PROTECTIVE LIFE INSURANCE COMPANY

Company Details for:

PROTECTIVE LIFE INSURANCE COMPANY

Address

P O BOX 2606
BIRMINGHAM AL, 35202

Phone

2058683790


Market Share

Link to Supplemental Data Page
Accident & Health
YearLine Market
Share
Num of
Insureds
Direct
Prem
Written
Direct
Prem
Earned
Div.
Paid
Direct
Losses
Paid
Direct
Losses
Incurr
Loss
Ratio
2013 Total Accident & Health 0.00% 372 $146,944 $165,403 $0 $120,820 $147,18288.98%
2013 Total Individual Accident & Health 0.01% 371 $146,675 $165,134 $0 $118,372 $147,34789.23%
2013 Individual Specified Disease 0.15% 142 $115,047 $114,324 $0 $80,140 $86,35075.53%
2013 Individual Disability Income 0.01% 14 $14,706 $14,614 $0 $11,260 $16,007109.53%
2013 Individual Limited Benefit 0.00% 4 $180 $180 $0 $0 $00.00%
2013 Individual Long Term Credit Disability 100.00% 211 $16,742 $36,016 $0 $26,972 $44,990124.92%
2013 Total Group Accident & Health 0.00% 1 $269 $269 $0 $2,448 $-165-61.34%
2013 Group Disability Income 0.00% 1 $269 $269 $0 $2,448 $-165-61.34%
2012 Total Accident & Health 0.00% 438 $140,219 $179,847 $0 $111,660 $90,86550.52%
2012 Total Individual Accident & Health 0.01% 437 $139,858 $179,486 $0 $109,212 $89,54349.89%
2012 Individual Specified Disease 0.16% 142 $114,919 $115,650 $0 $77,765 $76,76666.38%
2012 Individual Disability Income 0.01% 14 $15,482 $15,582 $0 $5,936 $5,86037.61%
2012 Individual Limited Benefit 0.00% 5 $133 $133 $0 $0 $00.00%
2012 Individual Short Term Credit Disability 0.60% 276 $9,324 $48,121 $0 $25,511 $6,91714.37%
2012 Total Group Accident & Health 0.00% 1 $361 $361 $0 $2,448 $1,322366.20%
2012 Group Disability Income 0.00% 1 $361 $361 $0 $2,448 $1,322366.20%
2011 Total Accident & Health 0.00% 582 $166,520 $228,012 $0 $158,561 $167,21673.34%
2011 Total Individual Accident & Health 0.01% 582 $166,520 $228,012 $0 $156,113 $166,34672.95%
2011 Individual Specified Disease 0.18% 159 $124,296 $127,887 $0 $110,412 $102,38780.06%
2011 Individual Disability Income 0.02% 17 $16,617 $17,097 $0 $15,008 $11,49267.22%
2011 Individual Limited Benefit 0.00% 6 $1,429 $1,470 $0 $315 $31521.43%
2011 Individual Short Term Credit Disability 1.87% 400 $24,178 $81,558 $0 $30,378 $52,15263.94%
2011 Total Group Accident & Health 0.00% 0 $0 $0 $0 $2,448 $870N/A
2011 Group Disability Income 0.00% 0 $0 $0 $0 $2,448 $870N/A
Life
YearLine Market
Share
Num of
Insureds
Direct
Prem &
Annuities
Divs
Paid
Direct
Claims &
Benefits Pd.
Life
Ins
in Force
Benefits
Ratio
2013 Total Life 4.60% 74,103 $543,610,024 $26,465 $261,915,073 $8,991,296N/A
2013 Total Individual Life 7.23% 71,419 $537,736,870 $26,465 $222,292,478 $8,940,014N/A
2013 Individual Whole Life 1.55% 8,488 $11,731,737 $26,465 $99,015,642 $2,553,637N/A
2013 Individual Term Life 3.41% 14,236 $16,571,145 $0 $10,294,917 $3,607,027N/A
2013 Individual Universal Life 1.69% 9,684 $11,444,399 $0 $96,562,519 $2,491,092N/A
2013 Individual Credit Life 5.20% 640 $63,235 $0 $45,689 $7,729N/A
2013 Individual Variable Life 0.84% 1,138 $1,288,784 $0 $10,874,163 $280,529N/A
2013 Individual Ordinary Annuities 6.24% 1,271 $51,219,232 $0 $5,305,137 $0N/A
2013 Individual Variable Annuities 10.74% 35,669 $372,806,714 $0 $90,061 $0N/A
2013 Individual Modified Guaranteed Annuities 14.21% 25 $1,007,459 $0 $104,350 $0N/A
2013 Individual Equity Indexed Annuities 8.41% 113 $69,366,336 $0 $0 $0N/A
2013 Individual Deposit-Type Funds 1.82% 155 $2,237,829 $0 $0 $0N/A
2013 Total Group Life 0.13% 2,684 $5,873,154 $0 $39,622,595 $51,282N/A
2013 Group Whole Life 0.00% 22 $1,909 $0 $39,085,889 $169N/A
2013 Group Term Life 0.06% 1,351 $291,363 $0 $530,703 $51,113N/A
2013 Group Ordinary Annuities 0.00% 1 $0 $0 $0 $0N/A
2013 Group Modified Guaranteed Annuities 95.21% 1,310 $5,579,882 $0 $6,003 $0N/A
