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Bankers Life Overview

Headquarters Chicago, IL
Size 1001 to 5000 Employees
Founded 1879
Type Company - Public
Industry Insurance
Revenue $25 to $50 million (USD) per year

Company Updates

  • Bankers Life Center for a Secure Retirement releases its study on America's Best Cities for a Healthy (and More Affordable) Retirement http://glassdoor.com/slink.htm?key=vITP4

    The Healthiest-and Most Affordable-U.S. Cities for Retirees

    According to the World Health Organization, a healthy city is one: ...that is continually creating and improving those physical and social environments and expanding those community resources which enable people to mutually support each other in performing all the functions of life and in developing to their maximum potential.

Bankers Life – Why Work For Us?


With a history dating back to 1879, Bankers Life products focus on the insurance needs of the middle-income retirement market through nationwide subsidiaries of CNO Financial Group, Inc. These companies offer a broad portfolio of life and health insurance designed especially for those near and in retirement. 
From more than 300 offices across the country, our agents—more than 5,000 agents in all—live and work in the communities they serve. Our agents take the time to get to know customers, listen to their needs and understand their values—with a goal to help customers reach their goals for a secure retirement.

A message from Scott L. GoldbergScott L Goldberg

With a history dating back to 1879, there are some things that never change. At Bankers Life, that means taking a personalized approach to help protect the individuals and families we serve. We begin by getting to know our customers—expect our insurance agents to ask a lot of questions. We focus on understanding how well consumers are prepared and how we can help them improve upon their financial security, particularly as they enter and navigate retirement. Our solutions are simply designed so that nearly every American can use them.


Strength in numbers

The size of our agent force is among the very top in the nation, with more than 5,000 dedicated agents across more than 300 U.S. sales offices. In 2013, we served more than 1.4 million policyholders and managed over $14 billion in assets. 

Extensive product portfolio

Through nationwide subsidiaries of CNO Financial Group, Inc., we are one of the industry’s largest providers of Medicare supplement and long-term care insurance. We also carry an array of life insurance products, annuities and supplemental health insurance options.

Service you can trust

Our agents live in the communities they serve and travel to the homes and businesses of their clients. We can show you how to help safeguard against unexpected health costs, generate guaranteed income, protect loved ones and promote an enduring legacy.

Thank you for your interest in Bankers Life.

Be well,

Scott L. Goldberg


We commit to these ideals to build enduring value for our shareholders, associates, business partners and customers.

We have the highest standards for ethics, fairness and personal responsibility. We're honest and straightforward. We operate within the letter and spirit of the law. We show unwavering consistency between words and actions. We comply with all laws, regulations and company policies.

Customer focus
We exist to improve the financial security of our customers and policyholders, and we put them first and foremost in all of our decisions and actions. We anticipate our customers' needs and move quickly and urgently to serve them.

We act with a strong sense of urgency, recognizing that speed matters. We honor our commitments and we take personal responsibility for our actions. To meet the needs of our customers, we strive for excellence in our products, services and business processes. We are passionate about winning in the marketplace, and embrace any change needed to do so.

We win as a team, putting the enterprise ahead of any business unit, function, department or individual interests. We value diverse teams that take ownership of work efforts, and create an atmosphere of commitment, participation and collaboration. We trust that our team members act in the best interest of CNO, and we have confidence in their capabilities and intentions. Our associates grow personally and professionally through their experiences at CNO.

Every day, professionals like you are building rewarding, long-term careers through our insurance agent opportunities. You’ll gain confidence and grow your experience knowing the Bankers Life team supports you on your journey to sales success. Our nationally recognized training programs, advertising and prospecting tools, and innovative lead-generation programs help fit your business building needs and achieve sales success.


At Bankers Life, we take pride in supporting causes that affect our customers and their families. Through strong partnerships with the Alzheimer’s Association, Meals on Wheels Chicago and Military Warriors Support Foundation, we’re making a meaningful impact in the communities we serve.

Alzheimer’s Association

The Alzheimer’s Association is the world’s leading voluntary health organization in Alzheimer’s care, support and research. More than 5 million Americans today struggle with Alzheimer’s disease, and that number is expected to increase significantly. To grow awareness and financial support, Bankers Life organizes the annual Forget Me Not Days®, a nationwide fundraising campaign now in its 12th year. Since 2003, we’ve helped raise more than $3.7 million for the Alzheimer’s Association.

Meals on Wheels Chicago

Bankers Life believes all individuals, especially homebound seniors and people with disabilities, should have the opportunity to live independently and with dignity in their own homes. That’s why we proudly support Meals on Wheels Chicago. For more than 25 years, this organization has supported programs offering needy residents more choices in their care and living arrangements, despite their age, income or ability.

Military Warriors Support Foundation

Bankers Life partners with the Military Warriors Support Foundation to help combat-wounded heroes and families as they transition to civilian life. Through Homes 4 Wounded Heroes, a financial mentoring program, six families each year are awarded mortgage-free homes. The three-year mentor relationship helps put veterans on the path to a solid financial future.

Bankers Life Reviews

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Recommend to a friend
Approve of CEO
Bankers Life President Scott Goldberg
Scott Goldberg
118 Ratings
  • Featured Review

    Helpful (36)

    Awesome opportunity if you want to work hard to build your own business.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook


    Excellent training with a solid product line . Helping folks on a daily basis to protect themselves from the uncertainties of life.


    100% commissioned career . You get out of it exactly what you put in to it.

Bankers Life Photos

Bankers Life Interviews

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Interview Experience


Getting an Interview

Getting an Interview


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Interview Difficulty



  1. Helpful (66)  

    Insurance Sales Agent Interview

    Anonymous Interview Candidate
    No Offer
    Negative Experience
    Easy Interview


    I applied through a recruiter. I interviewed at Bankers Life.


    Was misled by the recruiting agent to believe I was coming in for a one on one interview. In fact, it was a group interview in a classroom setting. Very impersonal, if informative - the job is that of a glorified telemarketer, harassing the elderly in the attempt to make a sale. Pay is 100% commission. Maybe that will work for you, but it doesn't work for me.

Bankers Life Awards & Accolades

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  • Top 125 Training Companies, Training Magazine, 2014
  • Top 50 Performing Life-Health Insurance Companies, Ward's 50, 2013
  • MarCom Awards: Creative Excellence in Marketing and Communications, Association of Marketing and Communication Professionals (AMCP), 2012
  • Training Top 125, Training, 2012
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