Richard K. Bingham has been named Beneficial Life Insurance Co.'s agent of the year for 1991.

Bingham, an agent with Richard R. Anderson Agency of Beneficial Life, was presented the award by Beneficial Life President Jay B. Horrocks at a recent dinner in his honor.Horrocks said the award recognizes Bingham as the company's production leader for the past two years.

Since joining the company in 1987, Bingham has consistently ranked among its top producers, qualifying for the insurance industry's Million Dollar Round Table, said Horrocks.

Based in Salt Lake City, Beneficial Life is an 85-year-old company with $1 billion in assets and $8 billion of life insurance in force, ranking among the top 8 percent nationally.