Company Details

  LUMICO LIFE INSURANCE COMPANY License Status :
Active

NAIC Number :

73504


Phone Number:

866-440-4047


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
2020 Total Accident & Health 0.01% $4,808,609 $4,874,552 $3,384,133 $3,894,758 79.90 %
2020 Total Individual Accident & Health 0.02% $4,808,609 $4,874,552 $3,384,133 $3,894,758 79.90 %
2020 Individual Medicare Supplement 0.18% $4,804,731 $4,870,687 $3,384,133 $3,894,758 79.96 %
2020 Individual Accident Only 0.00% $3,878 $3,865 $0 $0 0.00 %
2020 Total Life 0.01% $2,103,383 $0 $651,436 $0 N/A
2020 Total Individual Life 0.01% $2,103,383 $0 $651,436 $0 N/A
2020 Individual Whole Life 0.10% $1,335,266 $0 $146,436 $0 N/A
2020 Individual Term Life 0.06% $768,117 $0 $505,000 $0 N/A
2019 Total Accident & Health 0.00% $1,121,731 $1,138,022 $490,793 $615,017 54.04 %
2019 Total Individual Accident & Health 0.01% $1,121,731 $1,138,022 $490,793 $615,017 54.04 %
2019 Individual Medicare Supplement 0.04% $1,117,507 $1,133,811 $490,793 $611,577 53.94 %
2019 Individual Accident Only 0.00% $4,224 $4,211 $0 $3,440 81.69 %
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 %

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
2020 Health 0.02% 1 144
2020 Life and Annuities 0.01% 3 2549
2020 Medicare Supplement Insurance 0.25% 1 374
2019 Life and Annuities 0.01% 3 4000
2019 Medicare Supplement Insurance 0.04% 0 0
2019 Health 0.00% 0 0
2018 Health 0.00% 0 0
2018 Life and Annuities 0.00% 2 5451
2018 Medicare Supplement Insurance 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.


Market Conduct

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


Financial Exams

Date: 06/11/2018

GenLICoExam.pdf