2012 Total Life 7.76% 71,747 $861,579,991 $25,023 $336,251,031 $8,638,641N/A
2012 Total Individual Life 12.14% 68,912 $860,827,187 $25,023 $230,123,939 $8,585,993N/A
2012 Individual Whole Life 1.59% 9,032 $12,738,294 $25,023 $124,409,281 $2,698,401N/A
2012 Individual Term Life 4.06% 15,520 $18,644,478 $0 $11,370,350 $3,949,529N/A
2012 Individual Universal Life 1.35% 7,960 $7,855,475 $0 $76,717,023 $1,664,054N/A
2012 Individual Credit Life 6.57% 807 $81,148 $0 $68,065 $9,581N/A
2012 Individual Variable Life 0.83% 1,118 $1,248,280 $0 $12,190,770 $264,428N/A
2012 Individual Ordinary Annuities 54.45% 1,268 $815,841,757 $0 $5,250,574 $0N/A
2012 Individual Variable Annuities 0.00% 32,989 $0 $0 $0 $0N/A
2012 Individual Modified Guaranteed Annuities 24.54% 29 $2,438,754 $0 $117,876 $0N/A
2012 Individual Equity Indexed Annuities 0.00% 43 $0 $0 $0 $0N/A
2012 Individual Deposit-Type Funds 1.74% 146 $1,979,001 $0 $0 $0N/A
2012 Total Group Life 0.02% 2,835 $752,804 $0 $106,127,092 $52,648N/A
2012 Group Whole Life 0.00% 22 $1,950 $0 $105,457,711 $172N/A
2012 Group Term Life 0.07% 1,375 $301,854 $0 $663,378 $52,476N/A
2012 Group Ordinary Annuities 0.00% 1 $0 $0 $0 $0N/A
2012 Group Modified Guaranteed Annuities 52.17% 1,437 $449,000 $0 $6,003 $0N/A
2011 Total Life 9.04% 62,575 $916,480,328 $24,757 $250,281,445 $8,258,399N/A
2011 Total Individual Life 12.44% 60,596 $907,046,834 $24,757 $171,257,465 $8,252,911N/A
2011 Individual Whole Life 1.06% 8,006 $8,373,702 $24,757 $62,128,768 $2,396,359N/A
2011 Individual Term Life 3.34% 15,218 $15,265,864 $0 $90,105,129 $4,368,737N/A
2011 Individual Universal Life 2.07% 7,372 $11,769,130 $0 $6,053,037 $1,272,200N/A
2011 Individual Credit Life 9.74% 1,082 $123,760 $0 $86,157 $12,500N/A
2011 Individual Variable Life 1.11% 760 $1,841,280 $0 $7,571,467 $203,115N/A
2011 Individual Ordinary Annuities 19.16% 1,163 $228,612,030 $0 $5,153,812 $0N/A
2011 Individual Variable Annuities 19.70% 26,778 $636,632,088 $0 $110,349 $0N/A
2011 Individual Modified Guaranteed Annuities 17.87% 11 $2,162,281 $0 $48,746 $0N/A
2011 Individual Equity Indexed Annuities 0.03% 47 $180,848 $0 $0 $0N/A
2011 Individual Deposit-Type Funds 1.41% 159 $2,085,851 $0 $0 $0N/A
2011 Total Group Life 0.33% 1,979 $9,433,494 $0 $79,023,980 $5,488N/A
2011 Group Whole Life 0.00% 20 $1,574 $0 $78,741,279 $3,539N/A
2011 Group Term Life 0.00% 10 $867 $0 $276,682 $1,949N/A
2011 Group Ordinary Annuities 0.00% 1 $0 $0 $0 $0N/A
2011 Group Modified Guaranteed Annuities 85.92% 1,948 $9,431,053 $0 $6,019 $0N/A


Enforcements

The department has not taken enforcement action against this company in the past three years.
Link to Enforcements Page


Complaint Index

Link to Complaint Index Page
YearLineMarket
Share
Number of
Complaints
Complaint
Index
2013 Health 0.00% 1 1604
2013 Life and annuities 8.38% 13 14
2012 Health 0.00% 1 1500
2012 Life and annuities 9.81% 13 12
2011 Life and annuities 8.82% 11 11
2011 Health 0.00% 1 1052


Company Changes

Effective Date: 07/01/2002
Comments: Inter-State Assurance Co. merged with and into Proptective Life Insurance Company.
Effective Date: 01/01/2004
Comments: First Variable Life Insurance Co. merged with and into Protective Life Insurance Co.
Effective Date: 01/01/2007
Comments: Chase Life & Annuity Company merged with and into Protective Life Insurance Company.
Effective Date: 01/01/2007
Comments: Chase Life & Annuity Company merged with and into Protective Life Insurance Company.
Effective Date: 07/01/2012
Comments: Effective 7/1/2012 United Investors Life Insurance Company merged with and into Protective Life Insurance Company.


Market Conduct

Date: 02/10/2006
Pdf Links
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Financial Exams

This company does not have any financial exams.