Company Name:
Merit Life Insurance Co.Company Address:
1900 South Blvd, Suite 300
Charlotte, NC 28203Mailing Address:
1900 South Blvd, Suite 300
Charlotte, NC 28203Mailing Phone:
8336374854Description:
Life and Health (Ch 376 & 377, RSMo)Date Admitted:
1963-09-05
| Line |
Authorized Date |
| Accident and Health |
1963-09-05 |
| Life, annuities and endowments |
1963-09-05 |
Group Credit Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
2.21% |
13,046 |
$768,815 |
$0 |
$429,333 |
$50,385 |
55.84% |
| Missouri Total |
100.00% |
424,444 |
$34,865,411 |
$14,676 |
$16,000,567 |
$3,064,700 |
45.89% |
Group Short Term Credit Disability
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
3.90% |
7,339 |
$1,017,612 |
$993,762 |
$0 |
$230,353 |
$288,793 |
29.06% |
| Missouri Total |
100.00% |
222,699 |
$26,096,861 |
$27,714,654 |
$0 |
$9,907,171 |
$8,112,531 |
29.27% |
Group Term Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.06% |
386 |
$243,875 |
$0 |
$322,945 |
$13,332 |
132.42% |
| Missouri Total |
100.00% |
3,033,190 |
$431,403,454 |
$1,514,546 |
$359,258,987 |
$163,667,408 |
83.28% |
Individual Accident Only
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.37% |
811 |
$196,705 |
$196,705 |
$0 |
$13,501 |
$11,571 |
5.88% |
| Missouri Total |
100.00% |
616,596 |
$52,708,199 |
$53,124,343 |
$0 |
$23,629,140 |
$25,479,816 |
47.96% |
Individual Term Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.15% |
8,029 |
$640,206 |
$0 |
$507,326 |
$64,508 |
79.24% |
| Missouri Total |
100.00% |
829,589 |
$425,122,250 |
$9,199,275 |
$261,285,814 |
$140,263,956 |
61.46% |
Individual Whole Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.00% |
126 |
$25,536 |
$0 |
$15,000 |
$1,170 |
58.74% |
| Missouri Total |
100.00% |
1,998,651 |
$694,747,666 |
$319,678,240 |
$790,985,364 |
$65,232,265 |
113.85% |
Total Accident & Health
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.02% |
8,150 |
$1,214,317 |
$1,190,467 |
$0 |
$243,854 |
$300,364 |
25.23% |
| Missouri Total |
100.00% |
14,781,584 |
$6,321,663,058 |
$6,300,472,351 |
$2,820,494 |
$4,786,573,315 |
$4,914,517,495 |
78.00% |
Total Group Accident & Health
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.02% |
7,339 |
$1,017,612 |
$993,762 |
$0 |
$230,353 |
$288,793 |
29.06% |
| Missouri Total |
100.00% |
12,774,038 |
$4,634,501,331 |
$4,620,799,459 |
$149,561 |
$3,599,832,396 |
$3,659,809,895 |
79.20% |
Total Group Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.03% |
13,432 |
$1,012,690 |
$0 |
$752,278 |
$63,717 |
74.29% |
| Missouri Total |
100.00% |
4,359,952 |
$3,626,575,837 |
$8,758,448 |
$2,828,770,502 |
$184,260,052 |
78.00% |
Total Individual Accident & Health
|
Market Share |
Number of Insureds |
Direct Premium Written |
Direct Premium Earned |
Dividends Paid |
Direct Losses Paid |
Direct Losses Incurred |
Loss Ratio |
| Company Total |
0.01% |
811 |
$196,705 |
$196,705 |
$0 |
$13,501 |
$11,571 |
5.88% |
| Missouri Total |
100.00% |
2,007,546 |
$1,687,161,727 |
$1,679,672,892 |
$2,670,933 |
$1,186,740,919 |
$1,254,707,600 |
74.70% |
Total Individual Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.01% |
8,155 |
$665,742 |
$0 |
$522,326 |
$65,678 |
78.46% |
| Missouri Total |
100.00% |
4,065,686 |
$5,607,840,555 |
$391,663,711 |
$5,099,613,817 |
$279,794,443 |
90.94% |
Total Life
|
Market Share |
Number of Insureds |
Direct Premium and Annuities |
Dividends Paid |
Direct Claims and Benefits Paid |
Life Insurance in Force |
Benefits Ratio |
| Company Total |
0.02% |
21,587 |
$1,678,432 |
$0 |
$1,274,604 |
$129,395 |
75.94% |
| Missouri Total |
100.00% |
8,425,638 |
$9,234,416,392 |
$400,422,159 |
$7,928,384,319 |
$464,054,495 |
85.86% |