Company Details

  ROYALTY CAPITAL LIFE INSURANCE COMPANY License Status :
Inactive

NAIC Number :

61573


Phone Number:

8012641060


Company Address:

19250 EVERETT LANE, SUITE 201 
MOKENA, IL  60448

Description:

Life and Health


License Number:

A419739


Date Admitted:

2022-04-05


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
2021 Total Accident & Health 0.00% $8 $12 $0 $0 0.00 %
2021 Total Individual Accident & Health 0.00% $8 $12 $0 $0 0.00 %
2021 Individual Accident Only 0.00% $8 $12 $0 $0 0.00 %
2021 Total Life 0.00% $177,206 $0 $1,150,982 $0 N/A
2021 Total Individual Life 0.00% $165,930 $0 $1,116,890 $0 N/A
2021 Individual Whole Life 0.01% $84,389 $0 $657,197 $0 N/A
2021 Individual Term Life 0.00% $565 $0 $0 $0 N/A
2021 Individual Ordinary Annuities 0.00% $33,675 $0 $459,693 $0 N/A
2021 Individual Deposit-Type Funds 0.05% $47,301 $0 $0 $0 N/A
2021 Total Group Life 0.00% $11,276 $0 $34,092 $0 N/A
2021 Group Whole Life 0.02% $11,276 $0 $34,092 $0 N/A

Enforcements

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

Link to Enforcements Page


Complaint Index

Year Line Market Share Number of Complaints Complaint Index
2021 Health 0.00% 0 0
2021 Life and Annuities 0.00% 2 9999


Company Changes

Effective Date: 03/26/2010

Comments: Capital Reserve Life Insurance Co. by American Life & Security Corp.

Effective Date: 10/26/2007

Comments: Capital Reserve Life Insurance Co. by Security National Life Insurance Co.

Effective Date: 03/15/2002

Comments: Capital Reserve Life Insurance Co. by Franklin L. Warden

Effective Date: 02/17/2016

Comments: Proposed Acquisition of Capital Reserve Life Insurance Company by Inspire Capital Corporation

Effective Date: 12/06/2016

Comments: Proposed Acquisition of Capital Reserve Life Insurance Company by Royalty Capital Corporation, John C. Todd, and Gregg E. Zahn

Effective Date: 12/31/1969

Comments: Proposed Acquisition of Royalty Capital Life Insurance Company by First Trinity Financial Corporation and Gregg E. Zahn.

Effective Date: 04/05/2022

Comments: Effective 04/05/2022 the above company was merged with Family Benefit Life Insurance Company (NAIC 70742), the sole surviving company.


Market Conduct

Date: 12/29/2020

RCLIC1220.pdf


Financial Exams

Date: 04/06/2015

CapitalReserveLifeFE.pdf

Date: 06/18/2020

Order and Exam Report - Royalty Capital Life Insurance Company.pdf