Banner Life, an A+ rated company founded in 1949, has a fast track process for applicants with no significant medical history, which is a rare offering among life insurance companies. They also offer competitive underwriting for a range of health conditions, making it a good option for some with substandard health profiles.
Banner Life has very competitive underwriting for some substandard health profiles, making it a good option for those with medical issues. The length of time BannerLife's underwriting process takes is average, but once you have the policy, you can update most of your information online.
In 2014, Banner Life won "Best Life Insurance Provider" at the Personal Touch Awards.
Each insurer approaches health conditions differently. One insurer might ignore a heart attack from a few years ago, whereas a different insurer might rate you as a higher risk for the same thing. Here are the details of how Banner Life treats a variety of common health conditions from an underwriting perspective.
|Recent Weight Loss||Good|
|Former Tobacco Use||Good|
|High Blood Pressure||Good|
Excellent - Above average; company provides excellent coverage for clients with this condition.
Good - Spot on; company doesn’t look at this condition unfavorably in underwriting.
Fair - Could use some work; clients with this condition may be issued a lower health rating, and subsequently higher rates than other insurers.