Bankers Life Employee Benefits and Perks | Glassdoor

Bankers Life Benefits

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Employee Benefit Reviews

Showing 1–10 of 129 comments

Most Commented

  • Job Training  (55 comments)

    “The training at Bankers is absolutely the best in the business. You must do some studying for your state-required license, but they follow up with a...”

  • Performance Bonus  (38 comments)

    “Bankers offers up to a $60,000 bonus each quarter, starting at 10% up to a 100% match on your production. Probably one of the most awesome things...”

  • Company Social Events  (20 comments)

    “Our team always has great lunches with the management team from time to time, and we celebrate our top producers with everything from nights out on...”

  • Jun 07, 2018
    StarStarStarStarStar Current Insurance Agent in Wilmington, North Carolina

    The best thing about the benefits of being a first year agent at Bankers is that they offer quarterly bonus programs, help with health insurance, and an amazing deferred compensation plan for retirement. It's very rare for a company like this to give independent contractors such great opportunities just for hitting basic production goals, so it's been super exciting.

  • Jun 19, 2018
    StarStarStarStarStar Current Insurance Agent in Nashville, Tennessee

    no benefits for people that are just agents

  • Apr 27, 2018
    StarStarStarStarStar Former Insurance Agent in Winchester, Virginia

    Biggest mistake of my career! I spent 165 on testing, I can't remember how much on the license and finger prints for the state, oh then $210 for the course!!! Then I start working and no one willing to help me with what I needed to do. They want me to call people on a do not call list, people hanging up on me, basically phone stalking people for Medicare supplemental insurance. Then other days we were to go knock on strangers doors to get them to make appointments. We had a specific script to say.

  • Apr 03, 2018
    StarStarStarStarStar Current Insurance Agent in Greensboro, North Carolina

    It is nonexistent until you become a manager

  • Apr 12, 2018
    StarStarStarStarStar Former Claims Assistant in Chicago, Illinois

    Standard Nothing to brag about

  • Mar 21, 2018
    StarStarStarStarStar Current Insurance agent in Orland Park, Illinois

    None. You work as a 1099 independent contractor, but are treated as an employee, not a good thing either.

  • Mar 12, 2018
    StarStarStarStarStar Former Employee in Stafford, Texas

    Free Breakfast, No reimbursement on gas, no benefit package, vulcherous environment

  • Mar 23, 2018
    StarStarStarStarStar Current Agent in Chantilly, Virginia

    Unlimited vacation time as long as you produce 6000 agent production credits per quarter.

  • Feb 24, 2018
    StarStarStarStarStar Former Recruiter in Atlanta, Georgia

    You get to have high commission if you can get high numbers and it mostly depends on how good your branch will be. Benefit package not so good for me because this is purely a commission based-position. Not stable.

  • Feb 19, 2018
    StarStarStarStarStar Former Employee in Chicago, Illinois

    Small contribution to 401k and healthcare reimbursement but only after you hit certain commission quotas

Benefits Summary


List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

Financial & Retirement

Family & Parenting

Vacation & Time Off

  • Vacation & Paid Time Off
  • Sick Days
  • Paid Holidays
  • Volunteer Time Off
  • CheckmarkSabbatical (6)
  • Bereavement Leave

Perks & Discounts

Professional Support

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