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Find a Location

Bankers Life Securities, Inc. has 240 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.

    Business ProfileforBankers Life Securities, Inc.

    Retirement Planning Services
    HeadquartersMulti Location Business
    BBB accredited business
    The Complaints and Reviews shown on this HQ profile may have been submitted against either the HQ itself or one of the corporate-owned locations found under "Find Locations".

    At-a-glance

    Customer Reviews

    2/5stars

    Average of 1 Customer Reviews

    Customer Complaints

    3 complaints closed in last 3 years

    1 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 7/24/2019

    Years in Business: 8

    Customer Reviews are not used in the calculation of BBB Rating

    Overview of BBB Rating

    Products & Services

    As a full service broker-dealer, we offer a variety of investment options including mutual funds, variable annuities, 529 plans, college savings programs and more. We also distribute fixed annuities and universal life insurance.

    Business Details

    This is a multi-location business.

    Find a Location

    Bankers Life Securities, Inc. has 240 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      Headquarters
      303 E Wacker Dr Fl 5, Chicago, IL 60601-5212
      BBB File Opened:
      4/29/2019
      Years in Business:
      8
      Business Started:
      12/11/2015
      Business Incorporated:
      12/11/2015
      Accredited Since:
      7/24/2019
      Type of Entity:
      Corporation
      Hours of Operation

      Primary

      M:
      8:00 AM - 5:00 AM
      T:
      8:00 AM - 5:00 AM
      W:
      8:00 AM - 5:00 AM
      Th:
      8:00 AM - 5:00 AM
      F:
      8:00 AM - 5:00 AM
      Sa:
      Closed
      Su:
      Closed
      Business Management
      • Ms. Cheryl Heilman, President
      • Mr. Rocco Tarasi, Operations Officer
      • Steve Josephson, Chief Operations Officer
      • Alberta Roberts, Chief Compliance Officer
      Contact Information

      Principal

      • Steve Josephson, Chief Operations Officer

      Customer Contact

      • Alberta Roberts, Chief Compliance Officer

      Customer Complaints

      3 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      07/15/2022

      Complaint Type:
      Product Issues
      Status:
      Resolved
      On April 26, 2022 I met with ******************************* of Bankers Life concerning a insurance policy with his company and gave him check#*** for $1,907.44. On May 10 2022 ************************ returned with a policy and I spoke to him concerning all the negative publicity a few guys I work with voiced and the BBB complaints filed against his company. He advised me I had 30 days to cancel the policy. On May 13 2022 I advised ************************ I wanted to cancel the policy and he stated he would sent a email to cancel my policy. It.s been 2 months since I canceled the policy and now ************************ doesn't return my calls and Bankers life when I called them say I don't have a policy and so they can't assist me.
      Read More

      Customer Reviews

      1 Customer Reviews

      What do you think? Share your review.

      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      Marisha M

      2 stars

      09/07/2022

      I couldn't figure out how to leave a review on your website, so I'm sending this here (and in a few other places). I'm currently working with an agent to have my *** rolled into a 403(b) or similar account. At around 12 noon today we spoke with an agent named ****. After providing my social security number to look up my policy information, we were told that I did not have an account with Bankers Life. We mentioned our intent of the call at the start of this exchange, but it took repeating my SSN several times before **** came to the conclusion that we had contacted the "wrong company." As a former Bankers Life agent, I am aware that there are different divisions of the company that handle different types of products; I would not go as far as to deem them entirely separate companies. When **** shared this information with us, he had a very condescending tone. As I questioned a possible survey to leave my feedback on the call or a supervisor with whom I could speak to share this feedback, **** snapped that there is no such forum. He inquired why I was interested in leaving feedback; when I responded that I did not appreciate his tone, he claimed he did not have a tone and then hung up on us.This is completely unnecessary and unacceptable behavior from someone who is working in customer service. If **** cannot provide information without speaking down to people and insulting our intelligence, then perhaps he should consider a different line of work. I hate that I do not have more specific information to provide regarding the agent to whom I am referring, but I wanted to make sure that this experience is documented.

      Local BBB

      BBB of Chicago & Northern Illinois

      BBB Reports On

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