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Company Details
MEDICO CORP LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
79987
Phone Number:
5156952402
Company Address:
P.O. Box 10482
Des Moines, IA 50306-0482
Description:
Life and Health
License Number:
A423295
Date Admitted:
2017-05-05
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2022 | Total Accident & Health | 0.02% | $12,193,952 | $12,198,740 | $9,436,113 | $9,578,786 | 78.52 % |
| 2022 | Total Individual Accident & Health | 0.06% | $12,193,952 | $12,198,740 | $9,436,113 | $9,578,786 | 78.52 % |
| 2022 | Individual Medicare Supplement | 0.46% | $12,183,951 | $12,188,433 | $9,435,413 | $9,578,128 | 78.58 % |
| 2022 | Individual Specified Disease | 0.00% | $8,677 | $8,944 | $700 | $679 | 7.59 % |
| 2022 | Individual Limited Benefit | 0.00% | $1,324 | $1,363 | $0 | $-21 | -1.54 % |
| 2021 | Total Accident & Health | 0.00% | $740,825 | $742,599 | $412,173 | $413,981 | 55.75 % |
| 2021 | Total Individual Accident & Health | 0.00% | $740,825 | $742,599 | $412,173 | $413,981 | 55.75 % |
| 2021 | Individual Medicare Supplement | 0.02% | $752,336 | $756,509 | $411,473 | $413,439 | 54.65 % |
| 2021 | Individual Specified Disease | 0.00% | $-12,815 | $-15,462 | $700 | $542 | N/A |
| 2021 | Individual Limited Benefit | 0.00% | $1,304 | $1,552 | $0 | $0 | 0.00 % |
| 2021 | Total Life | 0.00% | $0 | $0 | $12,558 | $0 | N/A |
| 2021 | Total Individual Life | 0.00% | $0 | $0 | $12,558 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 0.00% | $0 | $0 | $12,558 | $0 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2022 | Health | 0.05% | 0 | 0 |
| 2022 | Medicare Supplement Insurance | 0.53% | 0 | 0 |
| 2021 | Health | 0.00% | 0 | 0 |
| 2021 | Medicare Supplement Insurance | 0.05% | 0 | 0 |
Company Changes
Effective Date: 04/01/2006
Comments: Mid-South Insurance Company changed its name to World Corp Insurance Company.
Effective Date: 02/07/2014
Comments: Effective 2/7/2014 World Corp Insurance Company changed its name to MEDICO CORP LIFE INSURANCE COMPANY
Effective Date: 01/01/2017
Comments: Effective 1/1/2017 this company redomesticated from Nebraska to Iowa.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
This company does not have any financial exams.