Term Life InsuranceTerm Life Insurance
Banner LifeBanner Life
The high-coverage specialist — generous underwriting for large policies and imperfect health.
Banner Life
The high-coverage specialist — generous underwriting for large policies and imperfect health.
About Banner Life
Banner Life is the U.S. term life specialist of Legal & General America, backed by Legal & General Group — a 185-year-old financial powerhouse headquartered in London with over £1 trillion in assets under management. Rated A+ (Superior) by AM Best, Banner Life consistently ranks among the most price-competitive carriers for large face amounts and holds the industry's highest digital no-exam underwriting limit at $4 million.
OPTerm
The high-coverage specialist — generous underwriting for large policies and imperfect health.
Product Details
Key Features
Industry-Leading No-Exam Coverage
Applicants aged 20–60 may qualify for up to $4 million in coverage without a lab exam through Banner's digital accelerated underwriting — the highest no-exam threshold in the industry, with potential for same-day approval.
Lenient on Controlled Conditions
Well-managed high blood pressure, high cholesterol, mild asthma, or a history of treated depression? You may still qualify for Preferred Plus rates. Banner's underwriting guidelines are among the most forgiving for minor, controlled health conditions.
Competitive Substandard Pricing
For applicants who don't qualify for top health classes, Banner's rated pricing is among the most competitive in the market — making it a strong choice even for imperfect health.
Best For
High-income earners needing $1M+ in coverage, and applicants with minor health conditions who want the best possible rate.