American National vs. Banner Life Insurance [2024]
When comparing American National vs. Banner, Banner life insurance is cheaper for both men and women. American National has an A rating with A.M. Best, and Banner has an A+ rating. Banner also has an A+ rating with the Better Business Bureau, while American National isn’t rated. American National vs. Banner life insurance companies offer various types of life insurance, as well as annuities and other services.
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Jeffrey Manola
Licensed Life Insurance Agent
Jeffrey Manola is an experienced life insurance agent who founded TopQuoteLifeInsurance.com and NoMedicalExamQuotes.com. His mission when creating these sites was to provide online consumers searching for life insurance with the most affordable term life insurance, permanent life insurance, no medical exam life insurance, and burial insurance. Not only does he strive to provide consumers with t...
Licensed Life Insurance Agent
UPDATED: Dec 15, 2024
It’s all about you. We want to help you make the right life insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance company and cannot guarantee quotes from any single company.
Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.
UPDATED: Dec 15, 2024
It’s all about you. We want to help you make the right life insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance company and cannot guarantee quotes from any single company.
Our life insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Banner life insurance is cheaper than American National for both men and women
- Banner also scored an A+ with A.M. Best, while American National scored an A
- American National isn’t rated by the Better Business Bureau, but Banner received an A+
You have many different options when it comes to life insurance companies. Comparing them head to head will help you make an informed choice. We’ll evaluate American National vs. Banner life insurance companies to help you determine if either is right for you.
Although both companies offer term and permanent life insurance options, you should still compare rates and ratings before you choose to buy American National vs. Banner life insurance.
Also, you don’t have to pick between American National vs. Banner. Many companies offer the cheap life insurance you are looking for.
Before jumping into this American National vs. Banner life insurance review, enter your ZIP code to compare life insurance rates from multiple companies near you for free.
American National vs. Banner: Which company offers more affordable rates to women?
Many factors are used to calculate your life insurance rates, and the most significant are your age, gender, and medical history.
This table shows the average monthly American National vs. Banner life insurance rates for non-smoking women of various ages.
American National and Banner Average Monthly Life Insurance Rates for Women
| Age of Female Non-Smoker | American National Average Monthly Rates $100,000/20-year | Banner Average Monthly Rates $100,000/20-year |
|---|---|---|
| 25 | $14.17 | $8.11 |
| 30 | $14.17 | $8.12 |
| 35 | $15.81 | $8.75 |
| 40 | $19.18 | $10.06 |
| 45 | $24.80 | $13.19 |
| 50 | $33.61 | $18.04 |
| 55 | $47.17 | $24.71 |
| 60 | $75.77 | $36.39 |
| 65 | N/A | $82.43 |
Banner life insurance is cheaper than American National for women of all ages. Keep in mind, if you smoke or have certain medical conditions, your rates will be higher.
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American National vs. Banner: Which company offers more affordable rates to men?
Next, let’s look at average monthly American National and Banner life insurance rates for men who don’t smoke.
American National and Banner Average Monthly Life Insurance Rates for Men
| Age of Male Non-Smoker | American National Average Monthly Rates $100,000/20-year | Banner Average Monthly Rates $100,000/20-year |
|---|---|---|
| 25 | $15.98 | $8.88 |
| 30 | $16.16 | $8.91 |
| 35 | $16.68 | $9.34 |
| 40 | $21.51 | $10.84 |
| 45 | $30.76 | $15.82 |
| 50 | $43.63 | $21.92 |
| 55 | $65.06 | $33.18 |
| 60 | $108.95 | $52.39 |
| 65 | $99.29 | $97.26 |
Banner once again has the cheaper rates. But again, rates will be higher if you smoke or have medical issues.
It might be tricky to compare American National vs. Banner life insurance quotes. While you can get a Banner life insurance quote online, you have to speak with an agent to get an American National quote.
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American National vs. Banner: Which company is more well-reviewed?
Rates aren’t the only important thing to consider when choosing a life insurance company. You also need a company that you can depend on. Compare financial and customer service ratings to ensure you are making a wise decision.
A.M. Best evaluates companies on their financial health. Ratings go from A++ all the way down to D.
American National received an A rating, showing an excellent ability to meet financial obligations. Banner received an A+ rating, meaning it has a superior ability to meet financial obligations.
Better Business Bureau (BBB) ratings range from A+ down to F. American National is not rated or accredited by the BBB. The Banner life insurance company has an A+ rating but it is not accredited either.
American National vs. Banner: The Bottom Line
More than simply life insurance is available from both American National and Banner.
While American National offers term, whole, and universal life insurance, it also provides a variety of other products. American National annuity services, vehicle insurance, and health insurance are also available.
You can use your American National login to access your account online, pay bills, and update your policy. You can also call the American National life insurance phone number at (800) 899-6519.
Banner offers term and universal life insurance, as well as annuities and retirement planning.
You can manage your policy with your Banner login, or call Banner at (800) 638-8428.
To learn more about each company, read our American National life insurance review and our Banner life insurance review.
We’ve discussed your options for affordable American National vs. Banner life insurance, but you should still shop around to find the company that suits your needs the best.
We hope you’ve learned enough to know if you want to buy American National vs. Banner life insurance. Enter your ZIP code to compare life insurance quotes from companies in your area today.
Read more:
- How To Cancel Your American National Life Insurance Policy
- American National vs. Mutual of Omaha Life Insurance
Your life insurance quotes are always free.
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Frequently Asked Questions
Is Banner Life Insurance cheaper than American National?
Yes, Banner is cheaper for both men and women.
What are the ratings of American National and Banner?
American National has an A rating, while Banner has an A+ rating.
What types of insurance do they offer?
They offer life insurance, annuities, and other services.
How can I compare quotes?
Use the secure quote tool by entering your ZIP code.
Can I manage my policy online?
Yes, use your login or call the respective company.
Your life insurance quotes are always free.
Secured with SHA-256 Encryption
Jeffrey Manola
Licensed Life Insurance Agent
Jeffrey Manola is an experienced life insurance agent who founded TopQuoteLifeInsurance.com and NoMedicalExamQuotes.com. His mission when creating these sites was to provide online consumers searching for life insurance with the most affordable term life insurance, permanent life insurance, no medical exam life insurance, and burial insurance. Not only does he strive to provide consumers with t...
Licensed Life Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.
