invite you to…
Comparing ⟶ | American General (AIG) | Banner Life |
Year Founded |
1919 |
1949 |
Company Structure |
Stock |
Stock |
Pricing |
$ $ $ | $ $ $ |
Types of Policies: |
||
Term Life |
✓ | ✓ |
Whole Life |
✓ | ✗ |
Universal Life |
✓ | ✓ |
Final Expense |
✓ | ✓ |
Ratings: |
||
A |
A+ |
|
A+ |
AA- |
|
A2 |
✗ | |
A+ |
A+ |
|
82 |
94 |
|
B- |
A+ |
|
0.51 |
0.05 |
|
IBUSA’s Overall Score |
||
Company Review |
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So that you can see if one of these two companies might be right for you!