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 |
2.63% |
9,334 |
$498,109 |
$0 |
$355,946 |
$32,274 |
71.46% |
| Missouri Total |
100.00% |
282,944 |
$18,951,964 |
$20,835 |
$14,064,472 |
$1,701,239 |
74.21% |
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 |
3.54% |
4,453 |
$491,715 |
$669,079 |
$0 |
$244,561 |
$266,622 |
39.85% |
| Missouri Total |
100.00% |
142,687 |
$13,897,403 |
$17,198,226 |
$0 |
$7,464,066 |
$5,725,319 |
33.29% |
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 |
0.05% |
279 |
$178,020 |
$0 |
$204,814 |
$9,262 |
115.05% |
| Missouri Total |
100.00% |
2,424,579 |
$385,905,526 |
$1,057,661 |
$439,920,936 |
$158,090,482 |
114.00% |
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 |
0.07% |
498 |
$42,021 |
$42,021 |
$0 |
$11,395 |
$13,519 |
32.17% |
| Missouri Total |
100.00% |
697,874 |
$57,040,268 |
$57,342,016 |
$8 |
$25,743,539 |
$26,501,210 |
46.22% |
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 |
0.05% |
3,937 |
$200,903 |
$0 |
$125,150 |
$32,070 |
62.29% |
| Missouri Total |
100.00% |
763,466 |
$439,557,425 |
$9,068,723 |
$297,048,781 |
$165,483,150 |
67.58% |
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% |
110 |
$16,558 |
$0 |
$43,052 |
$877 |
260.01% |
| Missouri Total |
100.00% |
1,843,304 |
$758,778,596 |
$303,342,750 |
$816,380,870 |
$61,995,381 |
107.59% |
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 |
0.01% |
4,951 |
$533,736 |
$711,100 |
$0 |
$255,956 |
$280,141 |
39.40% |
| Missouri Total |
100.00% |
11,102,573 |
$7,586,272,242 |
$7,567,880,063 |
$6,265,933 |
$5,759,414,503 |
$5,811,825,025 |
76.80% |
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 |
0.01% |
4,453 |
$491,715 |
$669,079 |
$0 |
$244,561 |
$266,622 |
39.85% |
| Missouri Total |
100.00% |
8,926,271 |
$5,277,397,178 |
$5,271,709,298 |
$335,774 |
$4,103,463,028 |
$4,123,830,018 |
78.23% |
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% |
9,613 |
$676,129 |
$0 |
$560,760 |
$41,536 |
82.94% |
| Missouri Total |
100.00% |
4,088,624 |
$2,661,864,262 |
$5,616,733 |
$2,903,676,683 |
$200,039,495 |
109.08% |
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 |
0.00% |
498 |
$42,021 |
$42,021 |
$0 |
$11,395 |
$13,519 |
32.17% |
| Missouri Total |
100.00% |
2,176,302 |
$2,308,875,064 |
$2,296,170,765 |
$5,930,159 |
$1,655,951,475 |
$1,687,995,007 |
73.51% |
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 |
0.00% |
4,047 |
$217,461 |
$0 |
$168,202 |
$32,947 |
77.35% |
| Missouri Total |
100.00% |
3,825,232 |
$6,554,945,707 |
$353,015,946 |
$4,898,709,389 |
$304,103,906 |
74.73% |
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 |
0.01% |
13,660 |
$893,590 |
$0 |
$728,962 |
$74,483 |
81.58% |
| Missouri Total |
100.00% |
7,913,856 |
$9,216,809,969 |
$358,632,679 |
$7,802,386,072 |
$504,143,401 |
84.65% |