Company Details

  LUMICO LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

73504


Phone Number:

877-794-7773


Company Address:

175 KING ST. 
ARMONK, NY  10504

Description:

Life and Health


License Number:

A423205


Date Admitted:

1984-06-19


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
2018 Total Accident & Health 0.00% $4,148 $4,045 $0 $0 0.00 %
2018 Total Individual Accident & Health 0.00% $4,148 $4,045 $0 $0 0.00 %
2018 Individual Medicare Supplement 0.00% $204 $199 $0 $0 0.00 %
2018 Individual Accident Only 0.00% $3,944 $3,846 $0 $0 0.00 %
2018 Total Life 0.00% $532,155 $0 $92,835 $0 N/A
2018 Total Individual Life 0.00% $532,155 $0 $92,835 $0 N/A
2018 Individual Whole Life 0.02% $262,060 $0 $17,433 $0 N/A
2018 Individual Term Life 0.03% $270,095 $0 $75,402 $0 N/A
2017 Total Accident & Health 0.00% $335 $380 $0 $0 0.00 %
2017 Total Individual Accident & Health 0.00% $335 $380 $0 $0 0.00 %
2017 Individual Accident Only 0.00% $335 $380 $0 $0 0.00 %
2017 Total Life 0.00% $187,492 $0 $262,820 $0 N/A
2017 Total Individual Life 0.00% $187,492 $0 $262,820 $0 N/A
2017 Individual Whole Life 0.01% $154,551 $0 $262,776 $0 N/A
2017 Individual Term Life 0.00% $32,941 $0 $44 $0 N/A
2016 Total Life 0.00% $186,952 $0 $555 $0 N/A
2016 Total Individual Life 0.00% $186,952 $0 $555 $0 N/A
2016 Individual Whole Life 0.01% $93,088 $0 $555 $0 N/A
2016 Individual Term Life 0.01% $93,864 $0 $0 $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
2018 Health 0.00% 0 0
2018 Life and Annuities 0.00% 2 5451
2018 Medicare Supplement Insurance 0.00% 0 0
2017 Life and Annuities 0.00% 1 4135
2017 Health 0.00% 0 0
2016 Life and Annuities 0.00% 0 0


Company Changes

Effective Date: 08/02/2012

Comments: Effective 8/2/2012 Congress Life Insurance Company changed its name to Generation Life Insurance Company.

Effective Date: 03/23/2017

Comments: Effective 3/23/17 Generation Life Insurance Company changed its name to the above.

Effective Date: 06/11/2018

Comments:


Market Conduct

This company does not have any market conduct exams or investigations.


Financial Exams

Date: 06/11/2018

GenLICoExam.pdf