Banner Life family of companies Reviews 2,468

TrustScore 4.5 out of 5

4.5

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See what reviewers are saying

Rated 5 out of 5 stars

Whenever I needed help the company always helped me, in January it really helped me out they let me make quarterly payments,..couple days ago Joy helped me make bank account change that I could have... See more

Rated 4 out of 5 stars

An employee named Shajna is responsive, competent and kind. Not a five as I first reached a robot- I needed the genuine human voice.

Rated 5 out of 5 stars

I've called into the customer service line several times. I appreciate that you don't have to jump through a lot of hoops to get to a live agent. All the agents I've worked with have been helpful an... See more

Rated 5 out of 5 stars

I have been a client of Banner Life for many years. I rarely need to call in for assistance as their information is always clear and concise. In the rare event I have called they have a great customer... See more

Company details

  1. Insurance Company
  2. Financial Consultant
  3. Financial Institution
  4. Insurance Agency
  5. Life Insurance Agency
  6. Term Life Insurance Provider Company

Written by the company

The Banner Life family of companies helps families secure their financial futures with life insurance. Look to us for affordable life insurance that provides financial protection for the people you care about the most. Banner Life Insurance Company and William Penn Life Insurance Company of New York, make up the family of companies. Banner Life and William Penn is a nationally recognized market leader in the individual life insurance industry; we consistently rank in the top ten for new coverage issued in the US.


Contact info

4.5

Excellent

TrustScore 4.5 out of 5

2K reviews

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Rated 1 out of 5 stars

Worst Customer Service Ever

We have had one of the most frustrating and unprofessional experiences with Banner Life Insurance. If I could do ZERO STARS I wouldWhat should have been a simple collateral assignment—something they claim takes three business days—has dragged on for weeks with zero communication unless we initiated contact ourselves.

Each time we called, we were given different information, false assurances, and repeated promises that the issue would be ‘escalated’ and completed—none of which were followed through. We spent hours on the phone, including over 90 minutes just trying to reach a manager.

At one point, we were told the delay was due to ‘wet signatures,’ a requirement that was never communicated in any prior interaction. This level of disorganization and lack of accountability is unacceptable.
This delay has directly impacted the closing of our new Autism Learning Center, affecting real families and children who depend on these services.

If you are considering working with Banner Life Insurance, be prepared for poor communication, lack of follow-through, and significant delays. We strongly advise looking elsewhere.”

27 March 2026
Unprompted review
Rated 5 out of 5 stars

Efficiency and courtesy

Efficiency and courtesy! Tamara was very professional and thorough in helping me resolve any issue. 100% satisfied and thankful to do business with them.

13 March 2026
Rated 1 out of 5 stars

Poor service

Some of their interview questions are worded in a way they can be interpreted differently and have varied answers based on your own interpretation of the question. Once the underwriter gets the response and you find out you interpreted the question differently than they did and you try to provided better clarification on your response, they just decline you coverage all together.

9 March 2026
Unprompted review
Rated 1 out of 5 stars

Complicated

I’ve had a term life insurance policy with them for 8 years and it’s been a pain every year. Automatic payments are excessively difficult to set up and access. My husband and I both have insurance through them but the accounts are separated making payments annoying and complicated. I’m probably just gonna find someone else to work with.

9 March 2026

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