Banner Life Term Life
Banner Life
4.4
From ~$34/mo for $500K. Best-in-class term value. Legal & General subsidiary.
Editorial score
4.4 / 5
Product type
life insurance
Our take
Banner Life (Legal & General America) is consistently among the cheapest term life insurers. Offers 10, 15, 20, 25, and 30-year terms with no gimmicks — just excellent pricing for healthy applicants.
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Full details
| best for | Cost-conscious buyers who want cheap, reliable term coverage |
| headline metric | From ~$34/mo ($500K) |
| secondary metric | Legal & General subsidiary |
| discount highlights | Preferred plus rates for best health, non-smoker |
Frequently asked questions
What should I compare besides premium for Banner Life Term Life?
Look at coverage limits, deductibles, exclusions, and customer service reputation. The cheapest quote is not always the best value if coverage is weaker.
Is Banner Life Term Life right for me?
Banner Life (Legal & General America) is consistently among the cheapest term life insurers. Offers 10, 15, 20, 25, and 30-year terms with no gimmicks — just excellent pricing for healthy applicants.
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Verified Apr 2026
Banner Life Term Life