William Pen Life Insurance Company was founded in 1963 and was initially named Modern Life Insurance Company. The company was later acquired by a subsidiary of Penncorp Financial in 1987. The company’s underwent several changes until it was named William Pen Life Insurance Company of New York in 1975. The company was later acquired by Legal & General Group Plc and is today a wholly owned subsidiary of Banner Life Insurance Company.
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Detailed Product Overview
The company is also recognized by all top ratings providers, including a Standard and Poor's rating of AA-.
* The information provided is intended for licensed insurance agents only. It is not intended for the purpose of advertising the insurance products to the general public.
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