General Info

The history of William Penn Life Insurance Company of New York is more than 40 years strong. Chartered in 1962, the company was acquired by Legal & General Group as a wholly owned subsidiary of Banner Life Insurance Company in 1989. It is now one of the Legal & General America companies. Since that time, management for both companies has been consolidated at the senior level. Banner Life's national presence, William Penn's four decades of brokerage experience and the operational synergy between both companies is a strong combination. William Penn's individual life insurance products are sold in New York only through independent insurance agencies.