The customer service quality they are accustomed to receiving will continue uninterrupted.įor more than 40 years Bankers Life Insurance Company has provided quality deferred and immediate annuity products, services and support to our policyholders across America. Please note: There will be no interruption in service to your clients and/or contract owners. However, BLIC will accept no new business annuity applications after October 1st. As in the past with similar situations, we will honor all annuity applications in the pipeline. Therefore, at this time we will suspend all new sales of BLIC products effective October 1, 2018. We feel trying to replicate this effort across multiple companies is not prudent. CBLife has invested a tremendous amount of time and resources in perfecting a state-of-the-art digital platform featuring enhancements such as policy eDelivery and eApplications. In order to take advantage of higher ratings, a diverse product portfolio and more efficient processes, we will be consolidating all future annuity sales into Global Bankers’ flagship company, Colorado Bankers Life Insurance Company (CBLife). We discussed this relationship and its potential to grow our organization as well as to create strategic and operational efficiencies to bring BLIC to the next level in terms of superior technology, improved product offerings and premier customer service.īankers Life Insurance is one of many insurance entities under Global Bankers, which manages a diverse portfolio of insurance companies in the U.S. Originally received via email on Thu 10:46 PMĪs you know, just over 18 months ago Bankers Life Insurance Company became part of Global Bankers Insurance Group (Global Bankers), an international family of insurance and reinsurance companies focused on life insurance and annuities. The contents of this site may not be republished, reprinted, rewritten or recirculated without written permission.Bankers Life will suspend all new sales of BLIC products effective October 1, 2018Ĭlick here for the original Field Announcement We forward your information to a lender you wish to contact so that they may contact you directly.Ĭopyright © 2023 Consumers Unified, LLC DBA ConsumerAffairs. Rather, we display rates from lenders that are licensed or otherwise authorized to work in Vermont. Home Warranty disclosure for New Jersey Residents: The product being offered is a service contract and is separate and distinct from any product or service warranty which may be provided by the home builder or manufacturer.Ĭonsumers Unified, LLC does not take loan or mortgage applications or make credit decisions. THE LENDER MAY BE SUBJECT TO FEDERAL LENDING LAWS. THE LENDER MAY NOT BE SUBJECT TO ALL VERMONT LENDING LAWS. INFORMATION RECEIVED WILL BE SHARED WITH ONE OR MORE THIRD PARTIES IN CONNECTION WITH YOUR LOAN INQUIRY. It is very important to do your own analysis before making any investment based on your own personal circumstances and consult with your own investment, financial, tax and legal advisers.Ĭompany NMLS Consumer Access #2110672 MORTGAGE BROKER ONLY, NOT A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER Our content is intended to be used for general information purposes only. Companies displayed may pay us to be Authorized or when you click a link, call a number or fill a form on our site. These plans require no medical exam and provide coverage up to $30,000.ĬonsumerAffairs is not a government agency. Life insurance for seniors: Bankers Life offers life insurance options for individuals who are over 65.The universal option also comes with a flexible premium that lets you pay a lower amount when your budget is tight.
#Bankers life insurance company plus
This plan also includes a PLUS living benefit rider that lets you use a portion of your death benefit if you’re diagnosed with a permanent chronic illness.
Term life insurance: Bankers Life term life insurance policies cover the policyholder for a 5-, 10- or 20-year period.Monthly premiums never increase over the life of the policy. Bankers Life offers term life, whole life and universal life insurance policies.
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